VMT 7.69% 14.0¢ vmoto limited

Ann: Half Yearly Report and Accounts, page-31

  1. MTV
    1,764 Posts.
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    I found this graph online (https://www.statista.com/statistics/347054/unit-sales-of-mercedes-benz-cars/):

    https://hotcopper.com.au/data/attachments/4641/4641028-e8087c40728f34fc1d6e714624fa91cc.jpg

    Also this from their 2021 annual report (cherry-picked highlights):
    https://hotcopper.com.au/data/attachments/4641/4641082-700a6888b0b6817f983f7ca691eacae8.jpg

    I don't see the 26% figure anywhere, but their growth in EVs was impressive.

    People are complaining about weak sales growth of 28%. This is what 28% per annum looks like for VMT over the next 20 years, starting from 2021 sales of 31,275 units:

    https://hotcopper.com.au/data/attachments/4641/4641565-aaad589e1aa4118472d573c1d28863b0.jpg

    I'd be happy with that. Of course we want to see stronger growth early on, to secure market share. However, in view of the headwinds the company has faced, 28% is not bad.

    Another thing to consider is that the company is also growing profits. Start-up companies with strong sales & revenue growth are usually still losing money.


 
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