ASII's GlobeTopper Platform: The Numbers That Matter
Rhea-AI Summary
Accredited Solutions (OTC: ASII) has shared key metrics about its newly acquired GlobeTopper digital gift card platform. The business generates $37 million in annual revenue, partners with over 2,700 brands including Amazon, Target, and Starbucks, and operates in 65 countries. GlobeTopper facilitates digital gift card distribution for businesses to their customers and employees, offering a faster alternative to traditional physical gift cards. The company recently demonstrated its efficiency by helping a Fortune 500 company distribute holiday gift cards to 10,000 employees across 12 countries in less than one day.
Positive
- Established revenue stream of $37 million annually
- Extensive partnership network with 2,700 major brands
- Global presence in 65 countries indicating strong market penetration
- Demonstrated capability to handle large-scale enterprise clients
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ASII gained 40.00%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), the parent company of Diamond Creek Water, today shared key facts about its newly acquired GlobeTopper business, showing why this digital gift card company is set for strong growth.
The Business in Simple Terms:
- GlobeTopper helps businesses send digital gift cards to their customers and employees
- Currently makes
$37 million in yearly revenue - Works with over 2,700 popular brands like Amazon, Target, and Starbucks
- Operates in 65 countries worldwide
"Think of GlobeTopper as a digital gift card powerhouse," said Eduardo Brito, CEO of Accredited Solutions. "When a large company wants to reward thousands of employees with holiday gift cards, they use our platform to make it happen quickly and easily. We make money every time a gift card is sent through our system."
Why This Matters for Investors:
- Strong Revenue:
$37 million in annual revenue shows the business is already successful - Growing Market: Digital gift cards are replacing plastic cards, creating more opportunity
- Global Reach: Operating in 65 countries means room to grow in each market
- Big-Name Customers: Major companies already trust and use the platform
Real Business Example: Last month, a Fortune 500 company used GlobeTopper to send holiday gift cards to 10,000 employees across 12 countries. The entire process took less than one day using our platform, compared to weeks with traditional physical gift cards.
Craig Span, CEO of GlobeTopper, added: "We're processing more gift cards every month as companies switch from plastic to digital. With the holiday season coming up, we expect to see our biggest quarter ever."
What's Next:
- Expanding to more brands beyond our current 2,700
- Growing in our existing 65 countries
- Adding new features to attract more large companies
- Regular updates on our business growth every two weeks
About Accredited Solutions, Inc.
Accredited Solutions (OTC: ASII) owns GlobeTopper and plans to buy more technology companies that can work together to grow faster. The company trades on the OTC Markets under the symbol ASII.
About GlobeTopper
GlobeTopper makes it easy for businesses to send digital gift cards anywhere in the world. The company serves thousands of business customers and processes gift cards for over 2,700 popular brands.
Important Note
Some statements in this press release are about future plans and expectations. These plans might change based on various factors. Please do your own research when making investment decisions.
Contact Information
For more information: Investor Relations Accredited Solutions, Inc.
eduardo@diamondcreekwater.com
FAQ
What is GlobeTopper's current annual revenue under ASII?
How many brand partnerships does ASII's GlobeTopper platform have?
In how many countries does ASII's GlobeTopper operate?
What was GlobeTopper's recent Fortune 500 client achievement?
