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CoinSmart Financial Inc. (SMRT.NE)

NEO - NEO Real Time Price. Currency in CAD
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0.7600-0.0400 (-5.00%)
At close: 03:40PM EST
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  • D
    Duane
    I just jumped in yesterday. Interesting crypto play.
  • M
    Mark
    ALWAYS Bullish when buyin back shares. Been watchin this one too long, time to jump aboard.....
  • E
    Erni
    $2.15m CAD of Revenue in December. do you have my attention now?
    Q4 has had $5.89m of revenue.
    Buying more today.
    Bullish
  • L
    Luke
    Bout time!
    Bullish
  • E
    Erni
    Almost 2 mill revenue in November. keeping this pace we could easily get to a revenue run rate of $24 million. Bitbuy was bought yesterday for approximately $206 million and had a revenue of $30 million the last 12 months. so that would undervalue us by about 3.5- 4x with the current price. Do your own math.
    Bullish
  • D
    Dustin
    market valuing the company at $17 million. They are probably going to have revenue about $17 million over the next year (and growing).
  • E
    Erni
    Haywood stopped selling yesterday and they started buying. They're one of their initial investors who helped on the IPO.
    PI was loading today as well.
    The volume is still low and the stock is very unknown.
    There's still an opportunity to buy this at a deep discount.
  • E
    Erni
    34k shares. continuing to accumulate here.
    Justin said they're waiting for early investor selling pressure to release then they're going to ramp up marketing. 30-60 days from now we'll be flying.
  • L
    Luke
    Hopefully they will release another monthly performance for Nov. and hopefully that's another record one. That would prove they will do well even when the crypto market is down.
  • M
    Mark
    BRUTAL VOLUME
  • F
    Franny
    what is up this thing??? down 15% in 24h snd bitcoin is up 5% already today!!!
  • E
    Erni
    I'm not worried at all with SMRT price for now. there's barely any coverage on it. and the volume is very very low, meaning a good time to accumulate. Mark my words, when this will start moving up, it will fly. if you see the market depth in this you can move it to 1.00 with less than 100k in cash. no need to apply that pressure now when Mesa has still some stock to sell though.
    Coinsmart is has cash at the amount of half their market cap. and their mcap is 2x revenue run for this year. Ignore it at your own risk. you'll come here 2-3 months from now and say how you didn't buy more when it was on the 80 cents.
  • F
    Franny
    October 2021 Highlights:

    Record Monthly Revenue of $1.8MM

    Record Assets Under Management (AUM) of $74MM

    Cash Flow Positive

    Approx $18MM in cash and cash equivalents and $3MM in crypto assets for a total of $21 million ($0.35 per share)[2] as at November 29,20210

    No debt
  • E
    Erni
    I've been adding on this while dropping. Their market cap/ rev is 3.4 x with around 25million in their treasury and a market cap of 48 million.
    The volume is super low and most don't know about this yet. once ETFs start picking this up it can easily go to $3.
    Bullish
  • j
    jaceriggs
    it is all about next financial report. Hope it bottomed out now , i am buying at .60c
    Bullish
  • B
    Bruce
    Nice looking October earnings released today , Looking forward to seeing what comes in the next few weeks GLTA
  • L
    Luke
    Ok that's it. I'm refinancing my home to yolo this.
  • L
    Luke
    Putting my money where my mouth is - as of today holding 160K shares at $0.92 ave cost. Home is refinanced.
  • F
    Franny
    CoinSmart CEO Justin Hartzman commented:

    "October was a tremendous month for CoinSmart as we achieved record revenue, assets under management and company cash and crypto assets on our balance sheet. This bodes well for Q4 as our team continues to work feverishly to make crypto currency accessible to all."
  • E
    Erni
    Coinsmart and Bitbuy are the only 2 companies in the crypto space having a marketplace license. this is not a restricted dealer license. this is bigger, they can actually match their customers orders with a marketplace license.
    Bullish
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