XTMIF - CEOs of UPST ENTEF JOBY and XTMIF Discuss Next Megatrends in Electric Aviation Fintech AI and E-Sports
NEW YORK, Feb. 16, 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: Upstart Holdings, Inc. (NASDAQ: UPST), XTM, Inc. (OTC: XTMIF) (CSE: PAID), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), and Joby Aviation, Inc. (NYSE: JOBY).
Today’s emerging technologies and lifestyle megatrends are unleashing trillion dollar market opportunities for disruptive innovation in how we live, work and play. Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:
Upstart Holdings, Inc. (NASDAQ: UPST) CEO Dave Girouard: “AI is Transforming Credit”
“...We're in a multi-decade mission to put affordable credit within reach of every American. The price of credit is the price of opportunity and the price of mobility. And we want to ensure that opportunity and mobility are available to all Americans...2021 was a remarkable year for Upstart. We grew revenue from $233 million in 2020 to $849 million in 2021, while generating net income of $137 million. And with the fourth quarter surge, we're now at more than $1 billion in revenue on an annualized basis… We find ourselves today in the strongest position Upstart has experienced to date and it's our mission in 2022 to build on the many successes of the last year. We believe in our core that AI lending isn't a one-category phenomenon, but will eventually transform virtually all flavors of credit. I'm happy to tell you that just 1.5 months into the new year, we've accomplished this goal. In fact, our auto refi funnel performance is now comparable to where our personal loan funnel was in 2019 on a channel-adjusted basis.
Based on this progress, we now expect $1.5 billion in auto loan transactions on our platform in 2022… 2021 will be remembered as the year AI came to the forefront, kicking off the most impactful transformation of credit in decades…Upstart is now about the size that Google was when I joined that company in early 2004. So I've seen this movie before and hope to use what I learned there to build Upstart into the most impactful fintech in the world…”
Upstart Holdings, Inc. (NASDAQ: UPST) Earnings HIghlights: https://www.wallstreetreporter.com/2022/02/16/upstart-holdings-inc-nasdaq-upst-q4-2021-earnings-highlights/
XTM, Inc. (OTC: XTMIF) (CSE: PAID) Marilyn Schaffer CEO: “Poised for Exponential Growth with $1 Trillion Market Opportunity”
XTM Inc, (OTC: XTMIF) (CSE: PAID) CEO Marilyn Schaffer, a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK livestream, reports XTMIF is set for exponential revenue growth as its fintech platform expands into the $1 Trillion+ US restaurant, hospitality and services market in the coming weeks.
Watch XTM, Inc. (OTC: XTMIF) (CSE: PAID) Next Super Stock livestream video: https://www.wallstreetreporter.com/2022/02/01/xtm-otc-xtmif-cse-paid-fintech-poised-for-exponential-growth-in-1-trillion-market/
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.
Watch XTM, Inc. (OTC: XTMIF) (CSE: PAID) Next Super Stock livestream video: https://www.wallstreetreporter.com/2022/02/01/xtm-otc-xtmif-cse-paid-fintech-poised-for-exponential-growth-in-1-trillion-market/
February 16, 1:00PM EST: XTMIF will be a featured NEXT SUPER STOCK presenter. Click here to join the livestream and ask the CEO your questions: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/
ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela: “60X Increase in Revenue Run Rate in 12 Months - Just The Start”
ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela, a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK investors livestream shared that revenues have increased to a CD$60 million+ run rate, with its latest e-sports acquisition. This is almost a 6,000% increase from ENTEF’s run rate less than 12 months ago. On December 1, ENTEF closed the acquisition of GameAddik, which through its wholly owned brand PWN Games, is considered one of the top CPA (cost-per acquisition) networks for gaming by gamesight.io. Game Addik generated revenue of CD$24.0 million and operating income of CD$4.7 million in FY 2020.
Konrad stated this milestone is just the beginning, as his goal is ramping ENTEF e-sports revenues to $250 million in the next 18 month through organic growth and strategic M&A - and building a multi-billon dollar global e-sports business. ESE is now rapidly expanding, with multiple revenue streams including, e-sports infrastructure software powering global tournaments, exclusive digital media distribution, broadcast rights, and owning world-class leagues and teams, including its K1CK global e-sports franchise. Konrad reported that “ESE now has a growing e-sports M&A pipeline with over $100 million annual revenues” and expected to close a significant number of these potential transactions in the coming months.
Watch ESE (OTC: ENTEF) (TSX.V: ESE) Next Super Stock livestream video: https://www.wallstreetreporter.com/2022/01/19/next-super-stock-ese-entertainment-otc-entef-tsx-ese-e-sports-metaverse-path-to-10x-upside-22/
February 16, 1:00PM EST: ENTEF will be a featured NEXT SUPER STOCK presenter. Click here to join the livestream and ask the CEO your questions: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/
Joby Aviation, Inc. (NYSE: JOBY) CEO Joeben Bevirt: “Electric Propulsion is Future of Aviation”
“...At Joby, we believe in taking on challenges that others shy away from…In the last 12 months alone, we passed our 1000th flight test and became the first eVTOL Company to have the essay sign our G1 certification basis and became the first eVTOL Company to be granted a U.S. Air Force airworthiness status…during the quarter, we flew what we believe to be the longest flight of an eVTOL aircraft to date, hovering a 154 miles on a single charge to 1-hour 17-minute flight validated our technology and design, proving yet again that Joby can accomplish things many thought impossible…Our focus as a Company is now shifting beyond engineering and initial testing to certification in commercialization. It's worth showing a contrast from the outset that we believe the right way to commercialize these aircraft isn't to sell them, but instead to operate them ourselves, delivering the service directly to our own customers. This approach allows us to better control the passenger experience and the safety of our launch. It builds a flywheel where our experience operating the aircraft can drive improvements in the vehicle overtime...”
Joby Aviation, Inc. (NYSE: JOBY) Earnings HIghlights: https://www.wallstreetreporter.com/2022/02/16/joby-aviation-inc-nyse-joby-q3-earnings-highlights/
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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
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