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Spenda Limited Continues to Deliver Sustainable Growth with 14 Consecutive Quarters of Growth and Key Milestones Achieved — ASX:SPX| ASX Mining News & Discussion
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Lykeshares Official
$SPX Spenda Limited Continues to Deliver Sustainable Growth with 14 Consecutive Quarters of Growth and Key Milestones Achieved
Spenda Limited (ASX: SPX, “Spenda” or “the Company”) has released its quarterly Activities and Cash Flow report for the quarter ended 30 June 2023 (Q4 FY23), demonstrating another quarter of impressive growth. The Company has delivered material increases in all key leading indicators, including a ~50% increase in cash receipts from customers from the prior quarter, marking 14 consecutive quarters of growth.

Several leading indicators performed exceptionally well, with a 68% growth in loan facility since inception, lending services peaking at $13.4m in the quarter, an average portfolio yield of 21.06% for the financial year ending 30 June 2023, and a 100% increase in payments volume. Additionally, Spenda saw an 8% rise in customer growth from the prior quarter, with this upward trend expected to continue into the future.

Spenda’s commitment to innovation and a strong client focus has enabled the Company to achieve a key milestone, processing its first $100m in ...
Spenda Limited Continues to Deliver Sustainable Growth with 14 Consecutive Quarters of Growth and Key Milestones Achieved

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?