Why I believe in CIIX – Binary is Money
Revenue Expectations:
Subscription Revenue:
(-27% yoy) $552,327 in 2012, is expected to continue decreasing during the next fiscal year.
Worst case scenario (-50% yoy) $276,163.5 in 2013.
FOREX Revenue:
(-47% yoy) $29,324 in 2012, is expected to continue decreasing during the next fiscal year.
Worst case scenario (-66 % yoy) $10,000 in 2013.
Advertising Revenue:
(+81% yoy) $52,180 in 2012, is expected to increase again during this next annual period as they will roll out new service offerings including those related to IR (investor relations) and PR (public relations) services.
Worst case scenario (+30 % yoy) $67,834 in 2013.
BINARY Revenue:
As this is a new service we only have data for Q3FY2012, Q4FY2012 and the first 2 month for FY2013.
Revenue was $263,274 for Q3 and Q4FY2012 or $65,818.5 on average per month. For the first 2 month of FY2013 Binary Revenue was $145,000 or $72,500 on average per month.
Worst case scenario (+5 % mom) $1,102,492.06 in 2013.
TOTAL Revenue:
The total revenue for FY2012 was $897,105 (+6% yoy).
If we sum up my (conservative) expectations Total Revenue for FY2013 should reach $1,456,489.56 (+62% yoy).
This is due to the introduction of the Binary products. This service launched only during the last 6 month of FY2012 already represented close to 30% of the Total Revenue for the whole fiscal year. Binary products will lead the company’s Revenue for the next fiscal year, representing more than 75% of their Revenue.
