SPLITIT announces up to expectations. Growth in Revenues was a key figure with potential PRICE EARNINGS calculation already being calculated by analysts. SPLITIT is steady as she goes.
Don't worry about the DOW, thus offering a real opportunity to buy the stock from the 2 cent traders.
The Sector Growth is certainly laid out for us by the company. There are many gems in today's reports;
(i) Q4 Key Financials (slide 11).
(ii) Credit Card usage expected to continue to grow. (slide 8)
(iii) E Commerce market to boom by an estimated 85% by 2022. (slide 9)
(iv) Professional Services market $120 trillion waiting for SPLITIT to expand into. (slide 9).
(v) Expenditure in marketing and promotions explained. Burn rate under control. (See quarterly)
(vi) Business Outlook. Very Very promising. (slide 16)
In summary, those not satisfied with the quarterly report should trade futures for quicker results with their investment.
Watch this space.
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Ann: Splitit posts another Record Quarter (App 4C), page-16
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