Xtm Inc Stock Price, News & Analysis

XTM Inc. reported a substantial revenue increase of 112% in Gross Dollar Value (GDV), a non-IFRS performance metric, for the year 2022, marking a 200% growth over 2021. The CEO, Marilyn Schaffer, expressed satisfaction with the results and highlighted the complexities brought by the rapid growth of transaction volumes. To further enhance its services, XTM is integrating new revenue streams, including the Today Goals™ subscription tool, and is set to launch its SAAS Timely™ module in the coming 30-45 days.

XTM operates in the fintech sector, providing payment solutions and staff management services to the hospitality and personal care industries. The company aims to facilitate earned wage access through its technology.

XTM Inc. (QB: XTMIF / CSE: PAID) announced it will be unable to file its audited annual financial statements for the fiscal year ending December 31, 2022, by the May 1, 2023 deadline due to a recent auditor change and increased transaction volumes. In response, the company has requested a management cease trade order to allow continued trading of its shares by non-insiders. XTM expects to complete the audit and file the necessary statements by May 19, 2023. The corporation confirms it is not facing insolvency and will provide bi-weekly updates regarding the status of the filing. XTM is a fintech innovator providing wage access solutions to the hospitality and personal care sectors through its Today™ app.

XTM Inc. has announced the integration of People2.0 into its Today Financial™ platform, enhancing its offerings for Earned Wage Access (EWA) and staff management solutions. This partnership aims to improve the employee experience through digital automation and access to earnings. Marilyn Schaffer, CEO of XTM, emphasized the impact of collaboration with key innovators like Shean Dillon of U. Inc. and Curtis Khan of BookJane in disrupting the workforce sector. People2.0 is recognized as a leader in enabling flexible, mobile work arrangements, providing support services and benefits to remote workers globally. This move positions XTM as a leading fintech innovator in the hospitality and service sectors.

XTM Inc. (XTM), a Miami and Toronto-based fintech company, announced the launch of its Timely™ product, designed to incentivize healthcare workers with monetary bonuses for fill-in and surge shifts. Utilizing its collaboration with Payfare for US banking, Timely is built on the Today Financial™ Platform, integrating features like time and attendance tracking, geo-location, and gamification to boost employee engagement. With over 50,000 healthcare users from BookJane, XTM aims to address labor challenges in the healthcare sector and enhance worker motivation. The initiative is expected to drive shareholder value and improve operational engagement.

XTM Inc. has achieved a remarkable milestone by onboarding 78 locations of a hair salon franchised network to its Today program within 24 hours, marking a 680% increase from previous daily records. The fintech company, known for its payment solutions and staff management innovations in the hospitality sector, emphasizes the role of automation in scaling its operations. CEO Marilyn Schaffer expressed confidence in meeting client needs as they expand their offerings. Recently, XTM announced new ancillary revenue streams gaining market traction, showcasing its ongoing commitment to innovation.