Doing some quick 'back of a coaster' math MYQ are potentially looking at the following if they hit the 1,000,000 target users.
Not sure what actual percentages will be but if we do 50/50 split of single scan/active users (monthly fee)
Single Scan
500,000 @ $4.99USD = $2,495,000USD
Active Users (monthly fee)
500,000 @ $2.89USD/mth = $1,445,000USD/mth
x 12mth = $17,340,000USD annually
So potentially around $20,000,000USD annually
OR
If we just use Active Users alone (as says target is 1,000,000 active users) then we are looking at
1,000,000 x $2.89USD/mth = $2,890,000USD/mth
x 12 = $34,680,000USD recurring annually
Wow!
And that's just the initial 12mth target...
Now just imagine if they overshoot the target...
Then imagine what that means to the bottom line if those numbers keep increasing...
Might seem far fetched but considering Jayex have over 50,000,000 patient interactions per year those numbers are definitely attainable...
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Doing some quick 'back of a coaster' math MYQ are...
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