OVT 25.0% 0.5¢ ovanti limited

$1 Club, page-9678

  1. 16,426 Posts.
    lightbulb Created with Sketch. 3146
    We can have a peer comparison to get some perspectives of where IOU is heading imo.

    Annualised Revenue for IOU (pre-BNPL) = AUD$8.7mil p.a - Market cap @ $198mil
    Annualised Revenue for SPT = AUD$14mil p.a - Market cap @ $605mil

    We should be seeing IOU's bnpl revenue just 2 weeks away when in March bnpl services will be rolling out en masse.
    IOU revenue growth should continue to grow for March quarter ending and its not hard to reach Splitt's levels of annualised revenue over the next 3 to 6 months for Malaysia's operations alone.

    Additional to revenue, IOU can expect to grow its BNPL users & merchant base exponentially in March and beyond.

    IOU is the first mover in SEA in terms of being financially licensed to conduct BNPL business - IOU is targeting to have Indonesia Financial regulatory approvals by Q2 2021 which is effectively the months of April to June 2021.

    That is seriously some very fast roadmap imo and the sp is re-rating to its appropriate levels soon !! smile.png


    https://hotcopper.com.au/data/attachments/2902/2902894-9756727fa4f7586a3050878860f1f733.jpg


    https://hotcopper.com.au/data/attachments/2902/2902873-fb260158bc7eab05181139ed695965c8.jpg

    https://hotcopper.com.au/data/attachments/2902/2902877-19aa5039f7f25dbc350a47b4f7db64bb.jpg
    Last edited by kevin103: 13/02/21
 
watchlist Created with Sketch. Add OVT (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $7.613M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $1.02K 230.0K

Buyers (Bids)

No. Vol. Price($)
7 1631920 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 7137846 13
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
OVT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.