Plus, if you click here for the latest interview, you'll find that W2V is expecting double-digit revenue in a few short years.
That's $10 million plus in revenue.
The debt card is just in an initial rollout phase, Amos states there was a massive demand for this type of product. This card attracts a monthly subscription fee. So 5,000 cards by $X amount could be significant revenue.
If W2V rolls out 20,000 cards, what happens to revenues then? W2V hasn't disclosed the monthly charges, but what could W2V charge a business per month, considering they're the only company marketing this type of product globally?
What could W2V charge a month? $20? $50? $100?
A conservative, $20 x 5,000 cards = $100,000 in revenue a month just to access this product. Then there are the administration licences & a percentage of each successful VAT refund.
What happens if W2V doubles the cards in circulation to 10,000?
What happens in 2 years if there are 100,000 cards in circulation?
Click here for the ann.
All this is on top of the already US$1.3 million in revenue.
W2V is working with Mastercard on other projects & Amos couldn't disclose what it was. It will be an interesting few years, to say the least.
Add to My Watchlist
What is My Watchlist?
