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RevoluGROUP Canada Inc V.REVO

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

Post by SISBOOMBAHon Jun 09, 2024 5:13pm
109 Views
Post# 36080148

I had my first and last look at RevoluGROUP

I had my first and last look at RevoluGROUPQ3 financial results - February 29

Q3-2023 over Q3-2022 revenue growth is down
Comprehensive loss is up

For the nine-month period ending February 29, 2024, the company lost $1,728,000.
 
The cash position is $278,000
 
The only thing going up is the share count and that is never a good sign.


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