Moxian, Inc. (NASDAQ: MOXC) Sales Projected To Rea
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Posted On: 03/27/2017 4:28:48 PM
Moxian, Inc. (NASDAQ: MOXC) Sales Projected To Reach $62 Million in FY 2020 by SeeThruEquity Report
Moxian, Inc. (NASDAQ: MOXC) is poised to generate sales of greater than $62 million and a gross profit of more than $39 million in FY 2020, according to the SeeThruEquity research report on the company (http://nnw.fm/T6Aj4). Moxian is a China-based high-technology marketing company which has offered a beta no-charge platform in China’s large online-to-offline (O2O) market, a marketplace anticipated to grow to $48 billion in 1H2017, according to Moxian investor materials.
In the O2O market, online consumers are attracted to brick and mortar stores through various incentives. Moxian is expected to launch its paid Moxian+ platform this year. To the 75 million small- and medium-sized businesses in China, Moxian will offer its premium services for a fee. Services on its Moxian+ Business App would include access to analytics, hosting of online shops, targeted marketing, and the ability to host social sites with consumers. In its analysis of Moxian, SeeThruEquity reported that the company could achieve, in FY 2020, an estimated margin of almost 64% and a gross profit of $39.9 million on revenues of $62.5 million.
According to a 2015 study by China’s Ministry of Industry and Technology, China is the world’s largest mobile telephone marketplace, with 1.3 billion mobile users. Moxian will also offer its Moxian+ User App to individual consumers.
Paid premium subscriptions are key to Moxian’s future. The annual fees the company receives from each premium subscription ranges from $1,200-$2,000 annually. Additionally, Moxian would receive fees from every transaction and mobile advertisements, plus OEM and retail distribution license fees. SeeThruEquity has set a price of $4.50 per share for Moxian, based on the size of the O2O marketplace in China and Moxian’s aggressive plans for expansion. The company is currently based in Shenzhen, China, but is expanding into other metropolitan markets, such as Shanghai and Guangzhou.
SeeThruEquity noted that Moxian was uplisted to the Nasdaq Capital Market last year, after raising, in November 2016, some $8.5 million net in a public equity offering. However, the report noted that the company would require access to additional capital funding to finance its plans to expand and add more sales staff to sell the paid app. The company has plans to expand its sales staff to some 100 persons by the end of 2017.
For more information, refer to www.Moxian.com
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Moxian, Inc. (NASDAQ: MOXC) is poised to generate sales of greater than $62 million and a gross profit of more than $39 million in FY 2020, according to the SeeThruEquity research report on the company (http://nnw.fm/T6Aj4). Moxian is a China-based high-technology marketing company which has offered a beta no-charge platform in China’s large online-to-offline (O2O) market, a marketplace anticipated to grow to $48 billion in 1H2017, according to Moxian investor materials.
In the O2O market, online consumers are attracted to brick and mortar stores through various incentives. Moxian is expected to launch its paid Moxian+ platform this year. To the 75 million small- and medium-sized businesses in China, Moxian will offer its premium services for a fee. Services on its Moxian+ Business App would include access to analytics, hosting of online shops, targeted marketing, and the ability to host social sites with consumers. In its analysis of Moxian, SeeThruEquity reported that the company could achieve, in FY 2020, an estimated margin of almost 64% and a gross profit of $39.9 million on revenues of $62.5 million.
According to a 2015 study by China’s Ministry of Industry and Technology, China is the world’s largest mobile telephone marketplace, with 1.3 billion mobile users. Moxian will also offer its Moxian+ User App to individual consumers.
Paid premium subscriptions are key to Moxian’s future. The annual fees the company receives from each premium subscription ranges from $1,200-$2,000 annually. Additionally, Moxian would receive fees from every transaction and mobile advertisements, plus OEM and retail distribution license fees. SeeThruEquity has set a price of $4.50 per share for Moxian, based on the size of the O2O marketplace in China and Moxian’s aggressive plans for expansion. The company is currently based in Shenzhen, China, but is expanding into other metropolitan markets, such as Shanghai and Guangzhou.
SeeThruEquity noted that Moxian was uplisted to the Nasdaq Capital Market last year, after raising, in November 2016, some $8.5 million net in a public equity offering. However, the report noted that the company would require access to additional capital funding to finance its plans to expand and add more sales staff to sell the paid app. The company has plans to expand its sales staff to some 100 persons by the end of 2017.
For more information, refer to www.Moxian.com
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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