SPX 11.1% 1.0¢ spenda limited

i don't think so they have processed $650m in 3 months.the...

  1. 233 Posts.
    lightbulb Created with Sketch. 72
    i don't think so they have processed $650m in 3 months.

    the processed amount should be some kind of cumulative.

    if they have processed $650m in payments which as per website

    assume payments flowed through cc an eft

    650m ×.50% = 3.25m revenue fully through credit card.
    50% of 650m = 325m ×.50% = 1.625m revenue assume 50% payment flow through credit card.
    25% of 650m= 162m×.50% = 812k assume 25% payments through credit card.

    so revenue for last qtr was 1.425m which i consider 90% ARR = 1.305m this qtr.

    so on least basis total revenue should be $2.1m

    i don't think so we would be passing $2m revenue this qtr.

    as per last 4c they didn't mentioned anything about 100 ebev customer trial onboarding so assume it still under pogress as there is no announcement from the company on progress.

    another point assume all 100 ebev are now onborded and than payment flow is average $6.5m per customer in last two months that is significant amount as inflation is very high and hospitality sector has been hit the most.

    so either company need to produce some kind of announcement on ebev customer onboard progress than only this number can be verified and work on future forecast.

    other than that this are just the numbers and can't evaluate on revenue.
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $43.24M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $2.109K 231.3K

Buyers (Bids)

No. Vol. Price($)
18 10001408 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 4124830 11
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.