VIV 0.00% 2.5¢ vivid technology limited

I assumed that the 70-75% conversion rate is much the same year...

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  1. 729 Posts.
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    I assumed that the 70-75% conversion rate is much the same year on year, so counted 30% of last years orders to get different numbers from yourself. Given that last year was a bit of a breakout in terms of revenue I ignored any orders carried over from the prior year and made the assumption that  

    Revenue from orders carried over into 2019 from 2018 = 0.3 x 7.3 / 0.7 = $3.1m

    Then revenue from orders in 2019 (recognised in 2019) = $7.3m - $12m

    Other revenue I kept at $1m

    Giving total revenue for 2019 in the range 11m - 16m (in round figures)

    That gives revenue growth between 30% and 90%

    All IMO and DYOR


 
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