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...
That's right.I was wondering if we need 20M transactions...
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