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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 > New Press Release -  XTM Reports 200% GDV Growth In 2022
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Comment by Honest on Apr 27, 2023 1:22pm
2021 GDV was $153 Million. 2022 is a 200% increase (as per latest news release) therefore 2022 GDV = $459M approximately. 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. If GDV to Revenue conversion falls below 1.56% then revenue would be lower than anticipated.  Question: What revenue would be needed ...more  
Comment by Honest on Apr 27, 2023 1:22pm
2021 GDV was $153 Million. 2022 is a 200% increase (as per latest news release) therefore 2022 GDV = $459M approximately. 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. If GDV to Revenue conversion falls below 1.56% then revenue would be lower than anticipated.@ Question: What revenue would be needed for ...more  
Comment by anon90 on Apr 27, 2023 3:19pm
All depends on the multiple used, appropriate range IMO would be 4x-8x......... keep in mind XTM is still considered in the start up phase with small revenues therefore multiples are naturally lower.
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