1TT 0.00% 0.4¢ thrive tribe technologies limited

Around 1500 clients by years end?

  1. 3,092 Posts.
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    Great announcement today.

    Aside from the details of our new partner I found the following interesting.....

    "The new relationship with ADP comes as REFFIND accelerates its expansion into the USA, with Mr Pride spending the coming month in the country overseeing recruitment and rollout of business operations for the region. US Census Bureau data shows 18,219 businesses with more than 500 employees, highlighting the outstanding opportunity for REFFIND’s technology."

    My previous hope/prediction was that RFN would end CY2016 with around 1000 clients (500 in Aus/NZ 300 in The US and 200 in Asia) and this hope/prediction has just been upgraded with this new alliance and the worldwide reach it brings us. Another reason for my upgrade is that Jamie said in a recent interview with The AFR that he sees revenues from The US exceeding those from Australia by the end of this year.... I now see it as entirely possible that we could end this CY with around 1500 clients. I'll be keeping an open mind and upgrading/downgrading that figure as new material comes to light.

 
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