RMY
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5.71% 7.4¢ rma global limited

Ann: Quarterly business update and Appendix 4C, page-6

  1. BaliBill
    70 Posts.
    lightbulb Created with Sketch. 24
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    28/10/21
    11:33
    Post #: 57140981
    US Agent subscription revenue:

    AU$246k earned in 1Q FY22
    US agent monthly subscription fee=US49 (AU$65.32)
    246/65.32/3 months = 1,255 Agent subscribers

    Out of 155,600 agents on the platform only 1,255 or 1.2% have taken out subscriptions.

    Seems a poor conversion rate to me.

    RMA management, please explain?
    Last edited by BaliBill: 28/10/21
    RMY Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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