Q: your view on recent earnings report
thank you
thank you
5i Research Answer:
EPS of -2.2c missed estimates of +1c; revenue of $17.69M missed estimates of $18.0M. AUM rose 22%. Transaction volume rose 23%. It raised its EBITDA guidance and indicated it should be net profitable in 2025. Its Carta division is now on a $12B payment volume annual run rate. The stock has not done much this year, but remains up 37% on a one-year basis. Its small size and possible tax-loss selling keep us less interested, for now.