quickflix financials, page-2

Hi Liam,

best place to look is at their last quarterly update to make up your own mind.. but here's some quick sums for thought:

Subscribers have been growing conservatively at 10% per quarter, let's assume it continues

Last quarter receipts totalled 4,936K, let's assume they grow proportionally to subscriber growth (10% per Q)

Total cash outflows vary for all sorts of reasons but approximately 7000K per quarter seems fair enough.

Using those numbers, QFX would turn a quarterly profit at the end of Q4 from the last announcement (meaning April 2013).

Stretching it out really far.... taking today's market cap of $39M, with the same assumptions above - Q4 to Q7 earnings (total $5.5M) would equate to a forward P/E of around 7.

Not that the above numbers can be relied upon but they help put the company's price today in rough context of its earning potential 1-2 years down the track.

Cheers.