Doing some very basic very conservative math: the first 4,000 units supplied to BNZ is worth a minimum of $1.5m p.a. to Mint.
Assumption:
4000 units @ $10 profit per each =$40,000.
4000 x $10 p.m (fees) x 12 = $480,000 p.a.
4000 x $2000 p.m. (micro bus. Turnover) x 12 = $96,000,000 x 1% = $960,000.
Imagine a 5% uptake of MYOB clients: but being conservative assume 1% next year. That’s an absolute minimum of $5m to the bottom line p.a. as annuity income.
Time to top-up.
Cheers XanaX
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