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It's just the beginning for Spenda!, page-13951

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ExtremeLand

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29/04/24

15:01

Post #: 73561474
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Originally posted by Merchant2000: ↑

From my discussions with the CEO Adrian Floate he tested the platform with smaller business first. They were too small to give the revenue much of a jump.

It seems clear now though that they are ready to release the curtain so to speak. Just looking back though the recent announcement they are taking on big business and launching through 2024. The likes of Carpet Court, Capricorn, eBev, & Agrichain just for starters. We're talking about the full platform not just a small credit facility as we provided eBev the last couple of years.

As we worked out on Friday the total flows when you look at these businesses including B2B & B2C is well over $30,000,000,000. Spenda have indicated that they take 1-2% of flows running through the platform depending on the functionality being used. For eBev they actually stated 2-4%.

As is evidenced with the Carpet Court rollout they capture 100% of the B2B flows which then lead into the B2C flows. Their business plan and the way the platform works is pretty genius I reckon.

Danger Will Robinson Danger !!!!!!

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”goat said so”

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SPX Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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