Thanks, I did think about this... but I concluded it's not very useful given that Genda's US locations are "mini-locations" which are usually unmanned sites versus Round one's locations which are more full blown Arcades. So there is a structural difference in size per location.
I do think its useful in terms of figuring out profitability though. This backed by the fact they've seen a very strong IRR on their minilocations - Payback period was like 9 months or something like that.
On the PMI of NEN I'm not sure if you checked the thread in the Chat app - I've added some colour there which also backs some of what I mentioned above :)
Do you know how RoundOne's sales per store in US compares to Genda's JP stores? Could be a way to see how much PMI Genda can achieve
Thanks, I did think about this... but I concluded it's not very useful given that Genda's US locations are "mini-locations" which are usually unmanned sites versus Round one's locations which are more full blown Arcades. So there is a structural difference in size per location.
I do think its useful in terms of figuring out profitability though. This backed by the fact they've seen a very strong IRR on their minilocations - Payback period was like 9 months or something like that.
On the PMI of NEN I'm not sure if you checked the thread in the Chat app - I've added some colour there which also backs some of what I mentioned above :)
I will have a look, thank you!