If 100% of payments are made via cards (won’t happen) it would be revenue of $234 million for Spenda. Like I said 100% won’t happen, but the company are confident of having that number at a very high %.
That’s a revenue stream from one company.
$234 million won’t happen, but even at 50%, things are looking pretty good. Even 10% is $23.4 million. This scenario is a few years off, but this figure from one customer allows us to see where the company is headed, and gives an idea as to how I came up with my future SP modelling.
Positive SPX, page-937
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