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Posted On: 06/22/2017 6:39:04 PM
Post# of 162
NetworkNewsBreaks – Moxian (NASDAQ: MOXC) Aims for $25M Revenues in 2018, Leverages High Gross Margin and Existing SME Customer Base in China’s O2O Market
Investors will find a high-risk/high-reward opportunity in China’s online-to-offline (O2O) marketplace through Moxian, Inc. (NASDAQ: MOXC), a development-stage company currently executing a marketing strategy of converting its two O2O platforms from unpaid to paid. Based in Shenzhen, China, Moxian has a gross margin of 77.4 percent, which is the second-highest among its significantly higher market cap competitors, according to a SeeThruEquity research report (http://nnw.fm/dee5W).
“SeeThruEquity notes that MOXC believes it can achieve a revenue total of $25 million in 2018. The company anticipates revenue of $11 million in 2017. Key to achieving its profit goals is MOXC’s high profit margins from its own sales and mobile advertising, as the company believes it would realize lower margins from third party transactions.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Investors will find a high-risk/high-reward opportunity in China’s online-to-offline (O2O) marketplace through Moxian, Inc. (NASDAQ: MOXC), a development-stage company currently executing a marketing strategy of converting its two O2O platforms from unpaid to paid. Based in Shenzhen, China, Moxian has a gross margin of 77.4 percent, which is the second-highest among its significantly higher market cap competitors, according to a SeeThruEquity research report (http://nnw.fm/dee5W).
“SeeThruEquity notes that MOXC believes it can achieve a revenue total of $25 million in 2018. The company anticipates revenue of $11 million in 2017. Key to achieving its profit goals is MOXC’s high profit margins from its own sales and mobile advertising, as the company believes it would realize lower margins from third party transactions.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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