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9.2¢ advanced health intelligence ltd

These assumptions are very unrealistic. No app experiences such...

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Wolf9

463 Posts.

31

12/08/20

10:52

Post #: 46477082
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Originally posted by Day424: ↑

So I asked around a bit, and the mechanics of how things work with Bearn is actually a really big positive for us. As users "earn while they Bearn" on the app, the users will pay for the scans with these earnings, so they don't need to fork out any money themselves like with Evolt. With a 25m pre-registration, 75% user retention, and people being able to take scans for "free" in a sense, means that MYQ will be looking at a lot of scans being done through the Bearn app at $2 per scan. If even 1% of the 25m pre-registers ends up scanning just once a month, that's already $2.5m revenue per month on a really conservative estimate. I had personally signed up to Evolt's scans, but might just make the switch to Bearn now lol

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These assumptions are very unrealistic. No app experiences such high conversion and retention rates.

IMO this will generate no more than $2k a month in revenue, and this is a realistic estimate.

Last edited by Wolf9: 12/08/20

MYQ Price at posting: 27.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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