TSXV:POI.H - Post by User
Post by
lscfaon Feb 20, 2015 3:46pm
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Post# 23449521
SnipSnap
SnipSnap"Launched in 2012, SnipSnap (which is based in Philadelphia) has grown to over four million users, who have snipped over 100 million coupons. The typical active user saves $40 per month."
Assume 500,000 users are active. Then they save $480 each per year or $240 million per year. If SnipSnap is getting a 1/2% service fee using the app that's $12 million/yr in revenue.
Read more at https://www.stockhouse.com/news/press-releases/2015/01/29/slyce-inc-acquires-leading-mobile-couponing-app-snipsnap#9WTRHMGTurbKlARc.99