The re-branding is the trigger event for a domino of 3 Revenue generating events
-Subaru Levorgs
-RACV Campaign
-Mobilise
The primary reason the SP had dropped from 4.0 to 3.0c was imo the gradual realization the Imprezas would be taken back. Hence a revenue impact. Once the 105 Levorgs launch and begin to generate income (at the higher price point which is key).
Impreza's $27 a day (40% Gross Revenue (12% admin and 38% Insurance)
Levorg's $53 a day (40% Gross Revenue (15% admin and 24% Insurance)
So Admin Fee:-
101 Impreza's rented for a Qtr it's $29,451
105 Levorgs rented for a Qtr it's $75,127
So Insurance is interesting as we'll receive some rebate on the below value due to PeerPass:-
101 Impreza's rented for a Qtr it's $93,263
105 Levorgs rented for a Qtr it's $120,204
The Levorgs should equate to about 250 Impreza's in profit
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RACV is potentially the most explosive near term revenue stream:-
2.1m members, ideally at 1% uptake that'll equate to 21,000 vehicles being rented (Bare in mind we only rent 200 now) work the numbers on that scale ability....
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Aon will drive this platform initially however RACV also offers insurance to Businesses, so expect to see this expand in multiple ways. VERY HAPPY TO SEE HIGHER PRICED ITEMS. The Admin portion will obviously reflect greater returns ......
Lots of high growth Revenue events occurring in DAYS!!!........That's what'll send the SP rocketing
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