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clock Created with Sketch. 23/11/16
19:22
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Originally posted by Sea blue
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Bit more specific for my $1 target..Part II (Financials)$270k pa (this is a bit higher than the $205k full quarter revenue IAM said they received ending 30 Sep. Note: I derived 50% discount by working backwards from quarterly revenue and the $20k is an assumption only.$1.08m pa $24m pa (sub total is $3m, so to achieve M1 target of NPAT $1m, costs need to be under $2m. M2 target of $4m is also likely after 2 years)$68m pa
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BT, $20k per practice per month is pie in the sky figures, there is no chance that IAM would be able to receive those sales figures unless we are talking about $2million per annum ongoing revenue generated by that practice. FP revenues will be cut further with a 40% reduction in upfront insurance commissions that will have a material impact on practice expenditures.
(20min delay)