@eitsithc Mint has outlined the revenue and gross margin they generate out of each transaction in the Investor Report posted on the ASX dated 7/3/2019 on page 27 headed Transaction Economics.
NETS Singapore is a significant opportunity for Mint to capitalize on as there are significant barriers to entry with meeting egulatory banking and government requirements. This is why it has taken a long time to take off....
For any larger payment gateway provider I would expect that this type of arrangement in Asia would be worth significant $.
Mint is processing nearly $1 Billion in revenue overall and only capitalized at $18m. At this market valuation I wouldn’t be surprised if a bigger player makes a proposition to Miht that they can’t refuse, and surprise us all .... IMO
@eitsithc Mint has outlined the revenue and gross margin they...
Add to My Watchlist
What is My Watchlist?