RE: Anyone15 Aug 2020 14:18
@Global. Do the calcs..
The Business model makes it very simple unless I'm missing something.
My Euro sign doesn't work so Im using pounds again.
SYME minimum per cusotmer inventory £5m (That's minimum)
So far 368 Customers (Target was 300 by 2023)
£1,840,000,000 in inventory
96 are signed up and the official figure is £1.3bn in pounds, so we are being conservative @£5m per customer, many will be more as they already are.
6-8% of that is actual SYME revenue. Take the lower 6%
Revenue of £110,400,000 (6% of £1.8bn)
4% for investors providing capital
2% of the £1.8bn for SYME is Profit before deductions.
Give a 40% Profit margin
£36,800,000
Now that's taking minimum figures of whats on book already (6months business). Not including all future business (Abu Dhabi). The goal was 300 companies by 2023. Whats the new target? 100 PA, 300 PA?
A lot of unknowns but you can see the potential to make this one if the biggest market cap firms going. It's just a case of how many companies and how fast. With a minimum of £5m inventory. SYME is saying, its smallest revenue per customer is 6-8% of £5m. £300-400k in revenue per customer. He monetised £300m of Livestock. Do you have any idea of how much live stock there is in the world? That is just one small section of what is possible. Open your mind a bit wider and you'll see. Most businesses would RNS one £300k contract. SYME RNS's 96 and 272 in due diligence a few weeks back. How many companies will be in the next update at a bare minimum of £300k revenue to SYME?
I sold some EUA and ORPH to get in here when I researched it and saw it at 0.005-7 early last week. Tells you how much I believed in this idea as they are my big holds. SYME's growth this last week has now made it over 30% of my portfolio value from the original 10% weighting.
GLA