Originally Posted by
etrader
Just floating a random thought around avoiding having two tiny SAAS firms listed.
GEO / PYS (logical merger) now this is not even speculation just throwing it out there for some feedback.
Having a flick over the balance sheet, annual sales, cash on hand $6 mill and recurring revenue at a similar level to Paysauce would it make logical sense to merge.
That would take revenue to around $7 mill cash on hand and a similar mindset on SAAS outcomes.
There’s only 1300 investors and a few control nearly the entire firm so a decision to avoid multiple listings, compliance costs, director fees etc