GREY:SNIOF - Post by User
Comment by
Polebrookon Jan 23, 2015 3:06pm
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Post# 23357094
RE:RE:RE:Sensio post a PROFIT for the quarter
RE:RE:RE:Sensio post a PROFIT for the quarterHedge, on Page 6 of the Management Discussion and Analysis they state "An active user is defined as a consumer registered to 3DGO and that rented at least one movie over a twelve months period". So signing up and renting at least one movie in a 12 month period is considered 'active'. If you have one drink a year, does that make you a frequent drinker? I stand by what I said. If a rental from 3DGo costs $5 for arguments sake and they got $13.3K in revenue in the last quarter, they saw about 2,660 downloads from 21.6K active users. So about 12% of active users are paying customers. If they have 50K active users and have the same attach rate of 12% and $5 per movie, then this equates to $30K/qtr. And that is gross and doesn't include the share that they have to give to the studio. At this rate they would need 10-20x the projected number of active users for this to start to be meaningful.