SWF 3.70% 13.0¢ selfwealth limited

Ann: Quarterly Activities Report and Appendix 4C, page-61

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    is my following maths correct?

    as new traders get 5 free trades for joining, i think Selfwealth has an additional $22.50 Customer Acquisition Cost ($4.50 X 5)

    therefore CAC is north of $118 (96 + 22.50)

    with revenue (not profit) per active trader of only $46, it's about 3.2 years until break even point, ROI is seen?

    calc:
    46 x 4 = $184 revenue/trader/year.
    assuming 20% GP margin, then $37 GP/trader/year.
    118/37 = 3.2 years until CAC breakeven
 
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