CCA 1.33% 7.4¢ change financial limited

I reckon revenue to increase in next 3 quarters that will reduce...

  1. 381 Posts.
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    I reckon revenue to increase in next 3 quarters that will reduce cash burn. Funds potentially coming in from Mastercard in H1 FY2023 and the Alaskan Prepaid Card going live this quarter. Also the 2 new US based clients may contribute in H1 FY2023 once go live.

    "The Agreement will see Mastercard provide Change with a cash incentive of US$1 million (A$1.4 million1) upon
    launch of the first direct issuing program which is expected in H1 FY23"

    PAYSIM revenue may increase now as ANZ Bank using latest version. Banks are making good coin atm.

    CCA also said some of the project work is aimed at converting existing clients to new PAAS and SAAS models which increases CCA revenue.

    Seems their revenues will get more diversified as they grow. smile.png





 
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