Banxa Holdings Inc V.BNXA

BNXA.... Powerhouse of Revenues ...

[Urbani]

Fundemental Research Corp.

It goes back to Feb. 2021 and includes the $70,000,000 Tranactions in Feb. 2021 as well.

BNXA Revenue: $22,740,000

VYGR Revenue $4,380,000 (I think this was on the Jauary numbers, which were only ones out at the time)

GLXY Revenue $0

Buy rating for BNXA $15.38

https://www.dropbox.com/s/g59kgo10i295nql/Banxa%20-%20Mar%202021%20-%20Initiating.pdf?dl=0

[Adwari]

Urbani, if the BNXA Revenue is $22,740,000 and VYGR Revenue $4,380,000, then why would you rate BNXA at $15.38, yet VYGR is trading at $27.35. Thanks

[Urbani]

Adwari https://www.dropbox.com/s/g59kgo10i295nql/Banxa%20-%20Mar%202021%20-%20Initiating.pdf?dl=0 The Revenues for VYGR are Dec 31, 2020 Hard to follow what VYGR has at this point... it is not very transparent ... BNXA is easy to follow... The revenues have both been comparable since last Year with BNXA and VYGR with BNXA having more and then VYGR, but the expenses for VYGR have been more...

[Tuco110]

Voyager is pleased to provide stakeholders with an update for the following key metrics for the month ended February 28, 2021: Preliminary revenue from operations in excess of US$20 million Net deposits for the month exceeded US$400 million Assets Under Management (AUM) exceeded US$1.7 billion Trades per day for the month averaged more than 70,000 New

[Adwari]

Tuco110, how does this compare with BNXA? Thanks

[Urbani]

The BIG problem with VYGR putting out info like like does not really reflect what type of revenue they are talking about... revenue for clients etc. everything seems to be in the mix... Revenues that they are holding for clients... Lot;s of issues and no transparency ... The only way VYGR can be looked at is in their Quarters ... end of 2020 Dec 31st... You can clearly see that going into last

[Tuco110]

VYGR  states preliminary revenue estimates for Jan of $8.6mil on TTV of $840mil, and revenue of $20mil on TTV of $1.6bil for Feb while BNXA is about $2.2mil on TTV of $55mil for Jan and revenue of $2.8mil on TTV of $70mil for Feb. I'm just guessing on the BNXA rev #s as we know they historically average about 4% rev on TTV. Urbani, you're right that the quarterly #s will tell the tale

[robvc]

Thanks. Appreciate the reply. We all know we made a good decision on BNXA. Cheers

[Majidt91]

Yes based on all that how come Banxa is trading so much lower in price than it should be? Its a conundrum to me..

[PennyWise416]

Still very early days. We only got OTC recently, only started trading in Jan, we've just scratched the surface of being on radars. This is just the beginning! And plus everything got hammered this week, all sectors. For crypto stocks I can't think of  a single one even remotely close to its ATH. However BTC seems to be very healthy going into the weekend so it should be a good next

[robvc]

. What i see with voyager in relation to BNXA is similar and my question to you is Do you own BNXA now. You seem to be comparing and i'm interested to know your outlook on a 6 month time frame.Thanks in advance

[deckard604]

I own both. BNXA is a one trick pony (Toll booths). VYGR is a broker dealer, has it's own VGX coin to offer bank like incentives, wants to expand into crypto for stocks. Both will do well but the future growth opportunities for VYGR is why you see more action on the stock.