Has anyone done research on the companies signed up up post 20 June? The announcement says 116 merchants were signed up and they specifically mentioned The hut group, Specialized, Echelon Fitness. They mentioned The Hut has 1.14bn in revenue which to me is a huge win! I looked up Echelon and Specialized and from what I found they are close to $1bn each as well... If this is the case that would be about $3bn in potential addressable market per year signed up which would make the next quarter sales for SPT the best ever ...Would be interested to see if anyone else has info on SPT's addressable market as it stands or any confirmation on the revenue the new merchants have.
SPT Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
