FTC hits profitable results:
highlights:
Revenue up 53% on March qrt 31/20 despite COVID
profit up 215%
net profit 10,460 million RMB up 1 97%
restructuring service and streamlining reporting categories to help shareholders better understand revenue streams (SaaS cloud etc....)
reports tightening expense control for previous period.
Extension of convertible notes to Dec 2022
3 tranches
1) Aud 500,000
2) USD 500,000
3) USD 376, 687
States multiple times FTC fully adheres to national laws and regulations.
Confirmation of full compatibility and integration of T-Linx system with Chinese Digital Currency.
Confirmation of move to BNPL interest. Assisting banks connected to T-Linx to access this service offering. Technical service fee for integrating banks and customers BNPL products through T-Linx - charging 0.5% to 1 % of gross transaction.
Excellent report. Expect very big increases in revenue and profit qrt on qrt here on out.
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