| Cuentas (OTC: CUEN) Reports Q2 Revenue Up 3,800%+ to $20.9M |
| |
|
Cuentas (OTC: CUEN), a FinTech service provider delivering mobile banking, prepaid debit and credit and telecommunications services to underbanked and underserved communities, filed its Form 10Q with the Securities and Exchange Commission (SEC) last week, reporting revenue up more than 3,800% year-over-year to $20.9 million. On a six-month basis, Cuentas achieved net profitability of more than $500,000.
Why It Matters: CUEN has built a strong foundation of revenue through key acquisitions and is now gearing up ramp sales of its flagship Cuentas “general purpose reloadable” card. With unique competitive advantages within the sizeable U.S. Latino market, CUEN is well-positioned to become the dominant leader in fintech solutions for the underbanked and unbanked markets in the US.
What’s Next: CUEN has formed world-class partnerships to ensure reliability and scalability of its robust solutions platform. We expect a steady flow of milestone accomplishments in the months ahead as CUEN builds on its hard work and accelerates its growth in what is conservatively a multi-billion-dollar opportunity.
Disclosure
Cuentas (OTC: CUEN) agreed to pay RedChip Companies, Inc. 10,000 shares of Rule 144 stock and a monthly cash fee for three (3) months of investor relation awareness services.
|
|
| |
|
|
Tips from a Successful Small-Cap Fund Manager
|
| |
|
Small-cap stocks, as represented by the Russell 2000, have been hit hard since their peak over the summer, down 13% as of mid-November.
“We’ve gone from being the darlings to [the victims of] a risk-off market,” where small-cap stocks are particularly vulnerable, says Jamie Cuellar, co-manager of the $473 million Buffalo Small Cap fund (BUFSX).
In an exclusive interview with Barron’s, Cuellar provides key insights into how he’s handling his small-cap portfolio during this ruthless period in the markets.
|
|
| |
|
|
Spectrum Global (OTC: SGSI) Receives $500,000+ in New Contract Awards
|
| |
|
Spectrum Global Solutions, Inc. (OTC: SGSI), a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets, announced on Monday that it has received over $500,000 in new contract awards to support carrier network upgrades across the United States.
Key Quote: "We continue to build upon our pipeline of new opportunities as carriers deploy upgrades of their services and technologies across the U.S. AT&T recently announced that its true 5G mobile service rollout should start in the coming weeks in Dallas, Atlanta, Waco, Charlotte, Raleigh, and Oklahoma City. As AT&T and other major carriers roll out this upgrade, we are called upon for assistance." - Roger Ponder, CEO
Disclosure
Spectrum Global Solutions (OTC: SGSI) is a client of RedChip Companies, Inc. SGSI agreed to pay RedChip Companies, Inc. a monthly cash fee for six (6) months of RedChip investor awareness services.
|
|
| |
|
| Nemaura (NASDAQ: NMRD) Signs License and Distribution Agreement for SugarBEAT® Commercial Launch in Qatar |
| |
|
Nemaura Medical (NASDAQ: NMRD), a medical technology company developing sugarBEAT® as a non-invasive, affordable and flexible continuous glucose monitor (CGM) for use by people with diabetes and pre-diabetics, announced that it has signed an exclusive license and distribution agreement with Al-Danah Medical Co. for the commercial launch of sugarBEAT® in Qatar in readiness for 2019 launch.
Why It Matters: Qatar has one of the world's highest prevalences of diabetes, with 17% of the population diabetic and 23% pre-diabetic, and also has the world's highest GDP per capita, and therefore represents a significant market for sugarBEAT®. Al-Danah Medical Company, part of the Almana Group, is a leading medical product distributor in Qatar, representing multiple global brands.
What’s Next: Current global CGM usage rates are low and growing rapidly. The U.S. is the largest single market, where CGM is being used by an estimated 2.6% (630,000 users) of all diagnosed diabetics in 2018, representing annualized growth of 117%. SugarBEAT® is expected to receive CE Mark approval shortly and launch next month in the United Kingdom, an addressable market for CGM estimated at $1.38B per annum. The global addressable market for CGM is estimated at $82B per annum.
Disclosure
Nemaura Medical (NASDAQ: NMRD) is a client of RedChip Companies. NMRD agreed to pay RedChip a monthly cash fee for investor awareness services.
|
|
| |
|
|
Galaxy Next Generation (OTCQB: GAXY) Reported Q1 Technology Sales Up 117% |
| |
|
Galaxy Next Generation (OTCQB: GAXY), a U.S. distributor of interactive learning technology hardware and software that create fully collaborative instructional environments, reported technology sales grew 117% year-over-year in the first quarter of fiscal year 2019, ended September 30.
Why It Matters: In addition to strong technology sales growth in the first quarter, GAXY reported a backlog of $358,000 at quarter end and October 2018 revenue of $491,000, both of which point to strong growth in Q2 and possibly beyond.
Key Quote: "While gross margins in the first quarter were 13.4%, if we factor in our accounts receivables balance, back orders, and strengthening sales since the quarter close, gross margins are closer to our target range of 35%. In fact, we're now tracking positive EBITDA for the year through the end of October and remain confident this will translate to positive net income for the full fiscal year as sales continue to accelerate.” Gary LeCroy, CEO, GAXY
What's Next: Small Cap Consumer Research, which initiated coverage of GAXY in early November with a buy rating and a $6 price target, believes GAXY's exclusive partnerships and strong competitive advantages that position the company to “drive material, profitable bottom line results.” The small-cap researcher reaffirmed its price target in a more recent note published after GAXY's impressive Q1 results were announced.
Disclosure
Galaxy Next Generation (OTCQB: GAXY) is a client of RedChip Companies, Inc. GAXY agreed to pay RedChip Companies, Inc. a monthly cash fee for 4 months of investor awareness services.
|
|
| |
|
| Interpace Diagnostics (NASDAQ: IDXG) Revenue Grows to $5.8 Million in Third Quarter 2018, 37% over Third Quarter 2017 |
| |
- Expanded guidance of revenues for the year to a range between $21 million and $22 million
- Revenue Grew to $5.8 million in Third Quarter 2018, 37% over Third Quarter 2017
- Year to Date Revenue of $16.1 million up 39% over same period in 2017
- Cash & cash equivalents of $8 million; no long-term debt
- Added $4 million line of credit availability
- Now Covered by 30 regional Blue Cross/Blue Shield plans for ThyGenX® and ThyraMIR®
Key Quote: “I am very pleased to report the third quarter of 2018 continues our track record of revenue growth with seven straight quarters of gains in both volume and reimbursement.” – Jack Stover, Interpace CEO
The Backstory: Interpace (NASDAQ: IDXG) is a fully integrated commercial and bioinformatics company that provides clinically useful molecular diagnostic tests, bioinformatics, and pathology services for evaluating risk of cancer by leveraging the latest technology in personalized medicine for improved patient diagnosis and management. The Company currently has four commercialized molecular tests and one test in a clinical evaluation process (CEP); PancraGEN® for the diagnosis and prognosis of pancreatic cancer from pancreatic cysts; ThyGenX® (now ThyGeNEXT™) for the diagnosis of thyroid cancer from thyroid nodules utilizing a next generation sequencing assay; ThyraMIR® for the diagnosis of thyroid cancer from thyroid nodules utilizing a proprietary gene expression assay; and RespriDX™, which differentiates lung cancer of primary vs. metastatic origin.
|
|
| |
|
| Santa Fe Gold (OTC: SFEG) Signs LOI to Acquire Two Permitted Mines |
| |
|
Santa Fe Gold Corporation (OTC: SFEG), a U.S. based mining company and owner of multiple mining claims, announced that it entered into a letter of intent to acquire two permitted mines.
Why It Matters: While there can be no assurance that the acquisition will be completed, SFEG management expects to close the acquisition and believes the material terms have been agreed upon. Due diligence has already commenced, and the next step should be to fund the initial payments.
Key Quote: “We believe potential upside to this acquisition includes the fact that we should be able to enter into a contract arrangement to commence mining operations with an experienced mining crew that is familiar with this property and we expect that the ore can be shipped directly to smelters, without the need for processing plants, significant infrastructure or major capital investment.” – Brian Adair, Chairman
Disclosure
Santa Fe Gold Corp. (OTC: SFEG) is a client of RedChip Companies, Inc. SFEG agreed to pay RedChip Companies, Inc. 1,000,000 shares of Rule 144 stock for 12 months of RedChip investor awareness services and consulting services.
|
|
| |
|
| Cemtrex (NASDAQ: CETX) Set to Disrupt $80 Billion PC Desktop Market |
| |
|
This small-cap tech stock is eyeing explosive growth by disrupting the desktop market with the world’s most advanced workstation: SmartDesk.
In 2018, Cemtrex (NASDAQ: CETX) introduced its flagship IoT product, SmartDesk, which is poised to disrupt an $80 billion market. This flagship product has no competition right now, a situation similar to the early era of Microsoft when it first launched Windows in November 1985.
Key Quote: “We have had great interest from Fortune 500 companies like Black & Decker and United Airlines to government organizations and universities. We feel that we can hit our revenue target of $500 million in three years, and we could see sizable growth in our earnings per share by reaching our goals. We could trade 10x-20x over the next three years.” Saagar Govil, CEO, Cemtrex
Disclosure
Cemtrex, Inc. (NASDAQ: CETX) agreed to pay RedChip Companies, Inc. a monthly cash fee for three (3) months of investor relation awareness services.
|
|
| |
|
| Esports Entertainment (OTCQB: GMBL) Completes $2.2M Capital Raise |
| |
|
Esports Entertainment Group (OTCQB: GMBL), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, announced the closing of a $2.2 million private placement.
Why It Matters: This latest influx of capital should help to accelerate GMBL’s growth in the multi-billion-dollar global market for esports wagering.
Key Quote: “This financing will allow us to significantly accelerate our growth plans, which have already seen us sign affiliate agreements with 176 esports teams in the last several months and will see us embark on a campaign to further partner with influential esports groups. Our shareholders should be very excited about this and have much to look forward to in the coming weeks and months.” – Grant Johnson, CEO
Disclosure
Esports Entertainment Group, Inc. (OTCQB: GMBL) is a client of RedChip Companies, Inc. GMBL agreed to pay RedChip Companies, Inc. a monthly cash fee for six (6) months of RedChip investor awareness services.
|
|
| |
|
| |
| Quote of the Week |
| |
"There are a lot of risky companies built on one or two products, be wary of those."
- Dave Maley, Manager Ariel Discovery Fund |
|
|
|
|
|
|
|
| About RedChip |
| |
| RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on small-cap and mid-cap companies. Since 1992, RedChip has delivered concrete, measurable results for its clients through the most comprehensive service platform in the industry for small-cap and mid-cap companies. These services include a worldwide distribution network for its stock research written by analysts holding the CFA designation; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated over 2.3 million unique investor views; quarterly global online institutional and retail investor conferences that reach over 10,000 investors annually; "The RedChip Money Report" television show which airs in 100 million homes across the U.S. on The Family Channel; a weekly newsletter delivered to 60,000 investors; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more. |
| |
| RedChip Disclosure |
| |
RedChip Companies, Inc. research reports, company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RedChip reports, company profiles, or other investor relations materials and presentations are subject to change. RedChip Companies and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time.
RedChip Visibility is a division of RedChip Companies, Inc. and offers research services to paying clients. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that the RedChip Companies Inc. is an investor relations firm hired by certain Companies to increase investor awareness to the small-cap equity community.
Stock market investing is inherently risky. RedChip Companies is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print.
We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov and view RedChip’s Disclosures. |
|
| |
|
|
| |
|
Copyright © 2018 RedChip Companies, Inc. All Rights Reserved.
You are receiving this message because this email address has signed up to receive News Alerts.
If you received this email by mistake you can unsubscribe from all emails.
|
|
|
|
|
|
|
