New Model Here
This was a quick and dirty – easy update.
- Raised Subscriber Estimate as I think less churn will happen with this new plan
- Lowered ARPU for Sub based on keeping $9.95 Price Point
- Help Non-Subscription Revenue to Previous Guidance $4-6 a month
- Hog Killing drops Utilization dropped to 1.1 – or 13 Movies per year on average.
New Model shows:
- Breakeven Gross Margin EOY
- Revenue at $75 Million Quarterly or $350M Run Rate by EOY
Any other company with these numbers would be a buy at HMNY’s Market cap. But we all know this thing is “special” in a BAD WAY.
NO MORE THAN 2 %. — Say it with me!! NO MORE THAN 2%!!