SPT 0.00% 7.5¢ splitit payments ltd

The Next Chapter, page-44

  1. 980 Posts.
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    AH64

    It is true Z1p have problems that spt do not have.

    Z1p have revenue (approx 300m last 6 months) but they are struggling to find a path to profitability with this revenue.

    SPT do not have that problem as they have no revenue (approx 6m last 6 months.)

    In Q3 2021 spt had 3300 merchants, in Q4 they did not report total merchants only active merchants which was a paltry 1250. IMO they where covering up that they have more merchants that they no longer do business with (at least 2000) than active merchants.

    I would not buy either

    Q3
    https://hotcopper.com.au/data/attachments/4154/4154045-4bc24e357427a79f72d9c8f7ce8160ba.jpg
    Q4

    https://hotcopper.com.au/data/attachments/4154/4154039-4f0340d15f56400094bc96f23cdbb1f7.jpg

 
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