Discussion on the Mintos Consolidated Annual Report - AS Holdings, 2020
We have published our annual consolidated financial performance report, please find it here.
On Friday we published a brief blog post sharing highlights of the management report.
Do share your questions or thoughts in the comments below.
We see some of our industry news outlets have also shared about it - P2Pfinancenews, P2P News.
#mintos, #consolidatedreport #financialperformance #report2020 #p2pnews #p2pfinancenews
Over the weekend we saw some conversations here and there, and in one of the Telegram chats, we see a conversation about profit and loss. The user Gian is right to mention that it does take some time for new companies to be profitable if you are in the growth stage (this is where Mintos is). In this stage, companies invest in people and product the majority of their funds to broaden up the service and take it to next level. Our current ultimate focus is on becoming a regulated marketplace and start issuing Notes instead of existing claims, as a form of investment in loans (with the respective transition period for a smooth change). And that's true - we are working to deliver ETFs as well.0
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