Here's some simple math for you. Everytime someone purchases...

Here's some simple math for you.

Everytime someone purchases anything with the Douugh Mastercard, Douugh receives .77% of that purchase.

Let's say conservatively they can get 200,000 customers in the US in a year (it's a large market and 10,000 people have signed up to the launch in Australia) then that is 200,000 multiplied by an average spend of let's say 50 dollars a day, 365 days a year at .077% revenue. That's 28 million easy in revenue. They'll be growing in both Australia and the US within the next few months alone and nothing is stopping them from moving to other countries too.

If you look at CBA trading 16 times revenue, you could guess 448 million market cap in the first year easily. That's twice the current share price and then some and this isn't even taking into account the cashback rewards program, software subs or ETF they're planning to launch. Sure they don't have those numbers now but if you're trading based on what a company is doing now rather than the profits they'll potentially make in the future, you'll never make money.