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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Comment by Order66on Feb 23, 2021 12:35am
91 Views
Post# 32634099

RE:RE:RE:RE:Banxa earning estimate

RE:RE:RE:RE:Banxa earning estimate
Agreed. It won't matter to know what they made, it matters more about what they're making. If the true cost of scale is a few people and laptops, we'll be able to assume costs are nearly fixed and project current income based on ttv with only a 1 month lag if they keep us updated. Hopefully earnings also come with a statement regarding Feb ttv. If they were hitting the limitor at about 3 mil a day a few times in Feb, then my thought is it might be 75 mil for Feb alone (pure speculation). Cost info and analyst coverage are key for getting noticed. Also nice, is maintaining and increasing client experience so Banxa can grow organically by word of mouth. Volatility of crypto is the key for this company. General upward trend is nice, because then the customer base continues to grow, but volatility is important. This is such a clear winner, but somehow people still need the F-i-n-a-n-c-i-a-l-s spelled out for them. Blonity will be all over this with financials.
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