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It's just the beginning for Spenda!, page-13767

  1. 923 Posts.
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    Lets see what targets management can deliver with the quarterly now around a week away. As we know from the past they struggle to hit their own targets so its a make or break 4C for me. Here are my key targets that at a minimum need to be delivered this 4C, as well as updates from management id like to here about.

    * 4C Revenue has been stated to be greater than previous 4C with revenue weighted to the 2H FY24. Anything under $1.38M is a fail, most would expect 10-20% increase. Anything over this is a win in my book. However, expenses need to remain steady with the increase in revenue. The gap to profitability needs to start closing.

    * Carpet Court B2C payments to increase past 25% market share from previous 4C. Update on EBev B2B & B2C payments market share. (B2C is where Spenda has the ability to increase rev past current levels with a small lead time)

    *Update on Virtual cards to select suppliers through Airplus. (In November, Spenda signed a payment processing agreement with international corporate payment specialist, AirPlus)

    *Update on Capricorn custom payments infrastructure, are we still in track to roll out to Capricorn suppliers mid 2024.

    *Update Agrichain & FSCO, are they both still in standby mode. What are the hold ups/hurdles to start generating revenue through these platforms? Will Agrichain deal be cut all together?

    *Lending & B2B payments update, at a minimum expect growth in both. Lending not as phased as it seems like a small share of potential revenue.

    Overall I'm hoping for some actual clarity, solid financials & targets to be hit from management. The past 4Cs has seen nothing but muddy waters, wishy washy/ deflecting statements with missed targets. Heres to hoping once again..
 
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