RE:RE:RE:So what kind of profit does BANXA see on...I like 2.0%. I would bump volumes each quarter because of customer growth and activity per customer growth. Requires crypto to stay above .... pick a floor of say 25,000.
Jan estimate is 55x .02 = 1.1
Feb and March is same thus for the quarter 3.3
Add ~10% for growth the next quarter 3.6
Add ~ 10% for growth the next qrt 4.0
Add ~ 10% for growth the next qrt 4.4
Annual is 15.3 million. Assumumption is 10% q on q growth and 2.0% margin based on Crypto between 25k and 40k. Before we get much further, elephant in room is Coinbase IPO giving it valuation of 50 - 80 billion. Will Coinbase IPO excite the market for all stocks in the industry or steal all the oxygen and leave the very very little for everyone else? BNXA bonus is value of customer base outside of North America in my view. Anyways, there you have it, my calc of 2021 revenue at 15.3 million. Its an estimate. It would need to be updated each quarter. It gets trashed if crypto moves outside of 25k to 40k. GLTA