← Partners
// ECONOMICS
The math, line by line.
Per-station P&L. Three scenarios. Hardware CAPEX, operating costs, partner revenue share, payback and IRR.
Conservative
Net / mo / station
$274
Payback
26 mo
IRR
14%
BaseBase case
Net / mo / station
$661
Payback
18 mo
IRR
22%
Upside
Net / mo / station
$1,418
Payback
12 mo
IRR
38%
// PER-STATION P&L
Per station, per month.
| Line item | Conservative | Base | Upside |
|---|---|---|---|
| Rentals / day per station | 8 | 14 | 22 |
| Avg rental | $1.90 | $2.40 | $3.20 |
| Network revenue / mo | $456 | $1,008 | $2,112 |
| Partner share (70%) | $319 | $706 | $1,478 |
| Maintenance / mo | $45 | $45 | $60 |
| Net / mo / station | $274 | $661 | $1,418 |
| Hardware CAPEX (avg) | $1,800 | $1,800 | $1,800 |
| Payback period | 26 mo | 18 mo | 12 mo |
| Annualized IRR | 14% | 22% | 38% |
// SENSITIVITY
What moves IRR most.
Rental volume × avg rental price → IRR. Base-case multiplier = 1.0.
70% volume
80% price
8%
scenario
85% volume
90% price
15%
scenario
100% volume
100% price
22%
base case
115% volume
110% price
30%
scenario
130% volume
120% price
38%
scenario
Want the full model?
Detailed P&L, dataroom, scenario simulator. Apply to receive access.