SPT 0.00% 7.5¢ splitit payments ltd

Why I believe SPT is overrated!SPT RESULTS Revenue reported for...

  1. 182 Posts.
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    Why I believe SPT is overrated!

    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!
    Last edited by fotomarc: 08/03/19
 
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Currently unlisted public company.

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