FINDI (FND) Indian ATM and Fintech business

[Rawz]

Investment webinar today.

- Aquisition's close to being announced and to be fully funded by current balance sheet. Aquisition's include ATM and digit businesses.
- Findi-pay close to breakeven at 60,000 merchants. Forecast to be profitable at 100,000 merchant level. Still in investment phase.
- SBI contract roll out fully funded by current balance sheet. Roll out to occur second half of this year.
- Old SBI ATMs to be converted to white label ATMs. Again they say its full funded by current balance sheet.
- Indian IPO target still CY2026.

Overall things still tracking well and no capital to be raised anytime soon (apart from the remaining options).
One can see EBITDA doubling in the next 2 years if you look at SBI contract and white label forecast numbers.

[Rawz]

The ATM business looking pretty good right now with this global outage.

Cash still has its uses

[Sideshow Bob]

Starting to challenge $4 rather than $5.

Bought a handful more this morning.

Youtube link to the ShareCafe preso - https://www.youtube.com/watch?v=t31z6lxr_1g

[Rawz]

Starting to challenge $4 rather than $5.

Bought a handful more this morning.

Youtube link to the ShareCafe preso - https://www.youtube.com/watch?v=t31z6lxr_1g

It's been a solid drift down since $4.93!!