RE: Cash flow21 Feb 2021 08:41
I prefer a loan. They have links to Redwood Bank and their BTC treasury reserve is well up so they can use that as collateral. Revenue, despite reports could be low. 60,000 users with 2,000 a day trading £20 a time is small. Growth rates in trading volume of 110% per month means that by in December 2021 i am anticipating £3 million to £6 million in revenue per month just from BTC trades alone. Very good gross margins too. The first 9 months of this year will see low revenues but any fundraise that you have suggested will be low.
People might be disappointed in the H1 results 2021. This is because of the ramping and the 60,000 users base for predicted growth in January. If 110% growth per month is sustained or close to it we are sitting pretty at year end.
£1.20 - March.