The margin cut to the telco's is initially high, like 80% then over 6 months or so Unith's share gets bigger. I don't know maybe the telco's share goes down to 50-60%? If someone could research the correct splits - that would be great. We have not been given any breakdown of any metrics. Most apps have been out there from last September or a year so Unith should be getting their full cut by now! Perhaps their novelty is wearing off?? Churn ,, yes. They did mention that was 20% or something along time ago. (IE: 20% cut their subscription after a month or 3)
I don't think the metrics have been clearly stated and quite rightly almost impossible to quantify. Also telco's take a very long time to pay up - like two to six months after app purchase. (if you could imagine the app is in your Telstra bill eg: $29 per month, your bill $300, you pay $200 off your bill which was one month after your bill, was that for your calls or the app?, Thus it takes a long time for the actual metrics to come through to justify payment to Unith- That's my guess)
UNT Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
