Member Info for Flowergarden

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.

I have listened carefully to two interviews by Gervais Williams of Premier Miton. Basically, they invest in firms that are generating cash or are on the cusp of generating alot of cash. He is consistent in the interviews for criteria of investing. Basically, he only invested in MODE because they are generating cash.

https://www.youtube.com/watch?v=QFzNKAzeH4k

Two thousand downloads so it is only 5% of users at the moment.

https://www.appbrain.com/dev/Fibermode+Limited/

Majority of 10 million in revenue is gathered in the last 3 months of this year, provided trading volume increases continue at over 100% per month.

I had hoped for the monthly update. Next week it looks like. We will get the revenue numbers at least with 2020 full year results. I am not expecting fireworks, far from it due to the low base of the business. This year, i am expecting £10million minimum in revenue mostly from BTC trading. top estimate is £25million in revenue. Tink is valued at more than 13x the market cap of MODE just now and they have turnover of 30million euro.

Q2 announcement with a couple of decent merchants will help. I have heard anything from 'lots' to '5 or 6' to '2' merchants signed up in the released media interviews. Let us see what happens.

I do not expect them to tell us the current user numbers but i still maintain they are at 60,000 ish just now. User numbers will sky rocket when open banking goes live IMO.

£2.50 ish

Welcome. Good price point. I am expecting a 250 million market cap in 18 months time.

Alot of buys. A few hundred grand in total

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
03-Mar-21 17:24:22 57.50 1,163,890 Unknown* 55.00 56.00 669.24k O

they tend not to reveal user numbers we know it is at the 60,000 ish mark with average balance of 7k. This is alot of funds in custody.

if it breaks 52k then 65k could be on the cards.

Let us see what happens, lol.

August or September 2021 we start hitting the £1million a month revenue mark by my guestimate of December 2020 having 200 users per day, trading £20 each. Then double it every month for the next 12 months.

Do you guys have a link to some good interviews with the CEO or related? Thinking about investing here.

https://modeapp.com/business/live-talk-the-rise-in-alternative-payments-a-remedy-for-boosting-sales-and-customer-retention?utm_campaign=recording&utm_medium=email&_hsmi=113717957&_hsenc=p2ANqtz-_Lx6qRY6d-n-i3s0hI3KOeDhCuqFXVgdqkOj2zTvu1B59kjaL_W6qOsYUMJ2o8B6Uw-m6tlfI7UVKrh1rSrPXO4lsOOw&utm_content=113717957&utm_source=hs_email

Plus it is disconnecting itself from BTC as it is looking like a cash drain to those not in the know....

Tech stocks being sold for cyclicals

Legal framework seems to be there for a BTC ISA, hopefully see that as an investment vehicle announced through the APP in Q2.

https://www.fca.org.uk/news/news-stories/investing-innovative-finance-isas

Worth noting there has been none since the fund raising last week. Still alot of shareholders with under 3% selling IMO.

We need financials and a BIG announcment to get it going. All we can do is wait. Could take 3 to 6 months before the big prize of a bag i think.