KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-13341

  1. 4,872 Posts.
    lightbulb Created with Sketch. 5649
    Within 2 years DW8 has grown from less than 20 suppliers being onboarded per quarter to 13,000+ products & onboarding buyers at 200 per month run rate.

    QUARTERLY REPORT – 31 DECEMBER 2019
    WINEDEPOT signs up 19 wineries in 2019 with another 6 currently being onboarded

    QUARTERLY REPORT – 31 MARCH 2020
    WINEDEPOT signs up 12 more customers despite challenging trading conditions

    From 12 sign ups in March 2020 to hundreds monthly. Must be doing something right for hundreds of them to be signing up otherwise it would have been a crappy 48 per quarter by now if it only doubled every year.

    It's going ballistic from 12 / 3 = 4 sign ups per month = 1 per week to 200 in a month x 3 = 600 per quarter run rate. They are signing up on average 9 per day or a bit over 1 every hour.
 
watchlist Created with Sketch. Add KDY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.