Zoompass Holdings Inc (EM) (ZPAS)

Zoompass Announces Financial Results for the Sept 30, 2021.
Press Release | 01/14/2022
VANCOUVER, BC / ACCESSWIRE / January 14, 2022 / Zoompass Holdings Inc. (Formerly OTCQB:ZPAS- Exempt) (the "Company" or "Zoompass") a leading developer of blockchain and payments technology platforms, is pleased to announce a summary of its fiscal third quarter 2021 unaudited financial results for the nine months ended September 30, 2021. ( All figures in USD)

Zoompass' operating revenues for the nine-month period ended September 30, 2021 increased by 30% to $982,721, as compared to $758,007 for the same nine-month period in 2020. Gross Margin stood at 52%, as compared to 47% for the ninth month ended September 2020, a 5% improvement during these challenging economic times.

Operating expenses were $2,016,856 vs $2,185,120 an improvement of $168,264 (8%) while managing a 30% increase in revenues. The company will continue to manage its growth and focus on cost mitigation so as to reach breakeven as quickly as possible without damaging its growth prospects.

Loss before taxes for the nine months ended September 30, 2021 were $(1,498,290) vs $(1,887,251) in the prior period once adjusting for the one time Goodwill write-off in the prior year, shows and improvement of 21% or $388,961. Prior to the goodwill adjustment Loss before taxes improved from $(16,251,466) in 2020 to a loss before taxes of $(1,498,290).

Net Cash used in operating for the nine months ended Sept 30, 2021 improved by $170,759 to $(161,881) vs $(332,640) in the prior period. The company continues to manage cashflow tightly. Its ending cash position was slightly improved year over year.

Zoompass' CEO, Manny Bettencourt, commented, "The Q3 YTD 2021 results show that we can and will continue to make improvements to the operation of the business. We are pleased with the steady development in the businesses, and we continue to execute on our core business plans. The company expects to continue to face headwinds due to COVID 19 which has delayed its growth cycle in the last two year, however the Company remains confident of securing the necessary partnerships to ensure global expansion and capital adequacy. The company continues to build out its deal pipeline which should result in growth over the next fiscal years."

just another hennypennyaz play gone awry! Shes quite the pusher

bettencourt, roberts, naik. I hope someone takes these guys out. you know what i mean.

Weird. It looks like volume is way up, too.

ooops someone got screwed buying at .05 lol

What the heck??

that ceo better not be walking by himself in a secluded alley

if they hadnt sold, looks like theyre screwed. I tried to call and email the CEO weeks ago and never got an answer. he doesnt give one sht about anyone. looks like Hennypenny left everyone in the dirt again.

Where did everyone go? Is everyone out of ZPAS?

this about to blow up!

looks like some trading!

$ZPAS 10-K: ZOOMPASS HOLDINGS, INC. 9/28/2021 Annual Report https://www.marketwatch.com/press-release/10-k-zoompass-holdings-inc-2021-09-28?reflink=mw_share_twitter

$ZPAS BUY WHILE YOU CAN!!! BIG NEWS COMING SOON...

$ZPAS UP 32% at the high of the day...

$ZPAS ASK at 0.12, with 0.0115 as the high of the day...trading near its 10-day average volume!

Zoompass Holdings In (ZPAS) 0.115 +0.025 (27.78%)
Volume: 26,750

$ZPAS is trading at almost a third its 10-day average volume with 2.5 hours left in the day.

$ZPAS is trading at almost half its 10-day average volume with 3 hours left in the day, UP 20%.

whats that going to do if in less than 1 week you cant even trade this?

$ZPAS Expecting big update coming here!

yea pffffr

Looking for an update from $ZPAS...

$ZPAS is pleased to announce that its wholly owned subsidiary Virtublock OU has secured the approvals and in-region business relationships necessary to launch its global cryptocurrency exchange in the European Union (EU.)

https://finance.yahoo.com/news/zoompass-subsidiary-secures-approval-european-141500829.html

$ZPAS Moving nice on the green zone!

Agreed...but with a wide spread, it'll be difficult to get $ZPAS shares on the BID.

Good afternoon StockHighAlert and $ZPAS!

The BID and ASK spread needs to tighten up...then I think we'll see more active trading.

As well, $ZPAS updates on this News below would help.


June 23, 2021

Zoompass Achieves Critical Milestone Payment
https://finance.yahoo.com/news/zoompass-achieves-critical-milestone-payment-144000327.html

$ZPAS nice dip-buying opportunity here!

Good morning $ZPAS players

It was a question...but after further investigation, it looks like $ZPAS hasn't filed anything since March 2021.

you are? they cant even file. huh?

Not far off. Thanks for confirming! $ZPAS

$ZPAS Q3 numbers due by October 15th?

Looking forward to Q3 numbers. $ZPAS

Would like to see some dimes drop on $ZPAS.

No, actually you are incorrect but I'm looking for $ZPAS to close at a dime or higher.

yea june news and so far crappy sp

Zoompass Holdings In (ZPAS) 0.095 +0.02 (26.67%)
Volume: 9,400

$ZPAS Zoompass Holdings Inc received in Q2, a milestone payment of $200,000 USD of a committed upfront fee of $350,000 USD from Rockwood Digital Assets

https://finance.yahoo.com/news/zoompass-achieves-critical-milestone-payment-144000327.html

so what. it was .10 ask all day

$ZPAS 0.095 taken out... ASK at 0.10!

Obviously, UP. Maybe you like to buy high and sell low but I make money when I trade stocks. Thank you for asking. $ZPAS

lol. lets go? which direction? unreal

$ZPAS last price at 0.08, BID 0.085! Let's go!

$ZPAS trading over 3x its 10-day average volume. It would have been nice to get some 0.068s.

lol idiot sellers. look how the ask jumped right back up

nice buying!

Ahahahahahahaha. No, crypto is my interest.

i see. a frontloader

$ZPAS is trading in a range since I joined...