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RevoluGROUP Canada Inc V.REVO

Financial Services
RevoluGROUP Canada Inc. is a Canada-based multi-asset, multidivisional payment services directive 2 (PSD2) central bank licensed company. The Company is deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, healthcare payments, e-sports, invoice factoring, online travel, vacation resort, blockchain systems, and fintech app sectors. Its segments include Travelucion S.L., RevoluPAY S.L., RP Payments S.L. and RevoluSEND. Travelucion S.L. is a licensed tour operator facilitator of RevoluVIP travel to +130 countries. RevoluPAY S.L. is a European Union (EU) PSD2 Licensed Neobank, a remittance and payment app designed as a payment platform. Its RP Payments S.L. segment is engaged in management of revenue verticals, central bank approved crypto exchange and storage. Its RevoluSEND segment offers family remittances and money transfers up to 3000 Euros (or foreign currency equivalent) to 117 countries.


TSXV:REVO - Post by User

RevoluGROUP Canada Inc > Good financial Breakdown from the most recent fins...
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Post by Vision360on Feb 01, 2023 7:32pm
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Post# 35261036

Good financial Breakdown from the most recent fins...

Good financial Breakdown from the most recent fins...
 
@JesseRocks Financials for Q2 are worse than for Q1 - Lower revenue (Q2 85k vs Q1 91k), banking fees are still excessive (28k vs 30k), and a higher total loss (561k vs 459k). And Steve said users are increasing exponentially all the time and Q1 should have been break even or profitable. What a joke. No wonder this company is looking for an equity investment. Interestingly, cost of services is 68% higher than last quarter with lower revenue (25.5k vs 15.1k). Steve's fully automated system is going in the wrong direction.
@JesseRocks Financials for Q2 are worse than for Q1 - Lower revenue (Q2 85k vs Q1 91k), banking fees are still excessive (28k vs 30k), and a higher total loss (561k vs 459k). And Steve said users are increasing exponentially all the time and Q1 should have been break even or profitable. What a joke. No wonder this company is looking for an equity investment. Interestingly, cost of services is 68% higher than last quarter with lower revenue (25.5k vs 15.1k). Steve's fully automated system is going in the wrong direction.
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