Post by
eKanameStock on Sep 10, 2021 4:54pm
How is EGP and UI doing this September?
Hey everyone,
So just a little pre update before I post my weekly report on Sunday. For the first 10 days of September. UI (29) and EGP (38) had 67 house Listings on Centris and that, only in the Area of Montreal.
According to https://www.urbanimmersive.com/investors/revenues only ~9% of UI's revenue comes from Quebec, so that gives you an idea on how it is performing in the other market.
An observation worth mentioning is that I see more and more listings from EGP including UI's virtual tour which proves the company's strategy to be working. That package is 250$ while the regular one wis 125$. Let's do a 50/50 average and put it at 188$ per listing.
The first 10 days = 38 listings completed x 188$ = 7,144$*3 = 21,432$ for september if we keep at that rate AND AGAIN... That's Montreal Area only and does not include all the other services they provide for their customers.
If I get it right with the Credit pricing, but a listing for UI, they would generate 50$ CAD..?
First 10 days = 29 listings completed x 50$ = 1,450$*3 = 4,350$ but that doesnt sound right for a full month...but again this is just for Montreal and Laval.
Let me know what y'all think, am I wrong somewhere, should I do things separately, also please vote on Reddit concerning the sample area taken.
https://www.reddit.com/r/StocksOnWatch/comments/plsex0/market_share_area_polling/?utm_source=share&utm_medium=web2x&context=3
If you do not have an account, vote below and if you think I should add more, let me know which bubbles I should add into consideration while sampling the data. (Quebec rarely has virtual listings btw)
Comment by
Torontojay on Sep 11, 2021 9:42am
Thank you ekaname. Keep up the good work! Im very happy to be a shareholder and I think this company has HUGE potential! The more I think about their latest results and how software revenue were 1% higher than last year is a very positive sign in a difficult market condition. I can only imagine what's going to happen when market sentiment turns in our favour.