VMT 3.57% 13.5¢ vmoto limited

What your implying is that they have fully penetrated their...

  1. 161 Posts.
    lightbulb Created with Sketch. 61
    What your implying is that they have fully penetrated their markets. To put in perspective, imagine their share of motorbike/scooter sales.

    "By 2018, the total number of motorcycles to be sold worldwide is expected to be approximately 132.4 million units" (google)

    This is a grain of sand on a beach compared to the amount of scooters sold in a given year.

    + The rideshare companies turnover stock every 3 years so there is a recurring nature to that revenues.

    ... They grew after doubling, and expect to grow in the next quarters.

    They will be doing triple the units they did in June 2019 by June 2020

    This is a freebie.

 
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