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Ann: Appendix 4C - quarterly, page-24

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Gold Bugs Bunny

547 Posts.

566

17/10/17

17:48

Post #: 27975126
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Originally posted by doctornoh ↑

The announcement today notes that as operational revenue increases the operational expense side should remain relatively stable giving operational leverage.

"Operating expenditure to remain largely in line with previous quarters, providing operating leverage as transaction volumes and revenues grow".

Thought this comment was intriguing...

"First Australian Card Acquiring Contracts executed for retail merchants via the relationship with National Australia Bank (ASX : NAB). iSignthis’ ISXPay is now contracted to process in excess of $40m per annum in e-commerce transactions. Immediately following the end of the quarter, the Company announced the addition of another customer, pushing the “book value” of transactions beyond $52m with a net margin of 77 basis points and 23cents per transaction."

Am i reading the above right? Net margin on $52m of around 77bps is circa $4m in margin.

Thought the XM integration would be more advanced, from memory the estimates for XM revenue was circa $8m according to broker reports.

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"Am i reading the above right? Net margin on $52m of around 77bps is circa $4m in margin."

77 bps = 0.77%

0.77% of %52mm is equal to about $400,000

IMHO cheers, GBB

ISX Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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