Australia's largest stock trading and investment forum Australia's #1 stock forum

KDY

0.00%

2.7¢ kaddy limited

My estimate is around the same Steve.

First 13321 Last

Share
Profile

Follow
LD99

7,245 Posts.

1389

07/04/22

11:10

Post #: 60711040
Share

Originally posted by steve10: ↑

Trade buyers should double in a year resulting in x2 increase in Kaddy GMV & suppliers should double in a year also resulting in x2 increase in Kaddy GMV thus x4 increase in Kaddy GMV is feasible.

It will also result in Kaddy fulfilment volume increasing triple digits YOY.

With approx. $12M cash balance DT mentioned there are enough funds until CY23 so cashburn will be about $3M per quarter on average. Might be $1M + $3.5M + $3M + $2.5M next four quarters. Then should be $2M + $1.5M + $1M + $0.5M & then break even. The cash burn ratio will be reducing as revenue increases until break even.

Q3 FY22 revenue estimate is $5.7M + $4.8M NDC = $10.5M - $11.5M expenses = $1M cash burn. May even be close to break even.

May require CR sometime in October this year after Q1 FY23. I estimate they will need a further $5M cash until break even so they may raise about $10M to allow for some buffer. At 5c SP = 200M shares so total SOI will be 2.844B & 7.5% dilution. Worst case say 3c SP = 333.33M shares so total SOI will be 2.977B & 12.6% dilution. Say another 10-15% dilution & Kaddy will be profitable. If they can stretch out funds & have CR sometime in January/February 2023 should result in less dilution. A big customer or flipping another warehouse would make this possible.

Expand

My estimate is around the same Steve.

DW8 Price at posting: 3.1¢ Sentiment: Hold Disclosure: Held
21 Upvote

1 Great analysis

Reply

Top Stories

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

VUL

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

There are more pages in this discussion • 3,083 more messages in this thread...

First 13321 Last

Add KDY (ASX) to my watchlist

(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $3.834M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

My estimate is around the same Steve.

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Utah authorities sign off on Anson's lithium extraction plans at Green River

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Featured News

Featured News

My estimate is around the same Steve.

Top Stories

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Utah authorities sign off on Anson's lithium extraction plans at Green River

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Featured News

Featured News