Post by
PendleStock on May 18, 2023 12:26pm
DMEVS subscription SERVICE
By the end of 2022, around 110,000 new electric-battery vehicles were registered in British Columbia province,where DM EVS IS.
With approximately 30,000 new registrations occurring throughout the year. If DM successfully convinces 3000 EV drivers to subscribe and pay a monthly fee of $20, they will generate $60k through subscriptions alone. Considering the number of vehicles is growing,that number could grow as the year ages
Comment by
Kazam1961 on May 18, 2023 1:30pm
I don't mean to be pessimistic but, 60k a month, $720/ yr is nothing that will get investors excited about... this company needs to be generating millions in order to attract new investors...glta
Comment by
Forge24 on May 18, 2023 1:37pm
That would be purely subscription revenue, so total revenues would be higher and would include revenues from stationary chargers as well as non-subscription service calls, special events, etc. If you don't mean to be pessimistic you could use a hypothetical with higher than 3000 subscribers as well. we will see
Comment by
Kazam1961 on May 18, 2023 3:21pm
Hate to have to correct you… But I don't mean to pissamistic, .period . At 62 years old, I am fully capable of articulating my thoughts. I don't feel the need to check with everybody on this board before I post to make sure that it's grammatically to your liking. Once again, good luck to all.
Comment by
PendleStock on May 19, 2023 8:08am
I used 3000 since it's an easy percentage for DM to obtain. 2.7273% market share of 110k EV drivers is an easy target
Comment by
AmericanAkita on May 19, 2023 9:44am
Now! You're realizing this. Weren't you all positive at the beginning about this nonsense.
Comment by
PendleStock on May 19, 2023 8:04am
You disregard the fact that the number of EV is still increasing considerably and there is opportunity for growth. However, you are correct that Datametrex need to make millions of dollars to draw in more buzz investors .