Voyager - VYGVF Due Diligence

Voyager is a crypto brokerage similar to Fidelity or Etrade with stocks.

Voyager is experiencing parabolic growth.



Seeking Alpha Article

quote:

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Summary
January revenue alone is expected to be 142% increase over the entire Q4 2020 revenue.
Management is working around the clock to scale the platform after seeing unprecedented growth.
VGX token and VYGVF are expected to continue to rise.
Trading volumes have accelerated even more.

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quote:

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The CEO stated that Voyager is in the process of scaling the platform to be able to handle a minimum of 10 million users and up to 100 million users. He needs to do it now because Voyager is expanding into the EU around August 2021. This will triple the potential user base of Voyager. It would be rational to assume growth can reaccelerate again in the second half of 2021.

If the recent growth rates continue into the summer, then it would be very reasonable to assume the stock and token price will continue to see huge price increases.

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Another article talking about Voyager's growth


Let's compare Voyage to the future IPO of Coinbase.

Bloomberg link on Coinbase's IPO

quote:

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The company’s shares have changed hands in recent private transactions at levels that would value Coinbase at close to $100 billion, a person familiar with the matter said. That could make it one of the biggest companies to go public since Facebook Inc.

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My math on Voyager - VYGVF vs Coinbase:
Voyager's market cap is $3B
Coinbase's market cap is $100B where it is currently trading on the private NASDAQ pre IPO

Voyager's Current share price is $24

Market Cap Difference
$100B/$3B=33
$24/share x 33 = $792/ share

When Voyager reaches Coinbase's Market cap we see a 3300% inrease in value!!!

Let's compare revenues:
Coinbase is projected to make $2.3 billion in revenue in 2021
Voyager is projected to make $0.2 billion in revenue based on January and February numbers alone.
$100B / $2.3B = 43
$3B / $.2B = 15

Coinbase is trading at 43 x revenue whereas Voyager is trading at 15 x revenue

$.2 x 43 = 8.6B Market cap
8.6B market cap = $68.8 / share!!!

***This is based on January and February #s which will pale in comparison to every single month for the rest of the year. Voyager is experiencing year to year 10,000% sales growth.

$68.8 is CONSERVATIVE!!

Also, Voyager has the cleanest app, has NO transaction fees, the most crypto choices, and the most interest bearing cryptos?

Yoyager is also set to be released in Canada, New York, and Europe later this year. That's nearly another 1 billion customer base.

Voyager plans on adding a debit card system where you can pay with the money currently in your account.

In the future, Voyager also plans on adding stock exchanges.


This image is straight from the app store:



Voyager plans to uplist to the TSX in Canada then the NASDAQ. Once the institutions start buying stock in Voyager, we will never see these prices again.