DSE 1.35% $4.51 dropsuite limited

On the basis that Dropsuite had 42,000 users in December. We...

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    On the basis that Dropsuite had 42,000 users in December. We could throw a rough estimate up there at around 65,000 users based on there user growth chart.

    65,000 users @ $3 per month = $195,000 per month or 2.3 million per year.

    Obviously the hosting provider will be taking a cut, lets be generous and say drop suite take 70 percent.

    Annual Revenue would roughly be 1.6 million per annum

    Expenses

    4 x big wig salaries ( Charif, Udit, Judah, Ridley )
    13 x staff roughly

    Thats probably your annual revenue right there.

    Obviously there are swag more other expenses that need to be paid for somewhere amongst this ?

    Office rental, equipment and general utilities, then there is obviously the infrastructure that dropsuite runs on which i would imagine is not cheap....

    Look forward to seeing the accounts, unfortunately we wont get to see these until it re-lists..
 
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