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The value of the Liquidity Desk alone, page-15

  1. 874 Posts.
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    I'm definetly no accountant, but here goes.
    From the last 4 quarters (US$'000)

    $39,757 Revenue (Assume this is all from liquidty desk and sale of mined coins)
    ($35,132) Purchase of coins for Liquidity desk (subtract all)
    ($2,218) Cost of mined coins (subtract all)

    This leaves us $2,407,000 , but now the hard part is to determine which parts of the overheads and staff costs belong to the liquidity desk.

    ($1,393) Staff costs, I assume at least half of this is Airpocket developers etc (subtract half $697)
    ($108) Advertising, be conservative and assume all was for liquidity desk (subtract all)
    ($684) Admin costs, be conservate and assume most was for liquidity desk (subtract $600)
    ($736) Fee's, be conservate and assume most was for liquidity desk (subtract $700)

    Assumeing all other smaller items are one off's or not related to the Liquidity Desk.

    This leaves us with US$302,000 Profit from the Liquidity Desk as a sole entity (Assuming the mining component is just break even).

    Now its stated the revenues have been growing every quarter and increaed 185% from the last quarter. To me this seems to have a lot of potential in its own right. What would the market cap be if they were to drop Airpocket right now and focus on the liquidity desk alone?
 
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