The 5 Million 4K TV owners is a curious # to use i
Post# of 96879
headline of the PR>
http://www.marketwatch.com/story/five-million...=bigcharts
The latest evidence shows there is currently
about 9,380,754 > 4K TV owners in the
in the USA alone. So maybe NTEK is figuring
Ultraflix is only LIVE on a little over 1/2 of them
right now with that 5 Million number. In any case
it shows the tremendous UPSIDE potential
for market penetration UF still has ahead.
34% of USA homes will have 4K TV by 2019 > Total of
http://www.multichannel.com/news/content/one-...ihs/395908
http://www.nmhc.org/Content.aspx?id=4708#Rent_and_Own
Total of 117,259,427 Homes renter owner occupied.
34% of 117,259,427 = 39,806,205 in 2019 < note this
is a 'conservative' number because there will be
household growth from now till 2019 as well
If NTEK captures just 10% of those 4K TV owners
as UF average monthly users @ $5 a month would
be 3,980,620 Homes X $5 = $19,903,100 X 12 =
$$$ 238,846,920 $$$ ANNUAL REVENUES in 2019.
Now that's just the USA which currently comprises
77% of UF users worldwide. So we have to add
another 23% to the $238,846,920 annual revenues
for $54,934,791 which = $$$ 293,781,711 $$$
ANNUAL REVENUES 2019
https://twitter.com/UHD4k/status/676532067753140224
Right now only about 8% of USA Homes have a
4K TV or about 9,380,754.
Currently UF has aprox 400,000 users with 77% being
USA = about 308,000 which is about 3% penetration of
the USA 4K TV market. As NTEK gets UF on more
platforms in 2016 and awareness of UF continually
grows as each month goes by with more content added to
UF to make it more attractive, UF should be able
to reach 10% penetration of 4K TV market by 2019
and achieve the ANNUAL REVENUES of >
> $$$ 293,781,711 $$$
Obviously IF NTEK were to capture more than
10% penetration or get close to $10 a month
per average user the annual revenue numbers
would go much higher.
Currently NTEK mkt cap is $7,800,000 with
1.613B O/S @ .0048