VOR 0.00% 39.5¢ vortiv limited

Operations Update, page-107

  1. 10,942 Posts.
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    Hi Ezyrider,

    Yes a lot has changed since the May 2015 Corporate Presentation.

    * 200 additional ATMs have been added across our own existing fleet, with 300 ATMs to still come online which will soon = a total of 2300 ATMs.

    * 200 more bill payment kiosks have since come online which now = total of 400 bill payment kiosks.

    * 11,000 ATM monster deal.

    As for average 20c transaction fee on new monster deal, I don't think so. Probably closer to 10c would be my guesstimate. Even so, that would still add up to quite a significant amount of recurring revenue per year.

    Market won't know what's hit them soon. Happened when this was sitting at 0.004c and no one wanted to touch this bar a few of us, now the company have landed the biggest deal in their entire history. My mind still boggles thinking this is just across one business line with one partner and the product (11,000 ATMs) are generating significant daily revenue as we speak, not some time in the future but NOW.

    Tony
 
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