Hank Payments Announces Quarter End September 30, 2024, Financial Results
Hank Payments Announces Quarter End September 30, 2024, Financial Results
Toronto, Ontario--(Newsfile Corp. - November 29, 2024) - Hank Payments Corp. (TSXV: HANK) ("Hank" or the "Company"), an emerging North American leader in the Banking-as-a-Service (BaaS) market with a platform that modernizes budgets and payments for enterprises and consumers is pleased to report its first quarter financial results for the period ending September 30, 2024. All figures are in CAD.
加拿大安大略省多伦多--(资讯 corp. - 2024年11月29日)- Hank Payments Corp. (tsxv: HANK)(“Hank”或“公司”),一家在银行即服务(BaaS)市场的新兴北美领导者,其平台为企业和消费现代化预算和支付,欣然报告截至2024年9月30日的第一季度基本报表。所有数据以加元显示。
FIRST QUARTER FINANCIAL HIGHLIGHTS
第一季度基本报表亮点
- Revenue for the first quarter, ending September 30, 2024, was $2.04 MM, an increase of 29% over the September 2023 quarter;
- Gross margins remain strong at 91%;
- Adjusted loss from operations for Q1 improved by 61% to $199,139 as compared to Q1, 2023 of $507,797, and a 17% improvement over the quarter ended June 2024, $239,986;
- The Company continues prioritizing positive cash flow and EBITDA from operations and is focused on growth of high margin revenue while investing carefully in technology and marketing.
- 截至2024年9月30日的第一季度营业收入为204万美元,比2023年9月的季度增长29%;
- 毛利率保持强劲,达到91%;
- 第一季度的经调整运营亏损较2023年第一季度的507,797美元改善了61%,降至199,139美元,与2024年6月季度的239,986美元相比,改善了17%;
- 公司继续优先考虑正现金流和运营的EBITDA,并专注于高利润率营业收入的增长,同时在科技和营销方面谨慎投资。
SUBSEQUENT EVENTS POST QUARTER:
季度后后续事件发帖:
- The Company improved its balance sheet through two material events: i) Closing of a non-brokered private placement of a convertible debenture for total gross proceeds of $744,921, and ii) The conversion of $2,544,000 of legacy convertible debentures and $200,732 of related interest into an aggregate of 54,894,640 common shares of the Company, both events occurring in November;
- The Company continues towards the closing of its acquisition announced in August and has early interest from customers in using the technology being acquired and the Company believes that in time the transaction will create meaningful value.
- 公司通过两个重要事件改善了其资产负债表:i)关闭了一次无中介的定向增发可转换债券,总筹资744,921美元,ii)将2,544,000美元的遗留可转换债券和200,732美元的相关利息转换为公司共计54,894,640股普通股,这两个事件均发生在11月。
- 公司正在推进其于八月份宣布的收购的完成,并且已经收到客户对使用正在收购的科技的早期兴趣,公司相信,随着时间的推移,该交易将创造有意义的价值。
Michael Hilmer, CEO and Chairperson commented "We continue to focus on operational and financial efficiencies as well as driving opportunistic and strategic transactions that we expect to provide meaningful value over time."
首席执行官兼董事会主席迈克尔·希尔默评论道:“我们继续专注于运营和财务效率,并推动我们预期将随着时间的推移提供有意义价值的机会和战略交易。”
A comprehensive discussion of Hank's financial position and results of operations is provided in the financial statements and MD&A for the three-month period ending September 30, 2024, filed on SEDAR.
关于汉克的财务状况和经营业绩的全面讨论详见截止到2024年9月30日的三个月期间的基本报表和MD&A,已在SEDAR上提交。
About Hank Payments Corp.
关于Hank Payments Corp.
Hank Payments Corp (the Company or "Hank") is a North American leader in consumer Fintech Software-as-a-Service (SaaS) and Banking-as-a-Service (BaaS) platforms that manages consumer cash flow and budgets on an automated basis using proprietary algorithms that collect, store and disburse cash as required to discharge obligations in a timely fashion. The Hank stack provides for several vertical market applications of the technology, with features specific to channels and enterprise accounts ("Partners") that allow those partners to operate new lines of business and revenue streams, using Hank. The Partners benefit from new revenue streams and powerful insights that open up additional opportunities for Partners to grow assets using Hank. The Company operates exclusively across the USA, with certain leadership and technology functions in Toronto. Hank houses the complex technology, banking, treasury, customer service, sales and operations teams that acquire and service consumers. Hank currently charges upfront enrolment/setup fees and recurring monthly fees based on the types and quantity of payments that Hank Payments administers for the consumer (the "Users"). The Company acquires Users through various channels including (i) small to medium sized enterprises (the "SME Partners") and (ii) large enterprise businesses (the "Enterprise Partners"). The Company's BaaS model is emerging which is expected to add additional fees including software licensing and usage fees. For more information visit our website at .
Hank Payments Corp(下称公司或“Hank”)是一家北美领先的消费金融科技软件即服务(SaaS)和银行即服务(BaaS)平台,使用专有算法自动管理消费者的现金流和预算,根据需要收取、存储和发放现金以及适时满足义务。Hank堆栈提供技术的多个垂直市场应用程序,具有针对渠道和企业客户(“合作伙伴”)的特定功能,使这些合作伙伴能够使用Hank开展新的业务和收入流,从中受益。合作伙伴从Hank获得新的收入流和强大的见解,打开了更多机会,可以使用Hank增加资产。该公司只在美国运营,但在多伦多拥有某些领导和技术职能。Hank团队负责获取和服务消费者,负责管理复杂的技术、银行业务、财务、银行管理、企业客户管理和销售运营。Hank目前收取预先支付的注册/设置费和每月重复费,根据Hank Payments为消费者(“用户”)管理的付款类型和数量收取。该公司通过各种渠道获得用户,包括小到中型企业(“SME合作伙伴”)和大企业(“企业合作伙伴”)。该公司的BaaS模型正在兴起,预计将增加其他费用,包括软件许可和使用费。有关更多信息,请访问我们的网站。.
Forward-Looking Statements
前瞻性声明
This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business. Financial performance figures in Canadian Dollars unless otherwise indicated by "U" representing United States Dollars.
本新闻稿中的前瞻性声明是基于某些假设的,包括但不限于股份在TSXV上开始交易。前瞻性声明并不是未来业绩的保证,存在难以控制或预测的风险和不确定性。有多种因素可能导致实际结果与前瞻性声明中讨论的结果大不相同,因此读者不应对任何此类前瞻性声明产生过度依赖。此外,这些前瞻性声明是根据本新闻稿发布的日期制定的,并且除非根据适用法律明确规定,否则公司不承担公开更新或修订任何前瞻性声明的义务,无论是因为新信息,未来事件还是其他原因。
The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
本新闻稿中的前瞻性声明基于某些假设。这些前瞻性声明不能保证未来业绩,并涉及难以控制或预测的风险和不确定性。许多因素可能导致实际结果与前瞻性声明讨论的结果有实质差异。因此,读者不应过分依赖任何此类前瞻性声明。此外,这些前瞻性声明是根据本新闻稿发布日期制作的,除非根据适用法律明确要求,否则公司不承担公开更新或修订任何前瞻性声明的义务,无论是由于新信息,未来事件或其他原因。
FOR FURTHER INFORMATION PLEASE CONTACT:
欲了解更多信息请联系:
For more information regarding Hank Payments Corp., please contact: Jason Ewart, EVP Capital Markets, at 416-580-0721. For Investor Relations please contact ir@hankpayments.com and visit the Company's website at
有关Hank Payments Corp.的更多信息,请联系:资本市场EVP Jason Ewart,电话:416-580-0721。有关投资者关系,请联系ir@hankpayments.com,并访问公司的网站。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX创业公司交易所或其监管服务提供商(如TSX创业公司政策中定义的那样)不对本公告的充分性或准确性负责。