This is what $480m market cap gets you:
- Latest 4c quarterly documentation:
1) -$1.8m loss
2) $7m cash in the bank
- Latest Full Year report
1) $1.6m revenue
2) $1.1m gross profit
3) -$22.6m operating expenses
4) Net loss for FY19: -$21.4m
5) $17.9m equity
Splitit partnered with Visa on 02/03/2020 - That pump lasted 2 days.
Eventually the stock dropped to 20c which is where fair value was accurated predicted and calculated here
What has changed since the last time SPT hit $500m market cap on pure hype when it was $2?
Traders like me had a lot of fun today, and likely will tomorrow as well.
Investors, prepare for a slaughter in the coming weeks/months as this heads back to 20-30c in a few weeks/months when the Buy Now Pay Later (BNPL) sector cools off.
GLTAH
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