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RevoluGROUP Canada Inc V.REVO

Alternate Symbol(s):  MPSFF

RevoluGROUP Canada Inc. is a Canada-based multi-asset, multidivisional payment services directive 2 (PSD2) central bank licensed company. The Company is deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, healthcare payments, e-sports, invoice factoring, online travel, vacation resort, blockchain systems, and fintech app sectors. It operates through various segments, namely Travelucion S.L., RevoluPAY S.L., RevoluVIP International Inc., RP Payments S.L., RevoluCHARGE, RevoluEX, RevoluEGAME, RevoluSEND, RevolUTILITY, RevoluPOS, RevoluREALTY, RevoluVIP, RevoluGROUP USA Inc, and RevoluFIN Inc. (Panama). Travelucion S.L. is a licensed tour operator facilitator of RevoluVIP travel to +130 countries. RevoluPAY S.L. is a European Union (EU) PSD2 Licensed Neobank, a remittance and payment app designed as a payment platform. RevoluEGAME offers video games and credits.


TSXV:REVO - Post by User

Post by TheREVOlutionon May 27, 2024 12:26am
101 Views
Post# 36058397

Just look at Revo's financial results and quit dreaming

Just look at Revo's financial results and quit dreamingLet's look at things in a business survival way as "service revenue" is basically a meaningless number used only for promotion purposes and does not pay the Company bills to sustain their survival. Based on Revo's latest fiscal 2024, 9 month financials they are only averaging $26,692 Canadian dollars per month to pay all of their Company bills ( gross profit they call it). They are losing $151,847 on avg. every month (and yes, this does not include the exorbitant amount for share based compensation they've been freely handing out like candy). So Revo is currently running a monthly deficit of $125,155 ; This is an unsustainable business on paper and seems mismanaged for a supposed financial institute.
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