Banxa Holdings Inc V.BNXA

So what kind of profit does BANXA see on...

[amp007C]

55 million in transactions?

[Finders]

3 to 5% on commission and fees.

[YoEdwest]

I'm thinking 2% on 600m annually is about $3m in Qtrly rev 

[Finders]

where u get 2% from ???

[Value247]

Transaction volume is up... will go up more ... as now a side bitcoin ,,, other crypto getting some attention...and so no doubt profit will go up...  positive news and bitcoin price will lead this one up... as the industry growing this one becomes more undervalued which will catch more attention and low float will kick the price higher. 

[rankininlet]

I like 2.0%. I would bump volumes each quarter because of customer growth and activity per customer growth.  Requires crypto to stay above .... pick a floor of say 25,000. Jan estimate is 55x .02 = 1.1 Feb and March is same thus for the quarter 3.3 Add ~10% for growth the next quarter 3.6 Add ~ 10% for growth the next qrt 4.0 Add ~ 10% for growth the next qrt 4.4 Annual is 15.3 million

[Finders]

ur numbers r wrong 53.7 m cad at 3% =1.6 mill at the low When we reach 1 billion MC our sp will b 25$ add if you like

[Finders]

https://cdn-ceo-ca.s3.amazonaws.com/1g1j7up-C704ED4D-69BA-4D1E-B0BA-00022015177B.png

[rankininlet]

ur numbers r wrong 53.7 m cad at 3% =1.6 mill at the low When we reach 1 billion MC our sp will b 25$ add if you like The link you posted for ceo.ca is surrounded by a discussion on the uncertainty of the BNXA margins.  The fellow that posted data from Sept 2019 of 1.8% and Sept 2020 of .70% is using margins from the companys' f/s.  The challenge is that one stream of transactions

[Finders]

completely understand bro I saw the same anyway let's get some vol in here that's what is well needed cheers

[BCdude]

I agree with this. I think 2.0% margin is closer to reality, with margin compression being a problem in the industry. On the plus side, BNXA has stated they have a line-up of clients waiting to be folded into their payment infrastructure, so we'll likely see decent growth through new clients. Crypto price will definitely influence transaction volume, but I see the Coinbase IPO (if successful)