Doing Well By Doing Good: SOFI, XTMIF, NRRWF and VEON Driving Revenue Growth By Serving Essential Financial and Communications Needs |
Tuesday, 22. March 2022 14:50 |
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NEW YORK, March 22, 2022 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEOs of: SoFi Technologies (NASDAQ: SOFI), XTM, Inc. (OTC: XTMIF) (CSE: PAID) NuRAN Wireless (OTC: NRRWF) (CSE: NUR) VEON Ltd. (NASDAQ: VEON). Social responsibility and sustainable profit go hand in hand, now more than ever. Wall Street Reporter highlights the latest comments from CEO’s of disruptive innovation companies driving revenue growth by serving their communities essential needs. XTM, Inc. (OTC: XTMIF) (CSE: PAID) Marilyn Schaffer CEO: “Poised for Exponential Growth with $1 Trillion Market Opportunity” XTMIF is a fintech company in the neo-banking space, providing mobile banking and payment solutions specializing in the hospitality, personal care and service industries throughout North America. XTMIF’s Today(™) app gives employees same day access to their earned wages and tips, via a mobile wallet and app. Same day access to tips and wages is a critical benefit in today’s tight labor market, and gives restaurants and services a competitive advantage in recruiting and retaining staff. XTMIF’s revenues are accelerating as more businesses adopt its fintech platform as a means to attract and retain staff. CEO Marilyn Schaffer says XTMIF is poised for exponential growth in 2022 as it expands into the US market from Canada, and increasingly adapted by large restaurant and hospitality operators. Revenues are now scaling with +20-25% growth month-over-month. Marilyn shares that XTMIF’s revenue growth will be further turbocharged as it layers on additional services in the app, and further monetizes its large and growing user base. XTMIF is also eyeing a number of strategic acquisitions in the fintech space in coming months. NuRAN Wireless (OTC: NRRWF) (CSE: NUR) CEO Francis Letourneau: NRRWF provides telecom operators in Africa a turnkey “Network as a Service” (NaaS) infrastructure solution, specializing in rural and remote areas. NRRWF has developed carrier-grade mobile networks, and towers using solar power that are ideally suited for rural and remote environments in developing economies such as Africa where 300 million people have zero mobile coverage. Mobile connectivity in the developing world is a vital lifeline for healthcare, jobs, trade and education. NRRWF currently has contracts in place with blue chip telcom’s like Orange S.A. for services in Cameroon, Democratic Republic of Congo, and with MTN Group in South Sudan for 2,492 sites, which it is now rolling out. These initial 10 year contracts are expected to generate $50 million annual revenues with EBITDA of 50%. NRRWF plans to roll out to at least 10,000 mobile telecom sites in Africa over the next 5 years, which is expected to generate $220 million annual revenues with $110 million EBITDA. At typical multiples in the sector, this could value NRRWF at over $1 billion. VEON Ltd. (NASDAQ: VEON) CEO Kaan Terzioglu: “4G Expansion is Driving Revenue Growth” SoFi Technologies, Inc. (NASDAQ: SOFI) CEO Anthony Noto: “Building the AWS of Fintech” WALL STREET REPORTER Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com. Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Full disclaimer, and relevant SEC 17B disclosures here: https://tinyurl.com/2x4eznd5 About Wall Street Reporter’s Next Super Stock conference: Wall Street Reporter's NEXT SUPER STOCK Live! conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead. Click here to join next livestream event: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/ CONTACT: WALL STREET REPORTER (212) 871-2057 ext 7
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