Member Info for Flowergarden

So a speeding ticket has been issued, there must be some big orders going on in the background to be honest....

lots of twitter activity....

More shareholders, so more dilution.....

@Jollifant - what is your X base then for December 2020?

Final year results for 2020 are due out anytime. These will be final and not preliminary. Expect some pretty poor numbers for revenue hence the very low base in my projection. My projection is based on 100% growth in trading volume each month. Q1 2021 had 316% which means if it stays over 100% for the next quarter i will need to readjust my projection upward.

the stock is pretty illiquid, which means the SP will ramp fast when figures start coming through. I expect over £10 million revenue for year end, mainly BTC trading revenue. They are doing 35k a month in revenue for April by my reckoning and that is doubling each month!

My previous post with revenue projections is below:

We do not have any revenues released. There is a reason for this and this is because they are pretty low. The big revenues come at the end of year if trading volumes continue to increase by 100%+ month after month.

The January 2021 RNS have described trading income as ‘modest’ at the end of the year. Taking a conservative 200 users a day, trading £20 each in December 2020. This gives us a daily revenue of £39 rounded down. Multiply by 30 days. This is £1,170 in December. Multiply by 130% trading increase in January and then 150% increase for February (which we know will be good) and then 100% month after month for the rest of the year, we get the following numbers excluding open banking and consulting revenues.

January - £2,691
February – £6,727.50
March – £13,455
April – £ 26,910
May – £53,820
June – £107,640
July – £215,280
August – £430,560
September – £861,120
October- £1,722,240
November – £3,444,480
December - £6,888,960

The prize is at the end of the year if high trading volumes continue. I hope I am wrong in the assumption of numbers for Dec 2020 but we need to be conservative. Introducing Ethereum and Cardano as cryptocurrencies would secure this projection but management has not taken the steps to do this. We are in the lap of BTC sentiment until open banking comes true.

If you look at my chat history, I have done a projection with a rationale

We do not have any revenues released. There is a reason for this and this is because they are pretty low. The big revenues come at the end of year if trading volumes continue to increase by 100%+ month after month.

The January 2021 RNS have described trading income as ‘modest’ at the end of the year. Taking a conservative 200 users a day, trading £20 each in December 2020. This gives us a daily revenue of £39 rounded down. Multiply by 30 days. This is £1,170 in December. Multiply by 130% trading increase in January and then 150% increase for February (which we know will be good) and then 100% month after month for the rest of the year, we get the following numbers excluding open banking and consulting revenues.

January - £2,691
February – £6,727.50
March – £13,455
April – £ 26,910
May – £53,820
June – £107,640
July – £215,280
August – £430,560
September – £861,120
October- £1,722,240
November – £3,444,480
December - £6,888,960

The prize is at the end of the year if high trading volumes continue. I hope I am wrong in the assumption of numbers for Dec 2020 but we need to be conservative. Introducing Ethereum and Cardano as cryptocurrencies would secure this projection but management has not taken the steps to do this. We are in the lap of BTC sentiment until open banking comes true.

We are heading to over £10 million in revenues this year. Tinks Market Cap is worth 680 Mill Euro with 30 mill Euro turnover and they do not even do crypto.

15 !!!! I should have bought more yesterday .......:-(

JR has made clear in a couple of interviews that user numbers will not be published. We are sitting at 70,000 - 80,000 just now due to an interview a couple of months ago that was retracted on proactive, in which JR said he had 50,000. We know before Android release downloads weré 4,000 a week or more and that rhetoric seems to have dialed down about iOS user numbers. As is said frequently, not all downloads translates into users.

True user growth will happen due to awareness of Open Banking but we could see the average account balance drop when that happens since these may not be inherent crypto users.

The BTC ISA that has been leaked as well as other investment vehicles could be interesting. Ether will help too.

SP growth depends on news which has been rotten for almost 3 months at least. That classic strategy of do nothing is what i am doing. Can only sit it out as it will fly when ready.

It could be related to his divorce.

When they put out an RNS with some numbers......

???? Sunday is a
good download day usually.

:-) A Sunday usually ends up a good day

Good point, in those circumstances it is a different kettle of fish.

Great update, cheers! 22, that is almost mind blowing !! The app going down is nothing unusual for crypto businesses. Demand is very high on these systems and despite the inconvenience we should welcome it as a sign of growth. At the AMA someone should ask what steps are being taken to improve the IT systems due to demand.

I did some calculations if you look at my chat history.

I expect Q4 to be the big revenue earner and about £10 million for the year end.

She finishes her probation in the next month or so.

They own 85 BTC.