Hey mate just running through the numbers a bit. @$12mill/1000 that would mean a rev of $1000 per month. Previously discussed was 50/50 @$750/month. I am using the $750 as a guide as i think that is a good starting point. They need to get these larger partners on side and these guys will have upfront costs in acquiring a customer. Employment, training, sales and so on.
Great for us as all that then is overheads someone else has to worry about.
Not that it matters too much as the important part is recurring rev and numbers of units.
I'm also taking into account that it will cost us 2 months a year in support costs. So $1500. Just a guess.
That is just for the back end cloud infrastructure and running costs.
However this becomes remarkably cheaper with qty and if we get scale this cost per unit is likely to halve.
So i guess you could say a bear case would be USD$7.5m per 1000 units or around AUD$9.5mil
Definitely looking forward to the next qrtly to give us some confirmation of the rate of growth.
What are you expecting on the first quarterly as far as revenue is concerned?
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