Results 2022
We present the Draft Annual Accounts
Note: We will get 50% discount on the corporate tax based on the Patent box rule.
Note: Stock value is based on what we paid for it, not the earning potential.
FuntoPlay results 2022 to compare and discuss.
This company has one goal product (in 2 versions) and only 1 person working full-time.
They have also many strong competitors like Forza selling copies of their goal.
Still they managed to double the turnover in 2022.
Their sales income vs. product cost margins are very low, which means they probably sell mainly to distributors in Europe.
It makes the case for us to look at producing our own FuntoPlay version.
(See more info in Product development section.)
Preparing to milk the cow in 2023 - How can we make more money, on more products, faster?
We have been moving too slow and lost opportunities to grow faster by adding more products to our portfolio. This is especially true for the US market which is enormously rich due to a much higher price level for Soccer. It is time to be less afraid of only launching uniquely innovative products and instead be more aggressively pursue generic and copycat product offerings.
There will be more info about this in the product and market development sections.
There will be more info about this in the product and market development sections.
