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Bullboard - Stock Discussion Forum Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three... see more

TSXV:BNXA - Post Discussion

Banxa Holdings Inc > Ok... the company is and has been making
View:
Post by Noscams on May 06, 2021 9:42am

Ok... the company is and has been making

money for months . But what has the overhead been ? Whats the burn rate ? Maybe if that was made public we would see an improvement in the share price . Right now we dont know what the bottom line really is .
Comment by Urbani on May 06, 2021 10:20am
noscams - I doubt that is the issue... If you look at Dec. and take off the g opublic portion... those are the numbers ... Project that going forward.... the company has been very transparent VERY... New staff and such, Yes more costs... However no where near what other companies in this space have to spend ... The Company here is scaleable and have shown that in a number of presentations Some I ...more  
Comment by Noscams on May 06, 2021 1:09pm
Urbani.... I dont know why you would be confused about my post ... there are always numbers about how much they have increased in income ect ... but never anything about overhead or whats being paid out . The last numbers that came out were again great . But we are down again today . It does not matter what you are making , if you dont know what you are spending .
Comment by AverageJoe on May 06, 2021 1:49pm
Seriously??  Their financials are posted on their website, lots of detail if you decided to look,  Improving rapidly and with the add gross profit, they'll could well be profitable by the end of the year.  Here's a thought, actually read them and then if you have questions send them to the CEO and ask for information and report back what you find out.
Comment by Noscams on May 06, 2021 2:21pm
of course I am serious, the share price is nothing to joke about .... I couldnt find what there over head was .... maybe you could be so kind as to share it with us .
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