Bottom is in. Get ready for SPENDA to bounce!, page-23

Dear Shareholders,

I am thrilled to share the remarkable progress we’ve made this financial year and the bright future that lies ahead. Let’s take a moment to reflect on our journey and our current position.

Last financial year, we processed an impressive $100 million in payment flows. This year, with a month still to go, we've skyrocketed to $750 million. That's extraordinary growth, demonstrating our successful strategy, robust market demand for our services, and solid execution by our team.

Now, let's discuss our recent expansion into Capricorn’s network, which handles an astounding 3.4 billion transactions per year. By integrating with this network, we’re positioning Spenda to tap into an enormous volume of transactions, providing us with an unprecedented opportunity to scale our operations and increase our market share exponentially.

Here’s why we’re sitting pretty:

First, our phenomenal growth from $100 million to $750 million within a year highlights our ability to scale rapidly and efficiently. This leap reflects our product's reliability, the market's trust in our solutions, and the effectiveness of our business model.

Second, partnering with Capricorn allows us to expand our reach significantly. This partnership provides us access to a vast number of new clients and transaction opportunities, significantly boosting our potential revenue.

Third, our substantial growth and strategic expansions are positioning us as a major player in the digital payment solutions market. We’re building a reputation for scalability and reliability, which will attract even more partnerships and clients in the future.

Finally, with our current trajectory, the prospects for the next financial year look incredibly promising. The groundwork we’ve laid and the partnerships we’ve formed ensure that we are on a solid path to continued growth and success.

To sum up, our current position reflects a blend of strategic vision, strong execution, and market confidence. With the impressive increase in payment flows and our integration into Capricorn’s extensive network, Spenda is not just surviving – we’re thriving. Our future is bright, and I’m excited to see where this journey takes us.

Thank you for your continued support and trust in Spenda. Let’s look forward to even greater achievements in the coming months and years.

Warm regards,

William Murray