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• Mint Wireless’ micro-transactions business has four distinct revenue streams:
o Margin received on sales of Mint’s terminal to retailers
o Recurring margin on pre-paid mobile airtime reloads
o Recurring margin on international remittance and micro-repayments
o Recurring transaction fee paid by user resulting in an inverted yield curve
• Cash flow positive business model
o Low capital expenditure – terminals are sold outright to retailers or provided under a third party operating lease
• Airtime stock sold in advance (with minimums required) to terminal owners for local and international reload of transfers
• Cash flow a factor of number of transactions per day, airtime reload amounts and remittance amounts
• High recurring rate of transaction usage through extensive distribution network of terminals - key to success
• Scalable: self-service 'plug-and-play' cash acceptance kiosks – simple to operate, rapid deployment and easily scalable globally
• Successful launch of Intermoni (fully owned subsidiary of MNW) in Singapore, focused on deploying micro-transaction services to the poorly banked population of emerging markets globally
• Acquisition of 51% of J&C Pacific in Malaysia, immediately providing the Company with operations and revenues in Malaysia and mobile technology and infrastructure that the Company will use as a base to develop its suite of micro-transactions services
• Excellent progress with terminal rollout: Orders received for 3,000 terminal in Malaysia over the next 6 months (valued at ~USD $5M) and advanced discussions with key partners in other South East Asian markets
• Capital raising: Balance sheet strengthened with over $2 million raised via institutional placement and share purchase plan
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