Unit Economics Revalidation¶
Objective¶
Recalculate monthly cashflow for one server:
- 4x A100 80GB refurbished
- High-price purchase assumption: EUR 16,000 per GPU
- 4-year financing in colocation
Inputs¶
Revenue-side inputs¶
- Runtime basis:
730 h/month - GPUs:
4 - Utilization scenarios:
70%,80%,90% - Effective host rate scenarios:
- Conservative:
0.943 EUR/GPU-h(normalized) - Reference optimistic:
1.206 EUR/GPU-h(gross-parity shortcut) - Upside:
1.350 EUR/GPU-h
Cost-side inputs¶
- GPU CAPEX:
4 * 16,000 = 64,000 EUR - Server add-on:
10,000 EUR - Base principal:
74,000 EUR - Warranty add-on:
3,256 EUR - Financed principal:
77,256 EUR - Financing:
8% annual,48 months - Monthly financing payment:
1,886 EUR - Colo:
349 EUR/month - Maintenance reserve:
200 EUR/month - Insurance:
185 EUR/month - OPEX excl. finance:
734 EUR/month - Total monthly fixed load incl. finance:
2,620 EUR/month
Formulae¶
- Monthly revenue:
rate * 4 * 730 * utilization - Monthly net:
revenue - 734 - 1,886
Revalidated result table¶
| Scenario | Net @70% | Net @80% | Net @90% |
|---|---|---|---|
Conservative (0.943) |
-692 | -417 | -142 |
Reference optimistic (1.206) |
-155 | +197 | +549 |
Upside (1.350) |
+139 | +534 | +928 |
Break-even checks¶
- Break-even host rate at 80% utilization:
~1.122 EUR/GPU-h - Break-even utilization at
0.943:~95.1% - Break-even utilization at
1.206:~74.4%
Conclusion¶
This exact high-price concept is not robust under conservative normalization and only works with strong realized pricing and utilization discipline. Financing is possible, but only with strict contract and cash-reserve safeguards.