This quarterly is a very good outcome finally after so long!!
Payment volumes increased by 30% / 30mill. Taking into consideration what lime pay has brought from last quarter of 108m PV and the extra $600,000. On top of the 108m PV we have added an extra 30m to 138m This is at a rate of 2.58% margin which is definitely awesome
We also held $351,000 for merchant payments e.g Eftpos machines
Achieved a record of $3.57 million in cash receipts for Q2 FY25.This represents a remarkable 160% growth compared to the same quarter of the previous year (Q2 FY24). An increase of 86% in cash receipts was noted when compared to the previous quarter (Q1 FY25)
As of 31 December 2024, Spenda had cash equivalents of $7.2m, up from $6.5m as of 30 September 2024. We also acquired $211,000 in cash from the Limepay acquisition in September 2024.
Loan book produced a positive of $1.9m / Negative $1.2m in cash receipts
Wouldn't Spenda be +$700,000??
SPX Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)