Page 12 - demo Golden pond document
P. 12
A2pay investment proposal 11
A2Pay Financial Services
The company is extremely fortunate in that, following successful trials, it has obtained funding from SASME at
2% below prime. The funds are only repayable after 5 years.
This is an exceptionally profitable business model made possible by A2Pay’s close relationship with the
merchants and understanding of their businesses.
Forecast show earnings before interest and tax of around R7 million for the 19 months period to March 2021
rising to R16 million in 2023.
A2Pay Financial Services
Financial highlights
2021 2022 2023
(19 months) Apr to Mar Apr to Mar
No of new loans:
First 2292 1000 1000
Repeat 1176 3000 3500
Total 3468 4000 4500
Advances R 116 115 000.00 R 175 000 000.00 R 200 000 000.00
Loan book (at period end) R 33 000 000.00 R 50 000 000.00 R 57 000 000.00
Net profit bef tax R 7 755 000.00 R 14 600 000.00 R 16 000 000.00
