Hi Valueadd,
Here's what has taken place over the past year in terms of revenue generated per quarter.
Receipts from customers for the March 2017 quarter came in at $248,000.
Receipts from customers for the June 2017 quarter came in at $326,000.
Receipts from customers for the September 2017 quarter came in at $331,000.
Receipts from customers for the December 2017 quarter have come in at $329,000.
Total = $1.234m in receipts for the year.
This revenue has been generated all pre full scale commercial rollouts via Peppermint’s Mobile Banking and Payments (MBS) platform.
$1.234m / 12 months = $102,833 per month.
Cash burn approximately = $150,000 per month.
If you refer to page 5 of the 2017 Annual Report, the company highlighted this...
"Transactions via Peppermint’s Mobile Banking and Payments (MBS) platform reached 21.5 million during the year as the number of registered users increased 52.7% from 155,248 to 237,054."
https://hotcopper.com.au/threads/an...olders.3653748/?post_id=26902758#.WoDpK-hubIU
So maybe a little over 21.5m transactions have generated $1.234m in revenue as Annual Report was out in August 2017 and this revenue figure was the sum of all four quarters. Perhaps it's somewhere between 237,054-250,000 registered users now. This is all pre-full scale commercial rollouts remember. What could revenue look like once commercial scale rollouts begin? For that we'll have to wait and see.
The company have a target of consolidated revenue of $50 million dollars over the next 4 years.
Hope this helps.
Tony
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