I agree. There is too much ambiguity in their reported figures.
Some posters are saying the 30,000 subscriber figure is inclusive of mandated school families but then it was just suggested by someone else that the $3m recurring revenue was made up of the 30,000 current subscribers as well as other sources such as the NZ acquisition and then the $4m in contracted revenue is in addition to that from schools and therefore those subscribers are yet to start paying and that would mean tbey are not actually part of the 30k?
Its concerning there are such differing views on here about these figures. I would like the company to spell all this out a lot more clearly. I'll try emailing management next week and seek some clarity.
If it all adds up I'm pretty keen on the concept and the take up rate by schools looks impressive. I'd just like more firm info on average total package figures per school.