I came across this company thru the Techknow presos so I have added this to my watchlist.
Yet to spend any time understanding the company. I want to share one thing. I am Indian and visited India last month. Compared to when I last went to India in 2019 the cash transactions have largely reduced. Almost all street vendors to any personal/ business transaction is handled digitally thanks to the government ID and digital payments stack. Given the inflation one would need to carry wads of cash daily for expenses. For both reasons digital transactions are very high compared to physical cash. So when the company projects future revenues/ profits they need to consider how much less cash transactions in the coming years.
Just FYI. GLATH.
FND Price at posting:
$4.08 Sentiment: None Disclosure: Not Held
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