It has been easy to become somewhat narrow minded when thinking about APT's success, and forget they only do retail.
This paragraph from the SMH article is a stark reminder of transaction processing opportunities across a number of other very lucrative verticals:
"While the construction and retail sectors have been problem areas for late payments, the communications and professional services sectors have also seen lags in payment times":
Couple of things to consider:
The US has one of the largest construction markets globally (current value 1,231 billion)
Spending on US private construction in 2018 ~$992 billion
Australian construction market was valued at roughly ~$350 billion in 2018
Professional Services firms in the US generated $2 trillion in revenue in 2018 (Up 11% from the previous year)
Professional services market in Australia was valued at around ~$165 billion in 2018.
If QFE executes successfully, and captures even 1% of the payments associated with construction and professional services in both Australian and the US, imagine what that would mean.
Purely hypothetical of course
DYOR
- Forums
- ASX - By Stock
- IPO - QuickFee Limited
It has been easy to become somewhat narrow minded when thinking...
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QFE (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.4¢ |
Change
-0.001(1.33%) |
Mkt cap ! $23.5M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.4¢ | $3.441K | 46.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 125800 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 10770 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 125800 | 0.074 |
1 | 60000 | 0.073 |
1 | 40000 | 0.071 |
1 | 50000 | 0.070 |
1 | 30000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 10770 | 1 |
0.084 | 18038 | 1 |
0.085 | 32870 | 3 |
0.088 | 25000 | 1 |
0.090 | 11330 | 2 |
Last trade - 14.13pm 14/06/2024 (20 minute delay) ? |
Featured News
QFE (ASX) Chart |