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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.
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TSXV:BNXA - Post by User

Comment by Urbanion Mar 09, 2021 1:38pm
72 Views
Post# 32753864

RE:RE:RE:BNXA Rocket πŸš€πŸš€

RE:RE:RE:BNXA Rocket πŸš€πŸš€ Si... Last quater numbers at $111,000,000 Million in Transactions showed an annual revenue of about $16 Million...

I do not have my figures in front of me right now... so for the picky posters... please ...

We then did $55,000,000 Million in Transactions in January .... Over a Year that should be at the numbers from the last couple of quarters we can see in terms of an annual revenue should be about $25 Million per Year...

Now we are at $70,000,000 Million in Transactions... or $840,000,000 Million on an annual basis... we know that the later half of these Months now are higher than the median ...  So should be about $32 Million on an anual basis in Revenue for BNXA...

We know that the numbers are more than likely much higher now... but say they are now at a BILLION DOLLARS in transactions per Year now or in the $40 Million revenue range plus per Year...

$18.75 per share times 41 million shares is $768 Million Market cap so if the P/E is a multiple of 20 than that would be a $38 Million annual revenue per Year for BNXA

THUS the $18.75 share price and that is just a starting point...
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