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Advantex Marketing International Inc C.ADX

Alternate Symbol(s):  ATXMF

Advantex Marketing International Inc. is a Canada-based company, which provides working capital to merchants. The Company provides merchant cash advance (MCA) and loyalty marketing services to its community of merchants. It also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants. Its segments include MCA program and Aeroplan program. In the MCA program, the Company provides merchants with working capital through pre-purchase, at a discount, of merchants’ future cash flows. The Company is a re-seller of Aeroplan Points. It sells Aeroplan Points to merchants who are small and mid-sized retailers and service providers. The Company’s merchants operate across Canada in diverse business segments: restaurants; independent inns, resorts and selected hotels; spas; retailers of men’s and ladies’ fashion, footwear and accessories; florists and garden centers; health and beauty centers; gift stores, and home decor.


CSE:ADX - Post by User

Comment by habsfanon Jun 07, 2022 11:51am
126 Views
Post# 34737203

RE:COVID Restrictions Lifted…Back to Normal on Tap

RE:COVID Restrictions Lifted…Back to Normal on TapI think this is going to be more of an uphill battle than you think.  Beyond your points they face reduced revenues as a result of business travel being reduced by companies on strict budgets; Impact of interest rates on spending (business and personal); and the volatility within the current economic environment in terms of the health of the merchants within their program. They have a lot to overcome for success.  I just don't know if they have what they will need.  I hope I am wrong on this one! 
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