Hi Guys
Well, isx delivered the goods yesterday. Very pleasing when targets and revenue are acheived.
The biggest single factor to come out of yesterday's quarterly is the fact that isx has and is building very solid foundations for a strong business for the future. Their is no limit to how big isx could grow over the years based on these foundations.
Looking over the report again today has given me enough material to do a questimate revenue projection for the Dec Q. For those interested, here's the figure that I came up with with from the information provided from isx. I would expect revenue of around 75 to 85% of section 9.5 in the current 4C. (It's a cryptic style answer) Also,
@Transplant, I appreciate your mention regarding my last positive revenue projection. Cheers.
http://www.asx.com.au/asxpdf/20161028/pdf/43cdbr4bzpg4gb.pdf
As the market changes minute by minute, I'll tweek my final questimate fwiw, and let you guys know my thoughts again in the last few days of the quarter, once all the revelent information has been released to the market over the reporting period.
Heralding in 2017, isx's revenue is really going to explode. By then all the current clients should be onboaded and transacting at full capacity as isx stated, so we should easily go cash flow positive in the 1st half of 2017 as projected from past revenue reports released by canaccord. And that's without knowing anything about what isxpay / NAB is capable of achieving, or the information on the new clients soon to join isx as stated in the quarterly.
So, I reacon it's a little while longer in this sp holding pattern we've been in, and then it'll be hit the road running, and full speed ahead from 2017.
And that's when you'll really be thankful you backed isx.
Cheers
Tradealot
All imo & please dyor
