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 > ARC Revenue Growth of 85% with 63% customer growth since YE

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Comment by 93Darkhorse93on May 27, 2016 8:03am

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RE:RE:ARC Revenue Growth of 85% with 63% customer growth since YE

All depends on the pace of the rollout of ARC. They will have to keep raising money every year as they have no timetable for getting to cashflow positive. The dilution could be dangerous. However if it does takeoff this company will get scooped up real quickly by a bigger fish. Make your own judgment accordingly.

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