First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.

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First Global Data Ltd

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Post by excitingon Aug 18, 2017 10:25am

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2nd quarter guess

In FDG business model i would say VPAYQWIK electronic wallet is the core, the remittance side would be a nice to have since there are already quite a lots of big players in that niche. On January VPAYQWIK reach 100000 subscribers and on June it reach 500000. So if we did a quick calculation based on these figures we can comfortably say the 2nd quarter revenu would be twice of 1st quarter and should be 8 millions at least. Just hope the earnings margins would be higher also. What do you guys think ?

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