What's everyone's definition of a "Good Quarterly"?
Given that management s goal for 2020 is $2.5b in transactions, roughly 100% on 2019. Which coincidentally was roughly 100% on 2018.
So theoretically, we are looking for similar growth % rates in each corresponding quarter.
1st quarter 2019 saw 11% growth on its previous quarter, 2nd quarter (Xmas) grew on that by 47%.
So as long as we see around 11% growth this quarter, we should be on track to achieve the annual target.
That figure is Q4 $351M + 11% = $390M
IMO, that's the magic number to fulfil market expectation and hold the sp at current levels. Higher transaction volume should result in a leg up.
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What's everyone's definition of a "Good Quarterly"? Given that...
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