I remember last quarter when many posters were talking 7 figure...

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jbr055

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02/01/24

13:57

Post #: 71692621
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Originally posted by conrad11 ↑

If they get paid monthly from the telcos I reckon about 3 mill banked by December. With an extra 2 mill to receive in January.
My back of the envelope conservative total.
Working up 6 months growing 100k extra sign ups per month.
Dropping 20pc customers per month.
Getting 20% of takings for the first month and working up to 40pc of takings by the third month in.
Assuming Telcos pay 20 days or so after month end.
Really rough estimate!
Then there is expenses on direct Google paid ads which was said to be decreasing.
Extra staff costs from more hires to ad.
Not including income from the other Avatar business.
Hopefully decidedly better that the previous quarter.

DYO spread sheet.

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I remember last quarter when many posters were talking 7 figure revenue based on subscribers..

THE REALITY -- ended up being..

And this was with 500,000 'subscribers'

The result was a FURTHER drop of 25% below the already 27% decline from the CR that was supposed to capitalise and compensate for the 50% loss from 5c+ the stock first enjoyed..

And this after posting a LOSS of 1.5 MILLION DOLLARS

The trend is your friend... facts before feelings peeps

Needs 7 figure revenue to even start to move the needle or big trouble..

GLTA DYOR IMHO

Last edited by jbr055: 02/01/24

UNT Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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