OTCPK:MONIF - Post by User
Post by
dontknowmuchon Sep 28, 2014 12:50pm
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Post# 22977630
Monitise- Move To Subscription Model Will Require Transition
Monitise- Move To Subscription Model Will Require Transition
Monitise's Move To Subscription Model Will Require Transition - Sep. 25, 2014
A September 24th blog post from
BTIG Research's Mark Palmer suggests that mobile payment firm Monitise's (
OTCPK:MONIF) switch from a one-time license fee business model to a subscription-based model might eventually work out well based on Adobe Systems' (NASDAQ:
ADBE) similar transition over the last couple of years.
Monitise has lost over one-third of its market cap over the last week as investors are bailing out over concerns about competition and the fact that Visa Inc (NYSE:
V) is "considering its options" in disposing of its
5.5% stake in the firm.
Read more....