9sp all quiet in here. Hello there !!, page-4

Currently 9SP receipts are going up 30% quarter on quarter $1.4m 4C reported in Sep as compared to $1.8m reported in Dec with outflows steady at $5.4m. However, 9SP requires a 300% increase in profit from current receipts to be cash flow positive.

That means if 9SP keep growing at 30% Q on Q and they keep their outflows steady they may be cash flow positive by either Dec or Mar quarterly.

Amazingly, If 9SP grows at that rate (30% in receipts Q on Q) with circa $12m in the bank as of the December 2017 quarterly 9SP could get through to cash flow positive with the current amount they have in the bank.

On previous accounts 9SP would require 110,000 users to reach $5.4m in revenue. If 9SP obtain 1000 new users every 5 days it would take 75 lots of 5 days from the Jan quarterly to obtain that number or around Jan 2019. That also assumes 9SP is going to keep making the same amount of profit per user or more as it previously has.

9SP achieved the total number of 34,000 users in the December quarter which means 9SP will likely need to have 44,000 users by the March quarterly to obtain the trajectory of 30% Q on Q growth and to avoid a future capital raise before being achieving cash flow positive.