The next 6 months should be telling for SCL.
The number of schools registered on the platform as of October 15, stands at 446.
If we take a September 30 estimate of 426 schools (assumes a faster uptake in the two weeks of October) that equates to 10% QoQ growth.
Given a COVID affected FY20, a fairer comparison would be with the corresponding quarters in FY19. At which period, QoQ growth was at 4%.
As a comparison, Search Associates currently have 737 registered schools on their platform.
Growth appears to be taking off again, and at this price, downside appears limited. Yet I am still finding it difficult to gather enough conviction for a substantial investment.
361 schools - End of June 19 (Q2, FY 19)
374 schools - End of September 19 (Q3, FY 19)
= 4% growth
388 schools - End of June 20 (Q2 FY20)
350 schools - End of September 20 (Q3 FY20)
= 11% decline (COVID affected)
386 schools - End of June 21 (Q2 FY 21)
446 schools - End of September 21 (Q3 FY21)*
= 15% growth
*Includes additional 2 weeks of October
Estimated number of schools at September 30, 2021 : 426
= 10% QoQ growth
- Forums
- ASX - By Stock
- Platform Customer Growth
The next 6 months should be telling for SCL. The number of...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.71M |
Open | High | Low | Value | Volume |
46.5¢ | 46.5¢ | 46.5¢ | $46.71K | 100.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16743 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 100000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16743 | 0.465 |
9 | 1439904 | 0.460 |
4 | 380237 | 0.455 |
1 | 221783 | 0.450 |
1 | 25000 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 100000 | 3 |
0.485 | 57636 | 2 |
0.500 | 3505 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.40pm 26/07/2024 (20 minute delay) ? |
Featured News
SCL (ASX) Chart |