At Blockchain Stocks, we try to research and analyse the Crypto stocks with good trading potential. Crypto currencies falling crazily with speculations in 2018, however some fundamental stocks flourished.

Read : Why Digitalx (ASX:DCC) Surged More Than 100% in Recent Period?

One Stock which grabbed our attention is – Katipult Technology Corp. (formerly Deha Capital Corp.). Ever since been listed on the TSX Venture Exchange (Canadian Stock Exchange) in November 2017, Company’s share price has provided the whopping returns of 535% in less than 9 months period. In this article, we provided the basic information about the Company and it’s latest news. More analysis to follow in next articles.

Introduction

Company Name – Katipult Technology Corp.

Ticker – (TSXV:FUND) (OTCMKTS:KTPPF)

Sector – Financial Technology

Market Capitalisation – (TSXV:FUND) (OTCMKTS:KTPPF)

52-week Low – $0.25

52-week High – $1.72

Current Market Price – $1.59

Description of the Business – (source:Sedar report filing)

Katipult is a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform (the “Platform”). The Platform includes features and functionality that enables firms to offer securities to various types of investors. The Platform automates many components of investor and investment management including components of financial transactions, investment marketing, and dividend payouts.

Katipult works with its customers to customize the Platform during set-up and integration in order to design a white labeled, customer-facing website that has the functionality of the Platform. Once the Platform is set up, the customer is largely self-sufficient with the exception of ongoing administrative and customer support provided by Katipult.The Platform includes modules for various user types, including investors, issuers, administrators and auditors, among others. Administrators, as selected by customers from their staff, are provided with a content management system which allows them the ability to manipulate content on the Platform.

In exchange for a monthly management fee, Customers benefit from software updates, new features and technical support. The main distinction between revenue streams is the one-time setup fee that varies depending on the size and complexity of the customer, and the monthly recurring revenue that is paid to ensure support, updates and new feature roll outs. A small percentage of revenue (<5%) is earned for additional customization of the website and features.

Financials –

Capital Structure –

Katipult Technology (TSXV:FUND) Analysis Conclusion

Katipult Technology stock has shown a Supernova pattern in very short period.

On one hand, the stock price may be justified (confirming after doing the research) and it may go further up based on fundamentals and business growth. On another, it will take courage to buy this stock at such high levels.

For the time being, we believe it would be best to keep this stock under radar and allow more information to come in.

Also Read : Technical Breakouts in Crypto Mining Chipmakers – Intel & AMD

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