As per my previous post...
Based on half yearly figures highlighted in the Operations Update dated 02/12/2014, if we average it out, we can now see that each ATM is bringing in approximately AUD $4000 to TSI India. Note, that is based on 40 million transactions per half year.
AUD $6,000,000 / 1500 ATMs = AUD $4000 on average per 40 million transactions for half year. Note, I haven't added the additional 75 ATMs (of the 800 ATMs) to this exercise as those ATMs are not fully mature yet.
Should the second half match the first half year, this should equate to each ATM bringing in approximately AUD $8000 to TSI India based on 1500 fully mature ATMs. Or AUD $8000 x 1500 ATMs = AUD $12,000,000.
As new ATMs are added to the existing fleet, revenue will increase.
The company is aiming towards having the 725 ATMs added to the existing ATM fleet of (1575) by the end of next month.
Based on 'monthly average transactions' remaining the same, once those new 800 ATMs are on the market and are fully mature, this new batch should bring in an additional AUD $6,400,000 in recurring revenue to TSI India per year.
800 x $8000 = AUD $6,400,000.
Therefore:
AUD $12,000,000 (existing 1500 ATMs) + AUD $6,400,000 (new 800 ATM batch) = AUD $18,400,000 in recurring revenue to TSI India per year.
That's what I have my attention on. Exciting stuff!
Tony
Add to My Watchlist
What is My Watchlist?