Exxe Group Inc (OTCMKTS: AXXA) continues to move steadily higher with power in recent days since days emerging as a top traded stock in small caps trading $6 million in dollar volume on Monday alone. Currently under heavy accumulation AXXA is quickly turning into an investor favorite and is currently among the most actively searched and talked about stocks in small caps. AXXA is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over February highs of $0.179 and its blue skies ahead for AXXA.
There is a lot to get excited about AXXA; an early adopter of the Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. AXXA is already doing big numbers recently reporting it generated record quarterly results for both revenue and net income for the 3rd quarter. Revenue for 1Q22 was $13,279,551 as compared with $8,154,139 for the same period a year ago, and $11,022,713 for 1Q22 which ended just ninety days earlier. As noted in the table above, revenue increased by 62.9% year-over-year and 20.5% sequentially. Net income was $2,894,289 versus $1,249,894 last year and $1,831,875 in 1Q22. The Company’s real estate portfolio includes a collection of commercial real estate assets including hotels, mortgages, rental properties, and undeveloped land located in Germany, Switzerland, Eastern Europe, Canada and the US.
Exxe Group Inc (OTCMKTS: AXXA) is a diversified fintech corporation focusing on acquisitions in the following sectors: real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company. The Company strategy is to acquire controlling equity interests in undervalued companies and undertake an active role in improving their performance – accelerating their growth by providing both access to capital and management expertise. Since 2018 Exxe Group has successfully executed 28 acquisitions across several industries.
The Company operates 4 subsidiaries in Real Estate, FinTech, Digital & Diversified Technologies, and Agribusiness. AXXA diversified asset base includes majority controlling interests in multiple entities across a wide range of industries and countries, as well as minority interests in selected startups. The Company’s real estate portfolio includes a collection of commercial real estate assets including hotels, mortgages, rental properties, and undeveloped land located in Germany, Switzerland, Eastern Europe, Canada and the US.
Exxe has enjoyed substantial revenue and net income growth in the current FY22 fiscal year, ending in March 2022. The Company generated record quarterly results for both revenue and net income for the 3rd quarter. Revenue for 1Q22 was $13,279,551 as compared with $8,154,139 for the same period a year ago, and $11,022,713 for 1Q22 which ended just ninety days earlier. As noted in the table above, revenue increased by 62.9% year-over-year and 20.5% sequentially. Net income was $2,894,289 versus $1,249,894 last year and $1,831,875 in 1Q22. The substantial year-over-year and sequential changes in net income were 131.5% and 58%, respectively. The Compnay is targeting record revenue and net income for the current year of $49M-$53M and a net margin of 15-20%. Based on current and projected trends of key business lines, AXXA continues to target outsized growth from current business and prospective acquisitions.
AXXA is an early adopter of the Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. The Metaverse represents the convergence of the physical and digital worlds and the next stage in the evolution of the internet, e-commerce, social networks, and digital communities. This market presents a unique opportunity for a rare set of early adopters that have the capabilities to capitalize on these new revenue streams. Management believes AXXA is well-positioned through leverage of Exxe’s success in physical M&A and business management, along with its digital strategy which already encompasses core tenets of the Metaverse. Thus, Exxe’s initiative sets the stage for broad participation in the growth of the Metaverse ecosystem.
$AXXA Metaverse Initiative this is huge! $25M value addition/quarter this is insane, all the businesses are growing. Their diversification is amazing and the management is great. what else do you need? This is a great share to invest for long term not to trade with. Great price https://t.co/Fb62j17B7k
— Eli’s ARMY OTC4life (@reliable_always) December 9, 2021
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As an early adopter, Exxe stands to potentially generate major returns on investment and revenue growth. Initial steps have been established during 2021, leveraging our digital communities and including the digital asset purchase of land inside of popular and emerging spaces in the Metaverse. According to Bloomberg, content, and offerings that successfully pivot towards the digital world can capture greater user engagement both in the Metaverse and in the physical world, thereby accelerating revenue and fostering brand and consumer loyalty.
Other prospective steps include the establishment of AXXA-centric, diversified offerings throughout the ecosystem. For example, Daskonzept’s in-demand online design capabilities, coupled with the 1Myle cryptocurrency provide Exxe with major leverage and an early mover advantage over companies who have exposure to the Metaverse or are contemplating such moves. Exxe blends experience in generating ROI on physical real estate, revenue from online design, and other critical concepts. Importantly, since transactions must be executed in digital currencies, Exxe has a rare advantage over nearly all firms in the space since 1Myle is an active crypto swaps exchange and services provider. As a result, management plans to announce its expanding presence and offerings in the Metaverse, along with revenue and ROI growth throughout 2022.
On December 9 AXXA announced its plans to transform the way real estate and business services industries conduct business while concurrently serving as early adopters and providers of digital assets, products, and services as part of the AXXA Metaverse Initiative. At the strategy’s core, the Company is already simultaneously expanding its reach in the two key segments: physical real estate and digital real estate assets. In this fashion, Exxe serves as a two-way digital and physical conduit and can integrate its successful approaches in physical business M&A with its digitization strategy, thus utilizing these methodologies to rapidly take advantage of lucrative opportunities in the Metaverse.
In recent months, management has alluded to an opportunity to acquire, in stages, commercial and residential assets whose values should approach an estimated $100M. The first stage is set to close in early 2022 of which the first ten million will be added in the current quarter and it is anticipated that with each closed stage, $25M in assets should be added to the Company’s real estate portfolio, per quarter. The portfolio includes approximately 250 residential units along with commercial property and land. The property is mostly dispersed throughout Germany’s largest cities along with other Western European nations. Management anticipates that traditional revenue will be generated from these commercial and residential properties along with other recurring revenue via the introduction and leverage of its digitization and services integration strategy to current and future tenants in these properties. The path to closing on $100M in properties will be detailed in future releases on a staged basis, beginning in early 2022.
$AXXA
Exxe Group Inc. pic.twitter.com/caGjd3JVsf— Randylus (@randylus) December 13, 2021
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AXXA continues to move steadily higher with power in recent days since days emerging as a top traded stock in small caps trading $6 million in dollar volume on Monday alone. Currently under heavy accumulation AXXA is quickly turning into an investor favorite and is currently among the most actively searched and talked about stocks in small caps. AXXA is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over February highs of $0.179 and its blue skies ahead for AXXA. There is a lot to get excited about AXXA; an early adopter of the Metaverse projected to reach $800 billion in 2024 according to a recent analysis by Bloomberg, IDC, PWC, Statista, and Two Circles. AXXA is already doing big numbers recently reporting it generated record quarterly results for both revenue and net income for the 3rd quarter. Revenue for 1Q22 was $13,279,551 as compared with $8,154,139 for the same period a year ago, and $11,022,713 for 1Q22 which ended just ninety days earlier. As noted in the table above, revenue increased by 62.9% year-over-year and 20.5% sequentially. Net income was $2,894,289 versus $1,249,894 last year and $1,831,875 in 1Q22. The Company’s real estate portfolio includes a collection of commercial real estate assets including hotels, mortgages, rental properties, and undeveloped land located in Germany, Switzerland, Eastern Europe, Canada and the US. We will be updating on AXXA when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AXXA.
Disclosure: we hold no position in AXXA either long or short and we have not been compensated for this article
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