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XTM Inc C.PAID

Alternate Symbol(s):  XTMIF

XTM Inc. is a fintech creator of payment innovations including fully certified Earned Wage Access through its AnyDay product. AnyDay is an automated earned wage access and instant payments platform that helps employers recruit, retain and improve operational productivity. It supports businesses to encourage their workforce in the hospitality, personal care and service staffing industries. It is the originator of the Today Solution, a software solution originally designed for restaurateurs, personal care service providers, food delivery operators, and other businesses with a similar need to provide staff with funds in near real-time. It provides on-demand pay for many brands, including Earls, Maple Leaf Sports & Entertainment, Cactus Club, Marriott Hotels and Live Nation. Its wholly owned subsidiary, QRails, Inc., enables payroll providers, financial institutions and other fintech companies to keep up with the on-demand economy by delivering digital payment solutions to their employees.


CSE:PAID - Post by User

XTM Inc > New Press Release -  XTM Reports 200% GDV Growth In 2022
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Comment by Honeston Apr 27, 2023 1:22pm
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Post# 35417423

RE:New Press Release - &#xA0;XTM Reports 200% GDV Growth In 2022

RE:New Press Release - &#xA0;XTM Reports 200% GDV Growth In 20222021 GDV was $153 Million.<br /> 2022 is a 200% increase (as per latest news release) therefore 2022 GDV = $459M approximately.<br /> Revenue is usually 1.56% of GDV (based on 2021 reported numbers) = $7.16M for 2022 (anticipated) versus $2.38M of reported revenue for 2021.<br /> If GDV to Revenue conversion falls below 1.56% then revenue would be lower than anticipated.&nbsp;<br /> Question: What revenue would be needed for this stock to break past $0.50? I would appreciate any insights, please.&nbsp;
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