RevoluGROUP Canada Inc V.REVO

The most professional AGM in venture history?

[Jaytee123]

So what does everyone think of 4.3 million revenue by 2026 ? (This doesn't include travel verticals).  and
profitable.  Very conservative numbers and this prognostication was helped via Antoine Day.  

this would equate to over 250 million flow through per year based on a 1.5% return (my estimate) 

as many of you know (and many don't know) REVO's service revenue in financials is the NET proceeds they make on all flow throughs for remittances and the other verticals .  So if REVO does $135k like last quarter, that's approx 9 million that's flowed through the system .  If VIP did $35,000 in gross sales (accounted for differently as primary revenue), the other 100k would be net revs on the fins, then minus cost of services

[Jaytee123]

Gavin made it clear he wants to lower the cost of transactions, he will do this with bilateral agreements with other fintechs in jurisdictions we may not yet have direct agreements with (eg. SEPA and Swift).  I'm not sure what the plans are for SEPA and Swift, I may ask Gavin that as he didn't get any questions on that part   

[Jaytee123]

Very conservative projections IMO.  

[Jaytee123]

Financials will be the usual, who said they were going to be exponentially better?  they will actually be less because vip is down but gross profit will remain about the same, maybe a bit more even 

[Jaytee123]

I liked Gavin's explanation of how being an outsider company can be used to our advantage.  He also recognizes the best way to grow revenues is via trusted white label partners backed by larger organizations