PIL 0.00% 1.3¢ peppermint innovation limited

Ann: Peppermint receives key certifications from Central Bank, page-54

  1. 75 Posts.
    lightbulb Created with Sketch. 16
    That's right.

    I was wondering if we need 20M transactions from members if PIL really earns $0.1 from each of those. (it sounds a lot!)
    That would be $25 per transaction value which to me sounds reasonable on average.
    (I assume an overall volume of $500M per year)

    This would mean $2M revenue per anno which would probably push PIL into black numbers with a current annual loss of $2.36M.
    So we need to see around $550k in revenue reported in April if implementation is finished in December???
    Did I get that right? I probably have missed something...
 
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