Team I have some really bad news, it looks like DMC is going to be taking a massive hit with launching Mobilise this year and their costs have risen almost 50% based on predictions for the quarter.
Please don't flog off this income model as BS, the assumptions have been pretty spot on with each quarterly so far.
All I want to do is make sure your expectations are appropriate, they indicated in their last quarterly they were going to see a spike in expenses, thus last quarters operating loss of -$442k and increasing to circa -$900k this Sept quarter, around 50% more in expenses from -1178k to -1778k.
See the model below for your own looking.
Also interesting to see that the potential share price is pretty much identical to what has been happening in the market!
But you always have to spend money to make money - so I fully predict with the launch of Mobilise we will see a massive jump in receipts. This income model is purely based on what is happening, not speculation (DMC, MyCaravan, Rentoid etc). Once I get some guidance on financials of Mobilise they will be included and I will be able to update you guys on guidance for CF+.
Dan
CL8 Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held