SFLMaven Annual Revenue - As At March 25, 2022
Post# of 6908
Latest update for Week 12 ending March 24, 2022
Previous Total Weeks 1-11: $3.025M
Revenue This Week 12: $0.283M
2022 Total Weeks 1-12: $3.308M
Note 1: Above totals derived by adding the weekly sales figures given by the company via Twitter each Friday. Totals in PRs put together by their media relations firm - and those that eventually appear in filings - may differ slightly.
Note 2: The majority of the revenue comes in each Thursday when the weekly auction ends.
Note 3: Estate items sold on eBay for 18 years - est June 2003 - revenue is limited only by the inventory available each week. This has been clearly demonstrated several times when desirable items were bought ahead of the auction eg "Buy It Now" sales August 1-4, 2021 were $51,696 and March 4-9 were $61,056 including a $35,000 item.
Note 4: 2021 Total Revenue: $10.241M.
Note 5: Increased cash from Public Offering = increased inventory = increased revenue over the past 6 weeks of $298K + $319K + $256K + $362K + $355K + $283K = $1.873M - average over $310K per week more compared to a norm of $200K > $230K per week in 2021.
Note 6: March 2021 so far with one auction to go: $1.256M.
Note 7: Pro-rata estimate for 2022 revenue - based on sales in Weeks 1-12 and not including the anticipated additional new revenue streams from the Metaverse Division, the NFT Division or acquired collectibles companies - 52/12 x $3.308M = $14.335M.
https://www.ebay.com/sch/i.html?_sofindtype=0...=1&rt=
https://www.1stdibs.com/more-from-seller/jewe...Pk=j_23032
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