I see openpay just released their results for November...Their Total transaction volume (TTV) for November was $35.7m ...Which to me sounds like very similar Merchant transactions to what SPT had in Q3 ( SPT in Q3 did approx $23m per month) .. I know this is still a bit off the $35m for OPY but openpay share price is around the $2.20-2.5.
In addition OPY customer base is "427k" which SPT is not too far of as they have 410K customer.
Out of all the other buy now pay later Open pay is the one that has the closest TTV to SPT yet its share price is double. So I am interested to see if SPT pulls off a TTV of $35m for November will that put the share price in line with open pay.
I know there is a lot more to anaylise like business expenditures and different sales margins but this is just a very simplistic comparison.
I think people will start to realise SPT is under valued in my opinion.
SPT Price at posting:
$1.15 Sentiment: Buy Disclosure: Held
