Up until the merger with BYOjet DVI was struggling to gain market share with checkin.com.au.It takes a few years probably 4-5 to get to break even and find economies of scale.In the last year checkin.com.au did $3.7 million in Total transaction Value.Fast forward with the purchase of 54% of BYOjet and you have jumped to $87 million.Looking at competitor companies and their Total Transaction Value (TTV) and its effect on profit will give you an insight into what BYOjet is capable of if it takes market share.For instance on webjet I looked at over ten years of accounts doing analysis on the TTV,revenue and profit before tax.The break even TTV for webjet was about $75 million.As webjet added $50 million in TTV it added $2 million in Profit before tax.
With BYOjet adding the New Zealand and Singapore websites together with the roll out of Jetmax I can see a bright future for the company.But always DYOR
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