Originally Posted by
trader_jackson
I'm not quite sure what they mean by "20% volume", in terms of number of orders perhaps?
Looking over the financial statements, TheMarket revenue (half year on half year) grew from $29.3m to $33.0m - an increase of 12.6%, but operating losses grew 30.4% (from $9.2m to $12.0m)... if these sorts of growth in operating losses continues, TheMarket looks like it will lose close to $30m this year (it was $20.7m last year)... and if Winner says FY NPAT is around $80m, $30m is alot to be 'gambling away' at TheMarket... ie NPAT could be $110m without TheMarket, and this would be a big jump on winner's $80m estimate.