PIL 11.1% 1.0¢ peppermint innovation limited

Assume average transaction value is 0.03 based on info in...

  1. 5,780 Posts.
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    Assume average transaction value is 0.03 based on info in letter, $600k / 0.03 is 20M transactions.

    2.5B transactions per month est in Phillipines alone (no split on banked / unbanked). In the total life of PIL we have done 0.08% of addressable monthly transactions (note our total over multiple months - so my calc is a little crude.. But would be more if I split MoM).

    I see upside, but maybe I'm blinded by the opportunity in front of us
 
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0.9¢ 1.0¢ 0.9¢ $65.3K 7.176M

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