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RevoluGROUP Canada Inc V.REVO

Alternate Symbol(s):  MPSFF

Financial Services
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

RevoluGROUP Canada Inc > The HUGE problem with Revo is ?
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Post by TheREVOlutionon Jun 04, 2024 7:28pm
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Post# 36072238

The HUGE problem with Revo is ?

The HUGE problem with Revo is ?Their fiscal 2024 , 9 month financials indicated an increase of about $ 33,000 CND in net profit to pay the Company bills      BUT  their losses increased by about $ 350,000   OR 10 x as much as they gained   .... This is ridiculous and it doesn't even include the $ 588,000 they record as share-based compensation.  Trouble in someone's paradise for sure.
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