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Bullboard - Stock Discussion Forum 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... see more

TSXV:REVO - Post Discussion

RevoluGROUP Canada Inc > REVO has revenues of 480k
View:
Post by PennyCrunch on Jan 30, 2024 10:51am

REVO has revenues of 480k

What were its expenses? 3.2 million 

Net profit margin of -600% 

and there are people here telling you to add to your REVO position?? Let's get real 
 There's smart money and dumb money ... REVO is always in the dumb money category
Comment by Jaytee123 on Jan 30, 2024 12:10pm
Fintechs aren't cheap to run (this isn't a junior miner with one ceo and no staff) Revo needs more revenues which is what they are exactly doing 
Comment by TheStockScout on Jan 30, 2024 2:50pm
LMFAO!! You sound like you went all in on the wrong stock and are insanely and desperately trying to do everything you can to pretend everything is ok and not accept reality. Sorry to say champ, but if looks like it is on its last leg and might be time to take Ole Revo out back and put it out of its misery. The sooner you accept reality and the money you lost the sooner you can move on. 
Comment by Reggie1 on Jan 31, 2024 1:58am
More revenues from what exactly? Give some specifics right.  And then how much revenue is needed to overcome costs of sales etc to then be profitable on SG&A? You do not have the answer to any of that. You do not even have estimates to any of that.  You have to go on more than "becuase"  Shares are at 5 cents and going lower as its just waiting for one or two ...more  
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