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Bullboard - Stock Discussion Forum 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... see more

CSE:PAID - Post Discussion

XTM Inc > SP Calculations (?)
View:
Post by ThoughtsOnThis on May 18, 2021 8:23am

SP Calculations (?)

Just food for thought here:

OS = 88,000,000
2020 Revenue = $975k
Revenue Multiple 10x (open to discussion) = Market Cap of $9,750,000

$9,750,000 / 88,000,000 = $0.111
To match the current SP the multiple has to be 30x+. Q: What multiple will the market put on PAID? If you grant PAID FinTech status, and I think that's a stretch at this moment, the multiple is currently around 15x.


Net Loss in 2020 $3.6MM up from $2MM in 2019. The company burned $300k a month in 2020 so if that isn't turning around right now (this quarter) I'd say we are in for two things; a share price below $0.20 followed by a very dilutive financing...
Comment by anon90 on May 18, 2021 9:17am
I agree with most of your calculations, I would challenge the rev multiple and shares outstanding you are using, as I have stated before I only apply a 5x multiple. Once the company is more established and see recuiring revenue then it would be fair to increase the multiple. Shares outstanding fully diluted is about 120,000,000 What I believe you are missing is using $975,000 as a revenue number, ...more  
Comment by Bobo2929 on May 18, 2021 10:54am
OMG  Using $975,000 !!!! Try using $20,000,000.  Marilyn says easy $25,000,000. Did you read the past news release and see the big names about to come on board. If you cant see the future, this is not the company for you.  Try Amazon
Comment by Urbani on May 18, 2021 9:33pm
Okay, at least that was an attempt from a new poster, so give them a break. They obviously got it very wrong, but must give 100 percent for putting the question out there... that is the only way one learns how to invest... 30 Years ago I was there. Now a days one looks at multiple sources and a lot hitting you ... old school calls the company and the people usiing the product... The last Year ...more  
Comment by Gg33kev on May 18, 2021 10:13pm
Please post more after the investor meeting on Wednesday. I won't be able to listen to it to the weekend. I have put stuff out there just to get discussion started as well. No one discusses and I learn nothing and don't become any smarter. 
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