Re: only $60,000 revenue
This is exactly the reason why AWEB should seriously consider releasing some financial figures to tell investor what's going on... The $60,000 revenue in 97 is no surprise as AWEB was a totally developmental stage company last year..... The first AWEB site - going once - only opened in November 97 so assuming the $60,000 represents 2 months of revenue from going once, then we can just do a bit of calculation to forecast the revenue for 98:
$60,000 / 2 x 12 = 360,000 (assuming no growth, a conservative approach)
This is only for one site, so let's calculate the revenue for the other sites...
allnet direct opened in February and allmonitormall in july, so
assuming same revenue per month,
revenue from allnetdirect = $30,000 x 11= $330,000
revenue from allmonitormall = $30,000 x 6 = $180,000
revenue from going once (above) = $360,000
total forecast revenue for 98 = $870,000
This is a pretty conservative approach as it takes no account of the revenue growth over time in each of the site. On the other hand, this is a safe approach because there is a good chunk of AWEB-alike companies out there so the competition factor could offset potential revenue growth. |
