Banxa Holdings Inc, Crypto - Blockchain Highflyer?

[Diva]

https://www.stockwatch.com/News/Item/Z-C!BNXA-3534515/C/BNXA

über setzt in etwa:


TORONTO und MELBOURNE, Australien, 9. April 2024 / CNW/ - Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) (" Banxa" oder das "Unternehmen ") freut sich, im Februar 2024 einen nachhaltigen positiven operativen Cashflow bekannt zu geben.

Banxa Holdings Inc. (www.banxa.com) (CNW Group/Banxa Holding Inc)

Holger Arians, Chairman und CEO, sagte: "Dies ist ein weiterer wichtiger Meilenstein für Banxa und seine Aktionäre. Unter der neuen Führung bewegt sich das Geschäft von Stärke zu Stärke. Wir haben starke Ergebnisse im Februar erzielt, mit unserem Fokus auf diszipliniertes Geschäft und Investitionen in unsere Plattform - Verbesserung der Preisgestaltung, Zahlungsumwandlungen und das Entfernen von Reibungen auf der Benutzerreise. Es ist ermutigend zu sehen, dass März und April noch besser aussehen. Während ich nach vorne bin, glaube ich, dass Banxa gut positioniert ist, um profitabel über unsere 300+ starke Partnerbasis, Vertriebspipeline und die Entwicklung unseres eingebetteten Krypto-Angebots cryptozu skalieren."

Zafer Qureshi, Executive Director und Head of Corporate Affairs, sagte: "Ich freue mich sehr, dass Banxa an allen Fronten ausgeführt wird und einen positiven operativen Cashflow im Februar erreicht hat, ist ein weiterer Schritt in die richtige Richtung. Wir haben an vielen Fronten weiterhin enorme Fortschritte gemacht - unsere Kapitalkosten auf unter 20% gesenkt, skalierbare Handelsfinanzierungen, wie den kürzlich angekündigten DeFiDeFi-Kreditpool auf der Clearpool-Plattform, und die Einsetzung einer disziplinierten Betriebskultur. Neben der Stärkung des Geschäfts erkunden wir aktiv verschiedene Wege, um den Unternehmenswert freizusetzen und unsere Aktionärsbasis auf neue Investoren auszuweiten."
ONMARKET BUY

Das Unternehmen gibt bekannt, dass Mitglieder des Führungsteams, darunter Holger Arians (Vorsitzender und CEO) und Zafer Qureshi (Geschäftsführer und Leiter Corporate Affairs), Aktien auf dem freien Markt gekauft haben. Kaushik Sthankiya (Non-Executive Director) plant, Banxa-Aktien auf dem freien Markt zu kaufen. Diese Käufe werden im Festakt mit der Aktienhandelspolitik von Banxa getätigt und vom Verwaltungsratsvorsitzenden vorab genehmigt. Die teilnehmenden Teammitglieder werden rechtzeitig Berichte bei Sedi einreichen.
ÜBER BANXA HOLDINGS INC.

Banxa ist der führende Infrastrukturanbieter, der eingebettete Krypto ermöglicht - und Unternehmen die Kontrolle über ihre cryptoKrypto-Reise zu ermöglichen. Durch ein umfangreiches und wachsendes Netzwerk von globalen und lokalen Zahlungslösungen und regulatorischen Lizenzen hilft Banxa Unternehmen, eine nahtlose Integration von Krypto- und Fiat für globale Zielgruppen mit niedrigeren Gebühren und höheren Konversionsraten zu gewährleisten. Das Banxa-Team mit Hauptsitz in den USA, Europa und Asien-Pazifik baut sich für eine Welt auf, in der der globale Handel mit digitalen Vermögenswerten betrieben wird. Weitere Informationen finden Sie unter www.banxa.com.

[Diva]

Bereits bekannt?

https://www.investing.com/news/stock-market-news/earnings-ca…

[Diva]

eigentlich sollte man grad in Ruhe nur ein paar einsammeln ... 😇

https://stockhouse.com/news/newswire/2024/03/08/three-qualit…

[Diva]

nachbörslich - genug Geld fürs weitere Wachstum.

https://www.stockwatch.com/News/Item/Z-C!BNXA-3522129/C/BNXA

[Diva]

Holger Arians, CEO: "Banxa has entered a new chapter in its journey in a better position than ever before." 🥂😎📈

[Diva]

Banxa Achieves Positive Adjusted EBITDA Operations and Provides FY24 Financial Guidance

https://www.stockwatch.com/News/Item/Z-C!BNXA-3521360/C/BNXA

Banxa Achieves Positive Adjusted EBITDA Operations and Provides FY24 Financial Guidance

2024-03-06 08:00 ET - News Release

TORONTO and MELBOURNE, Australia, March 6, 2024 /PRNewswire/ - Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa'' or the "Company") is pleased to announce it has achieved positive adjusted EBITDA operations in the month of January 2024.

FISCAL YEAR 2024 FINANCIAL GUIDANCE

(All comparisons are relative to the twelve month period ended June 30th, 2023 unless otherwise stated)

Banxa expects to achieve the following financial results for the full fiscal year 2024:

Gross Profit in the range of AUD$26.5 million to AUD$27.5 million (USD17.2 million to USD$17.9 million). At the mid-point, this represents an increase of 31%
Adjusted EBITDA in the range of (AUD$0.8 million) to AUD$0.2 million ((USD$0.5 million) to USD$0.1 million). At the mid-point, this represents an increase of 96%

Holger Arians, Chairman and CEO, said: "This is a significant milestone for the business that the team has pursued relentlessly over the past several months. It is yet another demonstration of the team's ability to execute. Banxa has entered a new chapter in its journey in a better position than ever before. We are focused on scaling efficiently while building for the embedded crypto future. With the crypto market tailwinds accelerating, and our volumes along with it, I am excited about the bright future that lies ahead. Moving forward, we are committed to generating positive adjusted EBITDA in all market conditions."

Zafer Qureshi, Executive Director and Head, Corporate Affairs, said: "I am very proud of the Banxa team for achieving this pivotal milestone. The team's efforts have materially de-risked the business and set it on a sustainable positive trajectory. As the only leading publicly listed infrastructure provider for enabling embedded crypto and a deeply discounted valuation, I am confident it is only a matter of time the share price will reflect the strong underlying business."
ADJUSTED EBITDA DEFINITION

Adjusted EBITDA is a non-IFRS financial measure that we calculate as net profit before tax excluding depreciation and amortization expense, share based compensation expense, unrealized loss on inventory, finance expense, realized/unrealized gain on fair value of deposits & derivative liability, (gain)/loss on fair value of derivative, unrealised exchange (gain)/loss, (gain)/loss on sale of capital asset and listing expenses. Adjusted EBITDA is used by management to understand and evaluate the performance and trends of the Company's operations.
ABOUT BANXA HOLDINGS INC.

Banxa is the leading infrastructure provider for enabling embedded crypto - empowering businesses to embed crypto seamlessly into their existing platforms and unlocking new opportunities in the rapidly evolving crypto economy. Through an extensive and growing network of global and local payment solutions and regulatory licenses, Banxa helps businesses provide seamless integration of crypto and fiat for global audiences with lower fees and higher conversion rates. Headquartered in the USA, Europe, and Asia-Pacific, the Banxa team is building for a world where global commerce is run on digital assets. For further information visit www.banxa.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ON BEHALF OF THE BOARD OF DIRECTORS
Per: "Zafer Qureshi"
Zafer Qureshi = Executive Director and Head, Corporate Affairs, [phone]


Forward-Looking Information

[SmallCapTrade]

Habe heute auch wieder einmal was gekauft. Verfolge Banxa zwar nicht mehr wirklich, aber Bitcoin ist im Move und der Crypto Hype könnte in die nächste Runde gehen. Auf diesem Niveau für mich eine Wette Wert, auch wenn die Risiken mit diesen vielen verspäteten und "Unaudited Financial Results " sehr hoch sind.

Nur meine Meinung
Viel Erfolg
SmallCap

[Diva]

Im Vergleich zur peer group hat BNXA noch gut Aufholpotential.

Könnte mir bis Ende Q1 locker CAD 1,00 vorstellen.
Wären allein Stand heute fast 20%
fällt das schon unter pushen??

Schau mer mal

[Diva]

Banxa Reports Q2 FY24 Unaudited Financial Results

https://www.stockwatch.com/News/Item/Z-C!BNXA-3517100/C/BNXA

Banxa Reports Q2 FY24 Unaudited Financial Results

Canada NewsWire

TORONTO and MELBOURNE, Australia, Feb. 27, 2024

TORONTO and MELBOURNE, Australia, Feb. 27, 2024 /CNW/ - Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa'' or the "Company") is pleased to report the second quarter fiscal year 2024 ended December 31st, 2023 ("Q2") unaudited financial results. The full results including Management Discussion & Analysis ("MD&A") are available on SEDAR

Q2 FINANCIAL HIGHLIGHTS

(All comparisons are relative to the three-month period ended December 31st, 2022 unless otherwise stated)

63% increase in Total Transaction Volume ("TTV") to AUD $242 million (USD $158 million), up from AUD $149 million (USD $97 million), driven by organic growth with partners and addition of new partners
39% increase in Gross Profit to AUD $6.8 million (USD $4.4 million), up from AUD $4.9 million (USD $3.2 million) due to growth in TTV and Net Take Rate
Decrease in Net Take Rate to 2.7%, down from 2.8%, due to temporary higher Bitcoin transaction fees from our liquidity providers
43% increase in Adjusted EBITDA to AUD ($0.7 million) (USD ($0.5 million)), up from AUD ($1.2 million) (USD ($0.8 million)), due to reducing operating expenses, specifically staffing and legal & compliance costs
Net loss per share on a basic and diluted basis decreased to AUD ($0.02) from AUD ($0.03)
Cash and Trade Receivables at AUD $12.6 million (USD $8.3 million), up from AUD $9.9 million (USD $6.5 million) as of September 30th, 2023 quarter

Holger Arians, Chairman and CEO, said: "Since taking the reins, in partnership with Zafer Qureshi, we are confident that we have successfully turned the business around. In addition, we have 'put our money where our mouth is' by leading the capital raise in October 2023, investing CAD $1.25 million. The Q2 results are a glimpse of what Banxa is capable of and I truly believe the beginning of realizing Banxa's potential to be a unicorn. We feel we have a tremendous team - resilient and proven - to take Banxa into the next chapter of its journey."

Zafer Qureshi, Executive Director and Head, Corporate Affairs, said: "Since joining the Board in September, in partnership with Holger Arians, the team quickly mobilized to optimize costs and establish a sustainable business. With enhanced alignment between the Board and the Management team, Banxa is finally executing on all fronts with a focus on driving shareholder value. Banxa is in a strong strategic position and financially healthy heading into a bull market that is on the horizon and we are resolved to capitalize on it."
Q2 FY24 UNAUDITED FINANCIAL RESULTS EARNINGS CALL

Banxa will be hosting an earnings call today at 2pm EST to discuss the Q2 results and all shareholders and investors are encouraged to register for the call here: http://tinyurl.com/Banxa-Q2FY24

[Diva]

Wellfield Partners with Banxa to Drive Coinmama's Growth

https://www.stockwatch.com/News/Item/Z-C!BNXA-3513744/C/BNXA


2024-02-20 07:16 ET - News Release

Toronto, Ontario--(Newsfile Corp. - February 20, 2024) - Wellfield Technologies Inc. (TSXV: WFLD) (the "Company" or "Wellfield") is pleased to announce its partnership with Banxa (TSXV: BNXA) aimed at driving growth for Coinmama, Wellfield's wholly owned subsidiary. In 2023, Wellfield completed a significant operational reorganization at Coinmama to improve efficiency and reach operational profitability, while also laying the groundwork for new product expansion and user growth initiatives. The partnership with Banxa begins new efforts for accelerated user growth, bringing Banxa's latest product enhancements to Coinmama's platform and strengthening Coinmama's position in the cryptocurrency market.

Levy Cohen, CEO of Wellfield, commented, "At Coinmama, simplifying our customers' blockchain journey is fundamental to our global appeal. Our partnership with Banxa underpins our commitment to future growth and operational strength, enhancing our trusted brand that brings millions of people onto the blockchain. Banxa's global Fiat-to-Crypto onboarding reach combined with our global brand and cutting-edge new products and services positions Coinmama for significant growth."

Holger Arians, Chairman and CEO, added, "Banxa prides itself for providing one of the industry's most robust Fiat-to-Crypto onboarding solutions for some of the biggest cryptocurrency brands like MetaMask, OKX, Trust Wallet and now Coinmama. Our recent product enhancements and regulatory milestones demonstrate Banxa's attraction as strategic partners for leading cryptocurrency businesses and we are proud to partner with Wellfield to support the growth and expansion of their globally recognized brand, Coinmama."

Direct Benefit to Coinmama Customers

Through Wellfield's partnership with Banxa, bolstered by their robust regulatory solutions and operational excellence, Coinmama customers receive access to a premier gateway for seamlessly transferring funds into the blockchain. Combined with our recently announced and future product enhancements, Banxa's efficient fund transfer process and advanced tools enable Coinmama to deliver a secure, compliant, and unparalleled journey into the blockchain ecosystem.

About Wellfield Technologies

Wellfield Technologies, Inc. (TSXV: WFLD) is a leading fintech company specializing in innovative solutions leveraging blockchain technology. Our platform Coinmama (web and Mobile app), provides seamless access to the cryptocurrency market for over 3.5 million registered users across 180 countries. We offer disruptive on-chain and web3 secure and friendly self-custody solutions through Coinmama. Additionally, Wellfield operates Tradewind Markets platform to digitize and trade real-world assets, including our flagship VaultChain™ Gold and VaultChain™ Silver products. Expanding our offerings for institutional clients, we present Brane Trust Company Limited aiming to operate in Alberta Canada's second qualified digital asset custodian.

Join Wellfield's digital community on LinkedIn and Twitter, and for more details, visit wellfield.io.

For further information contact: .............