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Bullboard - Stock Discussion Forum XTM Inc C.PAID

Alternate Symbol(s):  XTMIF

XTM Inc. is a Canada-based fintech company. The Company’s main business is as a creator of disruptive payment innovations, including fully certified Earned Wage Access through its QRails AnyDay product. The Company is the originator of the Today Solution, a software solution originally designed for restaurateurs, personal care service providers, food delivery operators, and other businesses... see more

CSE:PAID - Post Discussion

XTM Inc > Growth??
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Post by traderguy5000 on May 25, 2022 12:15pm

Growth??

XTM claims they are growing at 20% a month. This appears to be based on comparing current revenue with revenue for the same quarter of the previous year. However, revenue for the last 3 quarters has been stuck at about $800k. Revenue hasn't grown for 2 quarters, and is quite weak at $800k. I'm disappointed, but not selling. We need to see stronger quarters down the road. We need to see real growth. Right now, the growth is not there.
Comment by Urbani on May 26, 2022 11:27am
Well if they stopped growing, why would you be in the company? They had $400,000 more spent on wages etc. So stop growing and they would have had $1.2 Million up from $800 on the quarter albeit, In Ontario and B.C. were really shut down end of November, Dec, Jan, Feb and March. Subsequent events lead me to think that there will be more growth and 224 more places on boarded and the fact that the ...more