RZI 1.33% 38.0¢ raiz invest limited

Ann: FY20 Results - Strong Growth Despite COVID Headwinds, page-3

  1. 96 Posts.
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    yeah i cant get my head around it. Lets say this time next year they have 15% (same as this year) growth in aussie accounts to about 260k at annual revenue of approx 40 per user - 10.4m. Add (finger in the air, nothing more) 100k active users across Malaysia and Indonesia at the 6 dollars per annum they are charging - 600k.. Gets you to 11m revenue. Assume constant expenses (unlikely) and the loss is about -3m. Add back D&A and non cash rem and you get to about zero this time next year.

    Im a holder looking for a reason not to reduce. Keen for an opposing view.
 
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