Versapay Corp - Ordinary Shares VPYYF

Technology

VersaPay Corp is a financial technology company that provides cloud-based accounts receivable automation software and payment solutions for businesses. The company's only segments are VersaPay Solutions Through its VersaPay Solutions segment, the company focuses on electronic invoice presentment with its ARC software (ARC) and develops value-added payment technologies, such as its PayPort and VersaPay Gateway. It sells its products to customers in Canada and the United State.

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Versapay Corp - Ordinary Shares > Q3 Preview

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Post by 93Darkhorse93on Nov 17, 2016 10:08am

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Post# 25474415

Q3 Preview

-ARC revenue acceleration has to continue, looking for >30% QoQ to around 470K in revenue.

-Gross margin expansion should continue looking for 60% GM

-Live user looking for 65-70 range hoping for higher end

-Invoice and Payment totals of 550,000 and 65,000,000 respectively

-General & Administrative costs have to get under control looking for <1.5M

-Any commentary of larger Tier 1 Bank deal

-Commentary for a glide path to EBITDA positive by the end of 2017

Not betting the farm into the number but once management gives a clear path to EBITDA positive is my big thing I am looking to get real bullish just like what happened with AT.TO