Page 13 - demo Golden pond document
P. 13
A2pay investment proposal 12
Primary Market Insights (PMI)
A 50% joint venture with a company that has expertise in the data and FMCG market is expected to take off as
more sites are roiled out nationally.
Earnings of approx. R10 million are expected in 2023 of which Golden Pond’s share is 50% and this is a first in
providing accurate Spaza transactional data.
Primary Market Insights Financial Highlights
2021 2022 2023
19 months Apr to Mar Apr to Mar
High tier customers 2 6 10
(R50,000 per month)
Low tier customers 10 20 30
(R25,000 per month)
Turnover R 2 300 000.00 R 6 925 000.00 R 13 777 000.00
Gross profit R 2 240 000.00 R 6 924 000.00 R 13 357 000.00
Overheads R 806 000.00 R 1 593 000.00 R 3 147 000.00
Net profit bef tax R 1 434 000.00 R 5 331 000.00 R 10 210 000.00
50% R 717 000.00 R 2 665 500.00 R 5 105 000.00
