Ann: Reaffirming Record FY23 Guidance, page-12

First 12 Last

Share
Profile

Follow
padrinomessina

106 Posts.

66

27/07/23

12:16

Post #: 69012252
Share

Originally posted by jaluma: ↑

What a hilarious and depressing update.
After 3 years, they finally decide to disclose some metrics on the JV performance.
I can only assume that Michael is falling short on some KPI's (stock price maybe?) and trying to push it higher.
Let's assume that of the $17m in subscription revenue, we make a 40% GP margin after Iridium are paid.
That leaves about $6.8m, with our limited cut from other markets and high cut from Australia, we make about 11%.
Which gets us to our revenue run rate of around $745k in subscription revenue.
Michael had mentioned it was $730k in recent video, so I figure that is roughly around the mark.
So Roadpost make over $6m in subscription revenue, while we make less than $1m.
Seems fair given Roadpost contribute $0 to the R&D for the product development.
Great product ZOLEO, horrible JV.

Expand

JV numbers are good to me. That's $17m USD so more like $25m AUD. Margins are closer to 60% we have been told. Total revenue is greater than +$10m from FY22. I think they are trying to show the operation of Zoleo Inc is no longer a drag.

Last edited by padrinomessina: 27/07/23

BCC Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

DYL

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

PH2

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

ASM

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

BBT

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

First 12 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $11.23M

Open	High	Low	Value	Volume
13.0¢	13.0¢	13.0¢	$3.88K	29.84K

Buyers (Bids)

No.	Vol.	Price($)
2	102500	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	30157	1

View Market Depth

No.	Vol.	Price($)
2	102500	0.120
1	44000	0.115
2	77281	0.110
3	1005000	0.100
1	250000	0.093

Price($)	Vol.	No.
0.130	30157	1
0.135	32872	1
0.140	28920	2
0.145	96500	1
0.150	16767	1

Last trade - 10.06am 17/06/2025 (20 minute delay)

BCC (ASX) Chart

Ann: Reaffirming Record FY23 Guidance, page-12

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Reaffirming Record FY23 Guidance, page-12

Top Stories

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News