Here's what we haven't discussed for a while.
If you refer to page 5 of the 2017 Annual Report below, the company highlighted this...
"Transactions via Peppermint’s Mobile Banking and Payments (MBS) platform reached 21.5 million during the year as the number of registered users increased 52.7% from 155,248 to 237,054."
https://hotcopper.com.au/threads/an...olders.3653748/?post_id=26902758#.WoDpK-hubIU
Even if they have increased registered users to 250,000 since August 2017, the company has generated $1.234m in revenue on a low cost performing business already over the course of a year. Refer to the company's last 4C's.
Now what happens when full scale rollouts come into effect?
What happens should active registered users increase 5 or 10 fold?
Exponential potential growth.
The company have a target of consolidated revenue of $50 million dollars over the next 4 years.
Tony
Here's what we haven't discussed for a while. If you refer to...
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