Im just looking at SZL numbers when they first launched - IOU compares very favorably. Yes i know its not an apples for apples comparison but it does give us an indication of what lies ahead for IOY. See attached SZL numbers, those are yearly numbers....
SZL TTV: 224m USD p/a in 2019, so app. 20m p/m.
IOU current TTV run rate, an of course i know this is very early days is.... app. 6m AUD p/m, i would hazard a guess that after ramping up there is no reason why we cant achieve a TTV of app. 20m AUD p/m, and this is quite conservative.
For a growth company like IOU the market will judge it not so much by its absolute TTV numbers but rather its growth "duh!!", if IOU can emulate SZL's growth then the sky really is the limit for IOU.
IOU Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
