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Say you paid out 60% of your gross revenue that leaves 40%
Your operating expense (mainstream merchant account costs of 3%) will eat maybe 13% and post income tax (?) what is left of that 27%? Then multiply that verrry ifffy net profit by .65 and you are close.
(.27*.65)*.75
.131625
* assumed tax rate of 25%
A paper napkin projection of net revenue -- can your business plan survive on half of that?
Don't forget you will have to amortize any development expense.
So how many millions do you need to do?
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