However the Jan qtrly shows 120 partner schools, and 30,000 paying accounts.
My take is, I am assuming the paying accounts this qtr should be higher as schools who have purchased the product then have the child download the app and become a paying subscriber.
Potentially, not sure, if the number is included and say a school buys 150-100 licenses then subscriber numbers could be double with the amount of partner schools they have signed up.
I also think if they have signed a mandated school they hopefully would have paid this qtr, for this year. So revenue numbers collected this qtr from schools could be $2-3M, if avg collection is $15,000 (low side I think). Then you could add on revenues from subscriber seperate to schools and international telco.
That’s my take on it all...
However what can you see in the last 12months is growing subscriber base with further deals to strengthen their revenue potential. Cheap market cap, cash in the bank. Happy days. The Alcatel deal and the MD interview should give people confidence as that is the other party talking about global expansion, not FZO.
FZO Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held
