SFLMaven Annual Revenue - Weeks 1-19 Latest upd
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Posted On: 05/13/2022 2:16:57 PM
SFLMaven Annual Revenue - Weeks 1-19
Latest update for Week 19 ending May 12, 2022
Previous Total Weeks 1-18: $4.941M
Revenue This Week 19: $0.245M
2022 Total Weeks 1-19: $5.186M
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 almost 19 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, 2022 were $61,056 including a $35,000 item.
Note 4: 2021 Total Revenue: $10.001M.
Note 5: Increased cash from Public Offering = increased inventory = increased revenue over the past 13 weeks of $298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K + $273K + $253K + $229K + $245K = $3.751M - average $289K per week compared to an average of $192K per week in 2021. This additional [$289K - $192K] x 13 = $1.261M represents 50.5% growth so far in 2022 on top of 34.8% already achieved in 2021.
Note 6: Pro-rata estimate for 2022 revenue - based on sales in Weeks 1-19 and not including the anticipated additional new revenue streams from the Metaverse Division, the NFT Division, Bitcoin or acquired collectibles companies - 52/19 x $5.1861M = $14.2M.
Latest update for Week 19 ending May 12, 2022
Previous Total Weeks 1-18: $4.941M
Revenue This Week 19: $0.245M
2022 Total Weeks 1-19: $5.186M
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 almost 19 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, 2022 were $61,056 including a $35,000 item.
Note 4: 2021 Total Revenue: $10.001M.
Note 5: Increased cash from Public Offering = increased inventory = increased revenue over the past 13 weeks of $298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K + $273K + $253K + $229K + $245K = $3.751M - average $289K per week compared to an average of $192K per week in 2021. This additional [$289K - $192K] x 13 = $1.261M represents 50.5% growth so far in 2022 on top of 34.8% already achieved in 2021.
Note 6: Pro-rata estimate for 2022 revenue - based on sales in Weeks 1-19 and not including the anticipated additional new revenue streams from the Metaverse Division, the NFT Division, Bitcoin or acquired collectibles companies - 52/19 x $5.1861M = $14.2M.
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