DOU 0.00% 0.4¢ douugh limited

Ann: Half Yearly Report and Accounts, page-7

  1. 46 Posts.
    lightbulb Created with Sketch. 27
    I'm not sure about the 8,000 customers. I thought they had less than 5,000 downloads as at Jan 1 this year.
    If they did have 5,000 than the contributing revenue from each user for one month was 25c.
    I might not have the modelling correct but I was assuming, once the Users download the App, and establish trust with it they would start performing credit card transactions. In this way Douugh could make up to 5% per transaction fee. I may be wrong, and happy to be corrected. But I'm assuming if the average user spent $2,000 per month on CC transactions, at a more modest 3% transaction fee to Douugh, that would result in a monthly user contribution of $60. Therefore I would expect $300,000 in revenue contribution for 5,000 users in one month.

    Previously I've mentioned that with SaaS products you don't get revenue immediately. There is an attraction, a download, some utility and value demonstrated to the user, which establishes trust, and then revenue. That's why I am so disappointed with the initial customer feedback and engagement we are seeing (separate story).

    I would appreciate a more accurate view of the model, but my expectations, once the thing gets traction looks like the following:
    https://hotcopper.com.au/data/attachments/2951/2951714-8f1e9925555a2ba2a2eb187db8a060a1.jpg
    https://hotcopper.com.au/data/attachments/2951/2951715-47a0e4d3e3738d4ad9ad0897a8df2526.jpg
    I'm more than happy to be corrected to improve my modelling







 
watchlist Created with Sketch. Add DOU (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $3.787M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $243 71.75K

Buyers (Bids)

No. Vol. Price($)
21 12951744 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 3780588 7
View Market Depth
Last trade - 15.40pm 17/06/2024 (20 minute delay) ?
DOU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.