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Ann: MIGGSTER Subscriptions Update, page-42

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  1. 26 Posts.
    lightbulb Created with Sketch. 31
    Some updated back-of-napkin figures showing current uptake. Way too many unknown variables to make any accurate predictions but this is just for some wild speculation.

    Assumptions used:
    - 5.5m pre-registrations (half of the 11m number put out there)
    - Company expenses increase to $500k per quarter
    - EM1's cut of Miggster revenue is 64.5% of the total revenue after prize money (there may be other expenses)
    - Tax of 30%
    - P/E of 10 (relatively low)
    - $0 revenue from other sources
    - EM1 doesn't pay for prizes until the 100k subs reached
    - Current run rate column is based on the % uptake from the 925k emails sent and applied to the 5.5m pre-registrations

    https://hotcopper.com.au/data/attachments/2716/2716919-0f575e0872ddb67ad5cc81372f19c66e.jpg
 
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