9SP 9 spokes international limited

Next few months will be "rewarding", page-8

  1. 3,889 Posts.
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    CFP next quarter is a pipe dream IMO... they would not have raised 10m cash if they KNEW that there would be minimal need for it.

    CR was to this level to ensure cash reserves are there until at least (again IMO) the next financial report is out - hence the reason why Adrian stated cash flow statement will now closely align with accrual accounting... hopefully the final third of the cash flow statement will remain empty (no equity or borrowings)

    all we have to worry about is:
    revenues - expense = loss (until profit is proven - lets keep it real )

    CFP by EOFY - I call that a possibility... but next Q is too soon for me - I seriously doubt we will see a per client metric on revenue from VISA any time soon - for three reasons: 1. ND Agreements, 2. Low margin per licence due to VISA dominance in negotiation - market may see it as a negative and punish the stock. 3. We didn't even know the revenue per user from before VISA!!!!.

    Right now though - any revenue for 9SP is better than none, VISAs presence is a massive positive and if it works well... will provide an opportunity for review/renewal more in 9SP's favour as the deal progresses.

    Can I see 9SP being a billion dollar company???
    Not in the next 3-5 years unless they add a massive range of additional apps to the portfolio with proven sales... I am glad they are not just a one trick pony with the release of the additional apps mentioned in the recent report... it gives me more hope of revenue --> growth --> CFP --> revaluation
 
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