SPT RESULTS Revenue reported for the financial year grew from $260,409 to $789,920, an increase of 203%, reflecting Splitit’s growth across all key performance metrics.Costs of revenue grew from $201,495 to $400,126, an increase of 99%.
Splitit reported a gross profit of $389,793 compared to $58,914 in the prior financial year, an increase of 562%.Splitit reported a loss before income tax of $4,403,589 compared to $ 3,421,636 in the prior financial year.
They have no history. No profit. Very low revenue. High PE. 3 350% up in less than 2 months means there will be one huge drop soon. Good luck to the remaining holders. I sold out after a 46% gain.
I have a credit card and pay before it’s due and pay no interest. I don’t see the advantage of splitting my payment and buying more. Just means more headaches later!