iSignthis released Appendix 4C and Quarterly Investor Briefing 

iSignthis has released un-audited Appendix 4C for the quarter ended 31st March 2019 and Quarterly Investor Briefing.

Highlights

• Revenues: $1.85m UP↑78% from $1.042 (Q4 2018)
• Cash Receipts: $1.4m UP ↑ 55% from $0.9m (Q4 2018)
• Annualised GPTV $380m (based on actual weekly run rate)
• MSF (average gross profit on card transactions) greater than 125bps

In accordance the press release:

The previous quarter has been characterised by growth in revenues, rise in gross profit, fall in COGS and an increased in growth in new customer approvals.

There is now appreciable momentum and revenue growth across our payments, neobanking and banking technologies divisions.

iSignthis has now set the foundations for further growth in Quarter 2 2019 and beyond, with our own in-house built Tier 1 network now starting to process significant merchant volumes.

Our technology division comprising Probanx® and BBS is also living up to its anticipated promise earlier then expected, with a pleasing positive contribution to EBIT.

We are looking forward to further growth as we continue to onboard and contract further merchants, whilst developing further capabilities in wholesale neobanking.

Please do not hesitate to email us at investors@iSignthis.com if you have any queries.

Our EU shareholders may also contact Dr. Reuter Investor Relations , Dr. Eva Reuter on +49 (0) 69 1532 5857 or email e.reuter@dr-reuter.eu

Read more about the Appendix 4C at -> 2019 04 30_ISX_Appendix 4C_March2019_x

Read more about the Quarterly Investor Briefing at -> 2019 04 30_QuarterlyUpdateQ1_Presentation_x

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