SPT 0.00% 7.5¢ splitit payments ltd

The quarterly clearly states that of the $17.9 mil reduction in...

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    The quarterly clearly states that of the $17.9 mil reduction in quarterly funds, $10.1 mil related to the repayment of debt.

    In saying that, the revenues need to increase on a commensurate rate to the costs of advertising, marketing and staff costs. Unless there is a change here, the company will need to address this issue as a matter of priority if true growth of revenues is to be achieved.

    Gops, I would like to thank you on your concerns as they are real and certainly we wait and see if real progress can be achieved this year.

    The key issue is the onboarding of new and large partners and the increase in card services support.

    Watch This Space.
 
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