GP margin of 30% ???
For a platform business at maturity net profit margins are generally 25-30% and 80-90% for gross profit margins.e.g. Carsales has NP margin of 30% and GM of 84%, AirBNB GM of 81%
I think you have mixed up the take rate of 30% with gross margins.
If your gonna be using take rates then you should be looking at gross transaction value instead of revenue.GTV in latest quarter was $13m so current annual run rate of about $52m not factoring in any growth or seasonality benefits.$52m is only 52% away from $80m objective slated which is nothing considering their annual growth rate is currently 70% y/y for GTV....
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
GP margin of 30% ??? For a platform business at maturity net...
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.59 |
Change
-0.020(1.24%) |
Mkt cap ! $113.6M |
Open | High | Low | Value | Volume |
$1.60 | $1.60 | $1.57 | $98.92K | 62.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | $1.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.65 | 6735 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 1.580 |
2 | 10000 | 1.560 |
1 | 2500 | 1.550 |
1 | 600 | 1.530 |
3 | 6000 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.650 | 6735 | 1 |
1.790 | 5000 | 1 |
1.795 | 3600 | 1 |
1.875 | 1000 | 1 |
1.900 | 1784 | 2 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.60 |
  |
Change
-0.020 ( 0.65 %) |
|||
Open | High | Low | Volume | ||
$1.59 | $1.61 | $1.56 | 9919 | ||
Last updated 15.58pm 07/05/2024 ? |
Featured News
CHL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online