$1 Club, page-13506

Just re-posting a post i made yesterday but there where too many hijackers here so thought will re-post this again to let the newcomers understand more about IOU and what we are about.

Current Annualised Revenue stands at over AUD$8mil p.a with business segments spanning Mobile Banking solutions + Digital Payments processing + BNPL (Buy Now Pay Later)

IOU's mobile banking business saw revenue rise by +85% as at Dec 2020 quarter end. This is just 1 part of IOU's overall business divisions - please see diagram below to see the different divisions.

Another business division is Prepaid inventories - and this is going to be a big part of IOU's digital payment business division - it already is an important and rapidly growing business segment for IOU.

This has been clearly articulated in the past quarterlies and company updates.

Specifically - there appears to be big expansion going on with Indonesia and IOU's digital payment business - refer to snippets from IOU report below about $1.5mil being allocated for prepaid digital payment inventories. Below details were the result of our last CR in November for only $10mil . What will they now allocate to prepaid inventories with upwards of nearly $60mil cash in bank !!??

We now just raised another $50mil plus $8.5mil cash on hand, giving IOU a company defining cash balance of $59mil to advance all aspects of its business in Mobile Banking, Digital Payments and soon to go live BNPL.

Just think the level of revenue growth this will translate into for March ending quarter and June quarter with $60mil cash balance in the digital payment and BNPL space.

I have included their revenue models for those who are interested.
IMO this is a no brainer and not hard to see where IOU is heading now with official Buy Now Pay Later launch so close to March.
ALL IMHO DYOR



DIGITAL PAYMENT Division Revenue Model


MOBILE BANKING Division Revenue Model