SPT 0.00% 7.5¢ splitit payments ltd

treba"correct. they eventually need 3-4-5-6 billion msv."Taken...

  1. 987 Posts.
    lightbulb Created with Sketch. 220
    treba

    "correct. they eventually need 3-4-5-6 billion msv."

    Taken from Q1 21 quarterly report
    https://hotcopper.com.au/data/attachments/4459/4459483-8547671bfa990c103d54455dde0f885b.jpg
    Taken from Q1 22 quarterly report
    https://hotcopper.com.au/data/attachments/4459/4459496-ff2db8034da9c8caeb06cd677128388c.jpg

    This shows revenue flat and msv not increasing at a rate likely to see 3-4-5-6 billion msv.
    They would need many times more than the 150m funding facility to achieve this.
    Who is going to give a company with a 60m market cap a funding facility of 500m plus. Also at what interest rate given they charge 3% to fund a txn?

    I just dont see a pathway to your target or a pathway to profit.
    I am interested to see how you think they will get to these positions, if your response is a petty insult or a reference to spelling or writing style please dont bother, plenty of others providing them.
 
watchlist Created with Sketch. Add SPT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.