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Mint Corp V.MIT

Alternate Symbol(s):  MITJF

The Mint Corporation, through its subsidiaries, is a globally certified payments company. The Company is focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Company provides employers with payroll cards for their unbanked employees. It offers employers scalable, flexible and payroll card management solutions through its globally certified payments platform. It also focuses on facilitating payroll disbursement for unbanked workers, employees not qualified for traditional bank accounts. Its UAE operations comprise five entities, including Mint Middle East LLC (MME), Mint Electronic Payment Services Ltd (MEPS), Mint Capital LLC (MCO), Mint Gateway for Electronic Payment Services (MGEPS) and Hafed Holding (Hafed). MME is a payroll card services provider facilitating an automated and secure payroll system to employers in the UAE. Its UAE operations payroll cards and mobile app are branded under the Hafed name.


TSXV:MIT - Post by User

Bullboard Posts
Comment by panhandlephillipson Aug 02, 2012 12:02pm
151 Views
Post# 20177396

RE: RE: RE: Next Results

RE: RE: RE: Next Results

Q2 will probably be a mixed bag IMO. Remeber that they announced that 2012 growth targets were already exceeded in Q1, so revenue growth and gorss margins should be quite good,

https://tmx.quotemedia.com/article.php?newsid=49575528&qm_symbol=MIT

But Egypt, Qatar, SA will have eaten up some cash. Which should be treated as an investment, but will show up as general and administrative expenses.

With Mint Capital, Mint Global Processing, Mint Merchant Services, Qatar and ePay all coming on line either in Q2 or shortily into Q3 we should see blow-out numbers in Q3 and Q4.

From June 5 2012 NR

Chris Hogg, Executive Chairman, said today, "We feel honored to have been recognized by PROFIT 200, especially since the ranking covered the period from 2006 - 2011 and we feel our most explosive growth is yet to come. We have never forgotten our Canadian roots and the support the Canadian investment community has shown Mint and we are proud to have achieved this great accomplishment. With the execution of our current business strategy, I expect Mint to steadily climb in the rankings over the next few years."

Bullboard Posts