Exxe Group Inc (OTCMKTS: AXXA) is making a powerful run up the charts emerging as a volume leader in small caps topping $3 million in dollar volume per day or more. 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. The stock continues to move higher towards its February highs – investors are looking for a break over $0.179 and this one could really take off. 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. AXXA has recently executed a major expansion of its 1Myle crypto swaps which now offers transactions in 20 alt coins and its plans to introduce NFTs and gaming tokens as part of the Company’s end-to-end, digital strategy. As part of 1Myle’s objective of contributing $20M in revenue in 2022, Exxe’s crypto exchange services have added two dozen altcoins which are now available for transacting.
The Company is also making big moves in real estate and its 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. 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 Company is already doing big revenues and making money; 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 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.
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. 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. In recent months, management has alluded to an opportunity to acquire, in stages, commercial and residential assets whose values should approach an estimated $100M.
AXXA is already doing big numbers 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 Company 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.
Exxe has created a unique model for NFTs (Non-Fungible Tokens) and gaming tokens. The Company is offering an unusual soup-to-nuts solution that begins with the design, development, introduction, and marketing of NFTs and gaming tokens. At its core, Exxe takes an agnostic approach to the Metaverse. Exxe’s Daskozept solutions offer compatibility with a number of games and can select from its deep pool of experienced land acquirers, specialist artists, digital marketers, and community builders to its clients seeking to build virtual environments, cities, events, etc. Plus, Exxe is able to integrate tiered fintech transactions via 1Myle using the most popular current and future altcoins for payment processing and other related services. This all-encompassing approach shortens the time for clients of Exxe to establish and acquire a presence and activity in the Metaverse. Exxe believes that its status as a currently active, full-fledged agency leads to digital services business set to account for one-third of revenue. Thus, Exxe is well-positioned to ride the current boom led by passive and active investors and win recurring, six figure deals from large clients seeking our skillset and reach.
$AXXA moving higher 🔥 #Metaverse PowerPoint any day. AXXA has a plan to actually profit from the Metaverse rather than just use the hot keyword. pic.twitter.com/g2Dch6doRg
— Moon Market 🌑 (@MoonMarket_) December 27, 2021
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Earlier this month the Company reported on its Real Estate Portfolio valuation, planned roadmap and monetization of AXXA metaverse initiative:
- Value and monetization potential of new real estate deal greater than initially forecast
- Exxe closed $10M out of the $100M in assets, estimates show an immediate 25% increase in value
- Audits of New 100M Real Estate portfolio to be completed in the next fiscal year
- Multiple projects underway in Metaverse, digital assets to account for lion’s share of the revenue
- Exxe achieved a major milestone: $250M in assets following the closing of a recent real estate deal
- Company outlines planned physical real estate, digital services roadmap
The xxe Approach to the Metaverse – Exxe offers any style of digital space designs and makes them attractive for people to work in and play including attending events. Plus, the Company will sell features and accessory upgrades to grow communities and their engagement. Via Daskonzept, Exxe has expertise and experience in online design in commercial, retail, government, and residential communities that are rooted in the physical world and are replicable in the Metaverse. Exxe also has the unusual distinction and advantage in that it has deep experience in building and operating large, international digital communities, including in the entertainment world. The Company’s reach extends beyond design to programmers, artists, and financial transaction capabilities through our 1Myle crypto exchange. This vertically integrated concept from design to marketing to fintech, to community mobilization and interaction, should lead to a recurring revenue model for Exxe as well.
Looking Ahead
- Future press releases will detail Exxe’s achievements and roadmap in real estate and digital services. These include:
- Overview: AXXA’s Physical/Digital Real Estate Deals
- Powerpoint highlighting AXXA Metaverse Initiative
- Progress Update: 1Myle Swaps and Crypto Swaps
On December 23 AXXA announced it has executed a major expansion of its 1Myle crypto swaps which now offers transactions in 20 alt coins and its plans to introduce NFTs and gaming tokens as part of the Company’s end-to-end, digital strategy. As part of 1Myle’s objective of contributing $20M in revenue in 2022, Exxe’s crypto exchange services have added two dozen altcoins which are now available for transacting. 1Myle’s architecture enables unusually swift altcoin on-boarding, with the latest expansion occurring in just the past few weeks. Importantly, 20 newly added altcoins now offered by 1Myle are among the top 50 coins traded based on daily activity, as measured by CoinMarketCap.com. These sooner-than-expected major coin additions represent a significant step in achieving a potential 20% jump in our earlier activity expectations for the Company.
— Chase (@ChaseMacTrades) December 27, 2021
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AXXA is making a powerful run up the charts emerging as a volume leader in small caps topping $3 million in dollar volume per day or more. 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. The stock continues to move higher towards its February highs – investors are looking for a break over $0.179 and this one could really take off. 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. AXXA has recently executed a major expansion of its 1Myle crypto swaps which now offers transactions in 20 alt coins and its plans to introduce NFTs and gaming tokens as part of the Company’s end-to-end, digital strategy. As part of 1Myle’s objective of contributing $20M in revenue in 2022, Exxe’s crypto exchange services have added two dozen altcoins which are now available for transacting. The Company is also making big moves in real estate and its 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. 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 Company is already doing big revenues and making money; 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 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. 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