RE: RE: Dutch gambling market19 Sep 2021 12:02
Utilising the QMG content and MOS delivery platform this service is expected to add additional revenue to the MOS business in the first year of some US$140,000 (£100,000) and to grow significantly thereafter.
So initial Company estimates appear to be $140K revenue per year based on approximately 1000 subscriptions. (First month)
Subscriptions increase by 250% to over 3500 which now generates $500K revenue per year.
These numbers for the first 2 months clearly show growth and initial demand, and more importantly, growing revenue.
Hence the increase in Mcap.
For those invested, what we hope for is continued uptake in Mexico which should logically underline the SP at this level or even rerate it further.
And of course the hope for equally impressive uptake in Argentina and Netherlands.
Those not invested will point out figures aren't guaranteed in other territories, or Mexico will tail off, or numbers can't be trusted.
Valid points perhaps.
But with 1 successful launch under their belt, 2 more territories announced, perfect timing regarding Netherlands and their change of laws, I think this is now a very compelling turnaround story, maybe even one of the best on AIM right now.