Exxe Group Stock Price, News & Analysis

Exxe Group (OTC PINK: AXXA) announced a significant expansion of its 1Myle crypto swap service, adding 20 popular altcoins to enhance its offerings. This move is projected to increase revenue by 20% above initial forecasts of $20M for 2022. The company also plans to introduce NFTs and gaming tokens, leveraging its innovative architecture for swift onboarding and enhanced security. Exxe aims to enter the US market in 2022, capitalizing on the evolving regulatory landscape. The CEO emphasized the potential for increased trading activity and recurring revenue through integrated digital services.

Exxe Group (AXXA) reported a successful initial closure of $10M in a $100M real estate acquisition, projecting a 25% immediate value increase. This marks a milestone of $250M in total assets. The company anticipates growing rental income and extending its digital services portfolio in the Metaverse, expecting it to represent a third of its revenue within 18 months. Management plans to enhance property values through upgrades and is positioned to leverage its expertise across physical and digital assets. Future updates will detail progress in various initiatives.

Exxe Group, Inc. (AXXA) is poised to enhance its real estate portfolio significantly, targeting a total asset increase of $100M across various stages of acquisition. The first phase is set to close in early 2022, promising an addition of $25M in real estate value each quarter. Additionally, Exxe has launched the AXXA Metaverse Initiative, focusing on integrating physical and digital assets to capitalize on a projected $800 billion market opportunity in the Metaverse. This dual strategy aims to leverage existing resources to drive revenue and growth.

Exxe Group, Inc. (AXXA) has clarified revenue targets in a recent press release. The company aims for $100M in revenue with a net margin of 15-20% for the fiscal period ending March 2023. For the current fiscal year ending March 2022, Exxe anticipates revenues between $49M and $53M, also targeting a similar net margin. The firm operates in diverse sectors, focusing on acquisitions to improve company performance and capitalize on growth opportunities.

Exxe Group (OTC PINK:AXXA) aims for $100M in annual revenue and over 15% net margins by fiscal 2024, following significant growth in revenue from $3.8M in 2020 to $24.3M in 2022. Their strategy includes digitizing and tokenizing business operations. The firm is targeting $49M-$53M in revenue with 15-20% margins for fiscal 2022, while shareholder equity increased by 34.6% to $156.5M. Upcoming plans include a single business audit and potential public spin-offs to enhance shareholder value.

Exxe Group reported record growth in its financial performance for the second quarter of 2022, with a 62.9% revenue increase to $13.28M compared to the same quarter in 2021. Net income surged by 131.6% to $2.9M. Over six months, revenue reached $24.3M, an increase of 68%, while net income rose 83% to $4.73M. The company also saw significant increases in gross profit and margin. Exxe plans to release a corporate roadmap on Nov. 29.

Exxe Group, Inc. (OTC PINK:AXXA) announced strong quarterly performance, with three business lines recording an average revenue growth of 42% from June to September 2021. Key assets include MMeditech GmbH with $1.4 million in revenue (40% increase), Daskonzept Group AG at $1 million (29% increase), and MMOTO GmbH at $2.1 million (57% increase). CEO Dr. Eduard Nazmiev expressed that this performance exceeds expectations and demonstrates effective business strategies. Full results will be disclosed on November 15, 2021.

Exxe Group (OTC PINK:AXXA) has launched a revamped corporate website, enhancing its portfolio and investor relations. This upgrade marks the beginning of a new communication strategy aimed at improving connections with shareholders and potential investors. The company, a diversified fintech with interests in various sectors, aims to acquire undervalued assets and improve their performance.

Management plans to provide regular updates and utilize modern communication platforms to engage a broader audience.

Exxe Group (OTC PINK:AXXA) announced significant upgrades to its crypto-currency exchange, 1Myle, forecasting $20 million in revenue over the next year. Key enhancements include increased scalability, AI trading integration, and improved customer portals. The platform benefits from a partnership with a major exchange network that receives over 6 million visitors monthly, driving expected customer and transaction growth. The upgrades focus on infrastructure and trading capabilities, with plans to offer more digital assets, including Ethereum and Tether.