Spenda’s own release (which know are always way overstated) says the bulk of the potential revenue would come from lending. Can you see that actually happening? The software fees are forecast to be around $4000 per store ( which sounds ridiculously expensive) and if we take Alabamas number of $12m that’s $60,000 per store! A bunch of struggling franchisee’s who on average make less than $250k p.a. (Average of their FY23 numbers) will choose to pay a quarter of their earnings to use Spenda?? Give me a break.
Ann: Spenda Executes Sale Agreement for Invoice Finance Portfolio, page-130
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Last
0.6¢ |
Change
-0.002(21.4%) |
Mkt cap ! $25.38M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.5¢ | $11.29K | 1.872M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 26689523 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 336560 | 4 |
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| Last trade - 15.59pm 26/06/2025 (20 minute delay) ? |
| SPX (ASX) Chart |