I am convinced that the market still doesn't understand what these guys are doing and what the end game looks like.
Revenue stream levers a-plenty:
As case-in-point, take just the last paragraph:
Assuming they can clip a very modest 2% Net Interest Margin for providing that kind of financing service (sure, it will require capital to do so), for every mere 1% of the $16bn of TAM they can access, would equate to around $3m in Gross Profit, of which most would drop through to the Pre-Tax Profit line.
So if they manage to jag a mere 5% share of that addressable market, then we are talking about something like $15m in incremental Operating Profits.
.
- Forums
- ASX - By Stock
- PTG
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)