GCN 0.00% 0.7¢ goconnect limited

the wifi experience, page-81

  1. 1,730 Posts.
    "So here's hoping that they have learned something since 2000, because GCN sure need the revenue from the current free WiFi system."



    Revenue
    2000 $112,915
    2001 $409,166
    2002 $808,434
    2003 $806,794
    2004 $777,485
    2005 $680,919
    2006 $556,254
    2007 $496,946
    2008 $451,776
    2009 $398,698
    2010 $276,238
    2011 $336,004

    Expense(loss)
    2000 ($5,704,444)
    2001 ($13,923,887)
    2002 ($3,859,829)
    2003 ($2,350,311)
    2004 ($1,839,795)
    2005 ($1,647,758)
    2006 ($1,768,683)
    2007 ($1,972,508)
    2008 ($2,029,793)
    2009 ($1,619,394
    2010 ($1,572,660)
    2011 ($3,440,998)

    12 years of substantial higher costs than revenue. Revenue includes R&D tax offset rebate that was mostly over $200,000 per year, which puts further doubt on ability to generate revenue.

 
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