The current model is broken. I can't see how any of the current revenue generating methods scale. We seem to be a middle man orchestrating things that drive business to other companies.
Need to be more effective at getting a piece of that pie because right now, we are earning about $2/user/quarter. At 500k/quarter burn we need 250K clients to break even. Theres about 8 mill Aussies between 15 & 40 which is our target market. we need about 5% of those to break even (allowing for costs to grow some with additional users) and atkeast 10% to be able to make meaningful revenuses.
Basically profitability is a dream unless the business model changes significantly.
For example, if we can take a little of the foreign exchange cost (.1% for example), we can ramp revenue very quickly.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
The current model is broken. I can't see how any of the...
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add DOU (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.328M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 15926377 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 13088297 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 15926377 | 0.003 |
21 | 16536638 | 0.002 |
3 | 5299950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 13088297 | 17 |
0.005 | 6758032 | 14 |
0.006 | 5013000 | 8 |
0.007 | 509874 | 2 |
0.008 | 986203 | 5 |
Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
DOU (ASX) Chart |
Day chart unavailable