Business

Why Investors need to add PotNetwork Holdings to their News Alerts Today

Published

6 years ago

July 23, 2019

With the U.S. legal cannabis market estimated to bring economic gains of as high as $77 billion by 2022. At the forefront of the cannabis revolution are big industry players such as Canopy Growth (NYSE:CGC), Tilray (NASDAQ:TLRY), Aurora Cannabis (NYSE:ACB), GW Pharmaceuticals (NASDAQ: GWPH), and Cronos Group (NASDAQ:CRON).

These stocks represent the biggest hitters in the cannabis world but they still face fierce competition. One growing company has recently taken steps to mark itself out as a potential challenger to their dominance, PotNetwork Holdings, Inc. (OTCMKTS:POTN).

PotNetwork Holdings now a fully reporting entity

PotNetwork Holdings works through a number of highly specialized subsidiaries. Among its properties are First Capital Venture, Co., Diamond CBD, Inc., Grinders Distribution, and PotNetwork Media Group, Inc. which publishes the PotNetwork News and PotNetwork Magazine—all of which are strong market performers in their own rights.

Early July, PotNetwork Holdings officially registered its common stock under the Securities Exchange Act of 1934. With this, the company will be filing its annual and quarterly financial results as required by federal law and all related regulations.

This means that like other serious players in the cannabis industry, PotNetwork Holdings will now be reporting its cash flow, receipts, disbursements, income, and balance sheet, as well as its projected outlook for the coming quarter and fiscal year. It now has the responsibility to show investors and stakeholders proof of how financially healthy its operations are. This is an important step that demonstrates the intention of POTN to play an important role in the cannabis sector moving forward.

The marijuana stock to watch

In January, Harbinger Research gave PotNetwork Holdings stock a rating of “Strong Speculative Buy.” The firm gave it a price target of $0.192 to $0.337 per share. The firm stated that for all the rich opportunities PotNetwork Holdings offers, the stock is currently undervalued. It is looking forward to a “significant upward revision” in its price target range as 2019 unfolds.

The firm highlighted that Diamond CBD is currently the strongest growth driver for PotNetwork Holdings because of its creative products such as CBD slushies and vending machines, as well as top-known brands like Chong’s Choice. Diamond CBD has also successful brands that have the potential to dominate the market. Among these are CBD-infused Chill Coffee and MediPets.

PotNetwork Holdings, the stock for investors’ consideration

PotNetwork Holdings is a relatively young company established in 2015. With its financial achievements and expansive portfolio, the company has taken a necessary step towards full transparency with its present and future investors and to be in compliance with the regulations.

This step is an important one towards propelling POTN to the top of the CBD sector.

Business

Black Banx Group — Third Quarter 2025 Results

Published

16 hours ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.