SPX 0.00% 1.1¢ spenda limited

Ann: Release of Spenda AR v1.1 to support growth in payments flow, page-56

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  1. 3,496 Posts.
    lightbulb Created with Sketch. 1040
    From the agreement announcements spenda retains “at least 70%” of gross profit margin of each customer contract..

    There is also a trade facilitation fee as part of the agreements between both entities, but it doesn’t state a figure.. I’d say simply because the fee is variable..

    The wording in the announcements seem a little ambiguous to me, do the other referring entities retain 30% of gross profit margin of each customer contract (and for the life of the contract)? As well as receiving a trade facilitation fee?

    Or does the statement of retaining “at least 70%” of said margin take into account that the trade facilitation fee is a variable (one off?) figure and would never be more than 30%?

    hrrmmm..

    https://hotcopper.com.au/data/attachments/4223/4223206-6a75ee28860e486ea411c5d8ccf2b464.jpg
    https://hotcopper.com.au/data/attachments/4223/4223209-cc12f8c852cbb54a29db6d2005c3edeb.jpg


 
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