Share
2,848 Posts.
lightbulb Created with Sketch. 415
clock Created with Sketch.
12/04/18
11:11
Share
Originally posted by bells01
↑
Class B is $10M Annual revenue of which 30% is $3M recurring...
Class C $20M with $6M Recurring..
Not sure about you but those revenue numbers to me for a company at this market cap I would be happy with. They are within, 3yrs for B and 4yrs for C. I take the view that they have the potential to get those revenue numbers in 1-2 years, which management should be rewarded. Yes is Dilution, but to the guys who founded the company. They want skin in the game if they build a profitable company.
Good to see people taking an interest in the stock though...more eyes the better, so when they do deliver they should be rewarded. Market traction is there and if you speak to schools, parent, watch Sunrise Family Zone is gets a mention. this will roll to revenue in due course. Everyone is excited about Afterpay as they see if it every shop, why not Family Zone where they could be in the majority of schools in a year or 2....
Expand
As founders they should already have plenty of skin the game to motivate them. These low hurdle performance milestones concocted between the directors and management are more about skinning the retail holders post float and in the retail hype.