Once again, TV continues to increase, up 20% on the previous quarter.
TV for the 9 months up to September 30th
2022, comes to
$14.6 million. Total TV for the calendar year
2021 was
$13.57 million.W2V has beaten last year's TV with
3 months still to go.W2V is growing.If TV in the next quarter increases again, as we've seen in the past, W2V could be on track to hit over $21 million in TV. That would be an increase of 60% or more on 2021.
If something is growing at the same pace every year, it's experiencing exponential growth. That's what W2V is doing, at least for now.
The greatest shortcoming of the human race is our inability to understand the
exponential growth function. The funny thing about exponential growth is
nothing happens for a very long time, until the growth turns parabolic & it becomes a snowball effect.
Albert Bartlett: On message about exponential growth to the end - ResilienceExponential Growth: a Commonsense Explanation. - YouTubeEarth's human population is a fine example of exponential growth. The population didn't move for thousands of years, until the 1900's when it turned parabolic.
The TV for W2V has been growing at a double-digit percentage for a few years now, that's exponential growth. Can it continue is the question. Customer retention remains at 97% with more customers continuing to sign up all the time & more product lines coming. It's only a matter of time.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Quarterly Activities / Appendix 4C Cash Flow Report, 64448785, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading ForumPopulation: the numbers | Population Matters
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