SPX 0.00% 0.7¢ spenda limited

It's just the beginning for Spenda!, page-13767

  1. 886 Posts.
    lightbulb Created with Sketch. 576
    Lets see what targets management can deliver with the quarterly now around a week away. As we know from the past they struggle to hit their own targets so its a make or break 4C for me. Here are my key targets that at a minimum need to be delivered this 4C, as well as updates from management id like to here about.

    * 4C Revenue has been stated to be greater than previous 4C with revenue weighted to the 2H FY24. Anything under $1.38M is a fail, most would expect 10-20% increase. Anything over this is a win in my book. However, expenses need to remain steady with the increase in revenue. The gap to profitability needs to start closing.

    * Carpet Court B2C payments to increase past 25% market share from previous 4C. Update on EBev B2B & B2C payments market share. (B2C is where Spenda has the ability to increase rev past current levels with a small lead time)

    *Update on Virtual cards to select suppliers through Airplus. (In November, Spenda signed a payment processing agreement with international corporate payment specialist, AirPlus)

    *Update on Capricorn custom payments infrastructure, are we still in track to roll out to Capricorn suppliers mid 2024.

    *Update Agrichain & FSCO, are they both still in standby mode. What are the hold ups/hurdles to start generating revenue through these platforms? Will Agrichain deal be cut all together?

    *Lending & B2B payments update, at a minimum expect growth in both. Lending not as phased as it seems like a small share of potential revenue.

    Overall I'm hoping for some actual clarity, solid financials & targets to be hit from management. The past 4Cs has seen nothing but muddy waters, wishy washy/ deflecting statements with missed targets. Heres to hoping once again..
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $30.27M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $21.01K 3.002M

Buyers (Bids)

No. Vol. Price($)
4 14754600 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2457723 3
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.