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Cortex Business Solutions Inc. CTPNF

Technology Information Technology Services
"Cortex Business Solutions Inc is a network-as-a-service company, which focuses on helping businesses within North America to transform their manual and costly invoice processes by enabling buyers and suppliers to send and receive invoices electronically."


OTCPK:CTPNF - Post by User

Cortex Business Solutions Inc.
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(18)
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Comment by moric122on May 08, 2014 10:31am
190 Views
Post# 22538277

RE:3Q Market Stats

RE:3Q Market StatsKeeping thigns simple and seperated. CBX had a hell of a quarter. Here is what you need to know.
  • Billable Transactions increased 253,644 from last quarter.
  • Billable transactions last quarter were worth ~1.98 of recurring revenue.

If the value of a transaction has been maintained at the $1.98 level CBX has added the following recurring revenue to their top line:
  • 253,644 * 1.98 : $502,215 revenue per quarter OR 2,008,860 revenue per year.

I think it is fair to say that this is an encouraging release.


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Dealroom for high-potential pre-IPO opportunities