Here we are again. time for all that speculation about revenues, burn rate and how the market will view the HY report.
last quarterly review below
4C September 2017 Quarterly Commentary
- Cash Receipts Up 112% quarter on quarter
- Unaudited operating cash receipts of $0.329m for the quarter ended 30 Sept 2017
- Full range of transactional banking services completed
- Revenue is currently being generated in all three core revenue silo's of "Verify", "Process" and "Settle" with many merchant represented in all three
- Cash at bank $2.5m (excluding $0.65m longer term security deposits / collateral)
Progress since last quarterly.
- 18th Oct, webshield active
- Worldline active full quarter
- OmniSlots active partial quarter
- Card aquireing services 734k annual or greater
- Cap Raise securing 6.5M,
- Own funds decreasing operational processing/credit holding costs
- Trader Q live
- Valuetrades live
- Transactional growth guidance 40-50% QoQ
- Valuetrades live 1/3 quarter
- Poli Payments live late in quarter.
hard working and successful quarter not reflected in SP which is lagging at 15.5-16c on low volumes.
5 trading days left for announcements on extension of services, extensions/aquisition of book, new customers, contracts, revenue guidance.
heres to hoping for another good one.
ISX Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
