Clarocity Corp CLRYF

RE:RE:Record Proforma Sales

[Trelawny]

Trader129,
There is currently no way of knowing the profitability of the $3M/mth (actually more than $3M/month from last update).

One could guess that it is breakeven to moderately profitable at this rate - but this is without the companies being fully integrated. Further, the new products being software based margins would typically be in the 50% range.

As to how big this can grow - this is a massive market. First - the appraisals alone are a massive market. Then there is the data sales potential for asset managers with large portfolios of residential properties. Then there are the ancillary marketing and sales possibilities - such as Zillow and Trulia. 

The push is on to better "own" the household/homeowner lifecycle. This company has the only massive database of essentially every home in the US. They will know when and at what price a home has been sold - and the database in the relevant area is automatically updated.

For all intents and purpose - this will create a real-time ticker for every home in the US.

So this is big data play, with a proprietary database - that is maintained with registered appraisers - which creates a massively defensible moat around the ability to create the same offering.

Simply put, this is one of the largest addressable markets that you can think of:
1) Appraisal products for homes
2) Data for Real Estate asset managers.
3) The ability to provide access to the household lifecyle.

If you are new to the name, congrats - you didn't  have to go throug the pain and frustration of the last few years.

Your timing could, literally, not be better: The company is at an inflection point - all deals soon to close, money raised (company de-risked) and the shares are screamingly undervalued.

I hope this helps.

Best regards,

Trelawny