Ariza: Cargamos brings in $1M monthly revenue with 28% gross margins
Ivan Ariza · Cargamos Does Last Mile Delivery in Mexico, Breaks $12m Revenue, Raising $30m Now · Dec 29, 2021 · at 6:50
Ivan Ariza, founder of Mexican logistics platform Cargamos, breaks down his company's unit economics and gross margins with Nathan Latka.
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“They are paying us right now, one million dollars. If we break in our unit economic, that number, we're going to see that our numbers, it's more or less in the gross margin. We are taking 28%.”
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“No, we don't buy. We leasing the real estate, but actually we make an approach like we work with their buildings with the landlord. So our approach is when we increase the package that leave the station, we're going to pay to the landlord. So we don't know, pa…”
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“Look, in Mexico, you usually need to pay six dollars to deliver a package from Mexico City to Mexico City.”
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“Yes, we are trying to break that number and we are hoping to do in December one, 1.2 million dollars per month.”
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“Last month we paid let me Maybe 60% of that number.”