Profit forecasts25 Feb 2021 16:41
These are my own, and should not be relied on.
That said , they are conservative
HE 2021 TRD 🪨⛓ BLOCKCHAIN THREAD 🪨⛓ - TRD
Today, being the start of the new year I want to share my personal thoughts on the possible profits and growth rates of TRD over the next few years.
I will break it down into 2 camps.
The first consists of the traditional ongoing business.
The second, revenues from TRD�S partnership with Stratis. ( This is also split into implementation and BAAS profit )
The next reporting period is up to 31/03/21
Since the company broke even in the first half, and was upbeat about the second half, I will pencil in £500,000, all from the traditional business.
Total 2020/1 profits £500,000
Full year 21/22. £1.5M Traditional business : Growth rate of 200%
Full year 21/22 £ .5M Blockchain (50% BAAS). No previous income
Total 2021/22 profits £2M
Full year 22/23. £2.2M Traditional business : Growth rate 40%
Full year 22/23. £2.5M Blockchain (50% BAAS) : Growth rate 400%
Total 22/23 profits £4.7M
Full year 23/24. £3.M Traditional business. :Growth rate 35%
Full year 23/24. £10M. Blockchain (50% BAAS). : Growth rate 300%
Total 23/24 profits 13M