So what do we know about potential revenue ?
The latest quarterly and Preliminary Final (to June 30th) have the beginnings of cash trickling in.
This seems to only be from the K2U app launches initially in 1st week of June so it's early days yet.
The K2U app deal is with Sunfly and the deal is to have 100,000 registered users in the 1st 18-months to generate $2.6M profit.
Google Play currently only shows install numbers which are 6 weeks old and are a little vague - 10k-50k installs up to 3rd August 2016.
Unsure how we can find the numbers for iOS..
What penalty (if any) is there if the 100k target is missed ?
The following article from copyright link back in January doesn't differentiate but I have a feeling there's more to it.
http://www.copyright link/technolog...n-karaoke-venture-with-sunfly-20160120-gm9om1
"The new company is yet to be named, but it is likely to generate $8 million of revenue in the first 18 months, generating about $2.6 million in profit for TV2U."
It'd be good to have a few reasonably thought-out opinions added to this topic and if anyone is good with PE (and Forward-PE) ratios, we might be able to figure a little more on what the Market Cap 'should be' versus what it grow to in the next few months.
Please no ramping (up or down) - just sensible discussion - thanks![]()
- Forums
- ASX - By Stock
- TV2
- Projected Revenue
Projected Revenue, page-3
-
-
- There are more pages in this discussion • 350 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 TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online