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Eggboy

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26/10/20

22:37

Post #: 48402657
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Originally posted by tina25: ↑

Great post Timbogold. Good idea to get questions in. Shareholders have to send in questions 48 hours before the start of the AGM and they will be answered. Those sending in questions after that cut off will not necessarily be answered.

Hi LordByron, you are spot on. Patience is crucial. The run of the AGM will probably give shareholders more insight that the Quarterly.

The issue with Mastercard and VISA will need to be clarified. Outside of Australia, you can use your cards to purchase and apply to SPLIT the purchase. Brad Paterson needs to make a statement now about the extent it is available. Expect this at the AGM.

For those worried about the "Flat Revenue" Here is a statement from the 8.10.20 release... copy and paste.

"Splitit grew MSV 214% YoY to US$71M in Q3, with North America growing 200% and Europe 232% YoY. MSV growth was driven by continued expansion in merchant acceptance, in particular new larger
merchants, many of which launched Splitit in late Q3. AOV grew to over $1K, in line with the Company’s
strategy of attracting larger merchants selling higher value items in its target verticals".

"This resulted in Revenue of $2.4M, up 318% YoY. This revenue growth was significantly higher than that of MSV due to growing merchant demand for Splitit’s funded model, resulting in increased gross merchant fees. MSV grew 8% QoQ with stable Revenue due to a higher proportion of shorter instalment plans as some key northern hemisphere merchants with longer plan lengths and higher gross merchant fees experienced expected seasonality due to the summer holiday period ".

Just see what the company states on Friday this week. I'm sure it won't disappoint.

Watch this space.

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Nice Post @tina25 That's helpful.

All fingers crossed everyone for positive update on details of progress at AGM or sooner.

EB

SPT Price at posting: $1.49 Sentiment: Hold Disclosure: Held
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