Post by
Whythenot on May 13, 2021 9:19am
Per MD&A WeWrk Deal to add $2mln to total 2022
According bbg the the MD&A, page 5, first paragraph: Arht has signed a revenue sharing agreement with WeWork and expect the initial 16 locations to deliver a $2mln contribution to our total 2022 revenue.
Comment by
Whythenot on May 13, 2021 9:20am
Wow. Fingers don't want to work. According to the*
Comment by
Whythenot on May 13, 2021 9:26am
So if Arht makes $4mln 2022 and adds $2mln that's the break even if $6mln needed.
Comment by
SunsetGrill on May 13, 2021 9:23am
I have not seen this earning release "hit the wire" yet - cant find it on any service. WhyTK- any mention of the rollout costs to generate that 2 mill? Hate to be a realist but - do you think others will have a competive product by end of 2022?
Comment by
WinterBaron on May 13, 2021 10:32am
Wonder if the suggested near term 100 locations becomes a straight line revenue contribution of $12.5 Million or there are economies achieved as the number of locations increase? Regardless, it's helpful to know the general size of the ballpark. I.e. 16 locations = 2 Million = positive step toward the majors.
Comment by
WinterBaron on May 13, 2021 10:33am
Wonder if the suggested near term 100 locations becomes a straight line revenue contribution of $12.5 Million or there are economies achieved as the number of locations increase? Regardless, it@s helpful to know the general size of the ballpark. I.e.@ 16 locations =@2 Million = positive step toward the majors.