Paul Jeffrey
Premium
This thread is for the general discussion of the item Fanatec Podium Wheelbase DD2 Direct Drive Wheelbase. Please add to the discussion here.
The motor itself wasn't that bad. About 275€ shipped and after customs.Retail on these industrial motors is pretty high. Then you need to design and build controller, software, FW. I do not think it's that unreasonable considering the price of the components and RD.
@TedBrosby- , you built SC1 recently with much cheaper Mige motor, how much materials ran you?
I remember my DIY OSW based on Argon from US builder ran me a pretty penny, more than SC1 Pro in fact.
And I assume that EU made motor they use in SC2 is quite a bit more expensive than Chinese Mige.The motor itself wasn't that bad. About 275€ shipped and after customs.
Marginal cost of the display itself is not that much; display control is probably integrated, so BOM largely unaffected. Firmware and support assume OLED presence; defunctioning wheel base would add costs.What I would like to see
Year on year Endor AG grew revenues 75.92% from 20.37m to 35.83m while net income improved 244.13% from 912.27k to 3.14m. They are 2018/2019 reports. Not sure where that 600k revenue figure came from but it's clearly wrong. You can't even pay 70 employees with such low revenue.Agree, here's some financial info on them. 70 employees, 600K EUR revenue.
Endor AG, E2N:MUN profile - FT.com
Endor AG (E2N:MUN) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more.markets.ft.com
Agreed, laughed my ass off when Steve first showed me the video. Pure entertainment. Loving it.Good humor and story line
It says the data from January 2021 negative 1.2mn income. Not like I invented these numbers.Year on year Endor AG grew revenues 75.92% from 20.37m to 35.83m while net income improved 244.13% from 912.27k to 3.14m. They are 2018/2019 reports. Not sure where that 600k revenue figure came from but it's clearly wrong. You can't even pay 70 employees with such low revenue.
You're right.And I assume that EU made motor they use in SC2 is quite a bit more expensive than Chinese Mige.
I remember Kollmorgen and Lenze were crazy expensive.
It says the data from January 2021 negative 1.2mn income. Not like I invented these numbers.
Only people who have problems post it. So you end up getting a really distorted view about a device.Jeez, that was like an extended advert! No mention of the several well known issues/flaws with this wheel. I've seen some popular youtube channels shill but this was next level.
I'm guessing you were told you can keep the wheel? or you are hoping they will let you after this "review"
Different metrics.The company seems to be in good shape, Q3 sales 24,6me and last years EBIT nearly seven million in profit. Nice stock price increase too for this year!
E2NG.MU - | Stock Price & Latest News | Reuters
Get Endor AG (E2NG.MU) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investmentswww.reuters.com
The sales for 2020 must be close to 100me then and that is without VAT. If an average racing set from Fanatec is around 500e VAT 0%, they sell something like 200000 units. It's not millions, but it's actually quite a lot - no wonder there are so many lost people at their forum.
Different metrics.
Market capitalization is 224mn, but still Revenue (TTM) is 602K, Net Income (TTM) is -1.19mn, and 70 employees.
Is it fake data? I could only see stock price from your link.
Endor AG, E2N:MUN profile - FT.com
Endor AG (E2N:MUN) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more.markets.ft.com
I know where you read them from but there is clearly an anomaly in those figures. I don't subscribe to FT so can't see the breakdown that might explain it but that landing page also has the paragraph I pasted which you seem happy to ignore. No agenda here - just stating the obvious - they obviously don't have a 12 month revenue of 600k. That's only 400 DD2s.It says the data from January 2021 negative 1.2mn income. Not like I invented these numbers.
Agreed, so please let's close that discussion and get back to the thread topic.Gees, what has the discussion of Fanatec financials anything to do with this thread?
This wasn't sponsored or an advert. I asked if I could try one. They said yes. Hell, we don't even have an affiliate link.
I haven't had any failing parts, any issues with drivers or knocks so i'm not sure how I am meant to report on that stuff I haven't experienced.
I have no issue with your explanation,When you end up with Fanboys who make excuses, your going to get haters next.
I think the issue is that Fanatec's marketing/image has worn on some people. The truth of the matter is, lots of people watch "review" videos and think, gee, it would be nice if they sent me something for review. Fanatec has chosen to take advantage of the situation and send out products to these "reviewers" that a lot of new sim racers watch when they buy their gear. Problem is, at least a chunk if not most of these "reviewers" want to carry favor with Fanatec and don't share criticism, for one reason or another. Yes, wanting to get another product sent to you influances your review, especially if this is not really something that happens to you. There are plenty of us that have been around and seen the issues that Fanatec continues to push off and that certain people seem inclined to make excuses for. Some of us, perceive this as bad faith and are annoyed by it. It is not unique to Fanatec but they are obviously the worst offender in this market. Look at their own site, it is currently full of people who ordered products last year that still have not had anything shipped or any notice other then the money coming out of their account, and this is not a new problem for them. Some people want everyone to chill since they went on vacation, but there is no mention of that anywhere from them. They released the DDs with lots of bugs and did not even have the software package ready for it at launch. We're well over a year after these have been out and they still have a bug that prevents you from using a feature of the product. But people make excuses for them or don't mention it in "reviews". These issues go back a long time.
When you end up with Fanboys who make excuses, your going to get haters next. Problem for Fanatec is, the haters have a point or multiple points.