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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Comment by Urbanion Mar 29, 2021 3:34pm
217 Views
Post# 32899937

RE:RE:Revenues ... BNXA ... NICE

RE:RE:Revenues ... BNXA ... NICEGreat investor video... BNXA is gearing up for major growth and adding Human Resources ... I'll try and post the video link that was here several times over the weekend... Too much growth in a short time... but Annual $28 Million in revenue now... Why is the vaccine taking so long to roll out?? it is in high demand and more people are required to make it and distribute it... not so much of a crazy question if you have not done your dd yet

Slowing down to upgrade systems and add people and further human resources for Company ...

TTV's December 31st, 2020 Quarter $111,000,000 or $4.5 Million revenue per quarter

TTV's March 31st, 2021 Quarter ...... $170,000,000 or $7.0 Million revenue per quarter

Good time to slow down while they are clearing up this PP to the institutions that bought in VYGR.


I just took the last 2 BNXA quarters and averaged out the numbers... BNXA numbers have been steady in terms of revenues....

On an annuallized basis BNXA is doing about $28 Million in revenue and have slowed down to catch up to amazing growth... So next quarters can be very high TTV's going forward.

Just based on what the CEO is saying... is my take.

So crazy success, BNXA slowing things down, Revenues of $7 Million per quarter and soon to explode once the new onboarding is in place....  PP set to close after next week.... $15 Million Cash .... $12 Million in current assets as of Dec. 31, 2020.... more than likely $20 Million in Current assets .... now.

I really, really like BNXA under $15 per share... at present.... Way too much growth potential ahead as the World starts Regulating these Crypto assets

By next Year or sooner BNXA stock could be adding a zero behind that $6 right now... and then some.

CEO and BNXA .... Clear and Transparent ! Where BNXA is and where BNXA is going...
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