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Ann: Lending and Payments Volumes Update, page-20

  1. 5,086 Posts.
    lightbulb Created with Sketch. 732
    Anyone else notice the weasel wording in the announcement to cover them if all of this doesn't eventuate? We've heard things like this before EG: $150 mil in payment flows.

    "Annual Recurring Revenue (‘ARR’) attributed to this growth is expected to be $462k, based on a current yield of
    21% and assuming funds drawn being fully utilised"

    "The precise amount of revenue to be generated by the Company through the boarding of these new customers is unable
    to be determined at this stage"

    Theres 0 chance of CF+ by June 30 as predicted. It was a fairytale. Market yawned at this and the dumping at 8 continues
    Last edited by ExtremeLand: 28/06/23
 
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