STOCK TITAN

GlobeTopper Reports 37% MoM Revenue Growth to $4.05 Million, Driven by Strong Cryptocurrency Expansion and Digital Gift Card Demand

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Accredited Solutions (OTC: ASII) announced a 37% month-over-month (MoM) revenue growth for its subsidiary, GlobeTopper, bringing total revenue to $4.05 million for the month. GlobeTopper, a leader in the B2B digital gift card space, has benefited from the rising adoption of digital gift cards and the increasing integration of cryptocurrencies into consumer transactions. The surge in cryptocurrency values has led to a spike in e-wallet users purchasing e-gift cards, driving significant growth. CEO Craig Span highlighted the role of cryptocurrencies in reshaping traditional purchasing habits, with consumers using their gains to buy gift cards. GlobeTopper plans to expand its distribution network by onboarding additional fintech companies in the coming weeks.

Accredited Solutions (OTC: ASII) ha annunciato una crescita del fatturato del 37% mese dopo mese (MoM) per la sua controllata, GlobeTopper, portando il fatturato totale a 4,05 milioni di dollari per il mese. GlobeTopper, leader nel settore delle carte regalo digitali B2B, ha beneficiato dell'aumento dell'adozione delle carte regalo digitali e della crescente integrazione delle criptovalute nelle transazioni dei consumatori. L'aumento del valore delle criptovalute ha portato a un incremento degli utenti di e-wallet che acquistano carte regalo elettroniche, spingendo a una significativa crescita. Il CEO Craig Span ha sottolineato il ruolo delle criptovalute nel rimodellare le abitudini tradizionali di acquisto, con i consumatori che utilizzano i loro guadagni per comprare carte regalo. GlobeTopper prevede di espandere la sua rete di distribuzione integrando ulteriori aziende fintech nelle prossime settimane.

Accredited Solutions (OTC: ASII) anunció un crecimiento del 37% en los ingresos mes a mes (MoM) para su subsidiaria, GlobeTopper, llevando el ingreso total a 4.05 millones de dólares para el mes. GlobeTopper, un líder en el espacio de tarjetas de regalo digitales B2B, se ha beneficiado de la creciente adopción de tarjetas de regalo digitales y de la creciente integración de criptomonedas en las transacciones de los consumidores. El aumento en el valor de las criptomonedas ha llevado a un aumento en los usuarios de billeteras electrónicas que compran tarjetas de regalo electrónicas, impulsando un crecimiento significativo. El CEO Craig Span destacó el papel de las criptomonedas en la transformación de los hábitos de compra tradicionales, con consumidores que utilizan sus ganancias para comprar tarjetas de regalo. GlobeTopper planea expandir su red de distribución incorporando más empresas fintech en las próximas semanas.

인증된 솔루션 (OTC: ASII)은 자회사인 GlobTopper월간 수익이 37% 증가(MoM)했다고 발표하며, 이번 달 총 수익은 405만 달러에 달했습니다. B2B 디지털 기프트 카드 분야의 선두주자인 GlobeTopper는 디지털 기프트 카드 채택 증가와 암호화폐의 소비자 거래에의 통합 증가 덕분에 혜택을 받아왔습니다. 암호화폐 가치의 급증으로 인해 전자 지갑 사용자들이 전자 기프트 카드를 구매하는 것이 급증하여 상당한 성장을 이끌었습니다. CEO인 Craig Span은 소비자들이 자신의 이익을 사용해 기프트 카드를 구매하면서 암호화폐가 전통적인 구매 습관을 변화시키는 역할을 했다고 강조했습니다. GlobeTopper는 앞으로 몇 주 안에 추가적인 핀테크 회사를 온보딩하여 배급 네트워크를 확대할 계획입니다.

Accredited Solutions (OTC: ASII) a annoncé une croissance des revenus de 37% d'un mois à l'autre (MoM) pour sa filiale, GlobeTopper, portant le revenu total à 4,05 millions de dollars pour le mois. GlobeTopper, un leader dans le domaine des cartes-cadeaux numériques B2B, a bénéficié de l'augmentation de l'adoption des cartes-cadeaux numériques et de l'intégration croissante des cryptomonnaies dans les transactions des consommateurs. La montée des valeurs des cryptomonnaies a entraîné une augmentation des utilisateurs de portefeuilles électroniques achetant des cartes-cadeaux électroniques, ce qui a boosté une croissance significative. Le PDG Craig Span a souligné le rôle des cryptomonnaies dans la transformation des habitudes d'achat traditionnelles, les consommateurs utilisant leurs gains pour acheter des cartes-cadeaux. GlobeTopper prévoit d'élargir son réseau de distribution en intégrant d'autres entreprises fintech dans les semaines à venir.

Accredited Solutions (OTC: ASII) hat ein Umsatzwachstum von 37% im Vergleich zum Vormonat (MoM) für ihre Tochtergesellschaft, GlobeTopper, angekündigt, wodurch der Gesamtumsatz für den Monat auf 4,05 Millionen Dollar gestiegen ist. GlobeTopper, ein führendes Unternehmen im Bereich B2B-Digital-Geschenkkarten, hat von der zunehmenden Akzeptanz digitaler Geschenkkarten und der steigenden Integration von Kryptowährungen in Verbrauchertransaktionen profitiert. Der Anstieg der Kryptowährungswerte hat zu einem Anstieg sowohl der Nutzer von E-Wallets, die E-Geschenkkarten kaufen, als auch zu einem erheblichen Wachstum geführt. CEO Craig Span hob die Rolle der Kryptowährungen bei der Neugestaltung traditioneller Kaufgewohnheiten hervor, da Verbraucher ihre Gewinne nutzen, um Geschenkkarten zu kaufen. GlobeTopper plant, sein Vertriebsnetz in den kommenden Wochen durch die Einbindung zusätzlicher Fintech-Unternehmen zu erweitern.

Positive
  • 37% MoM revenue growth to $4.05 million.
  • Increased adoption of digital gift cards.
  • Significant impact of cryptocurrency on sales.
  • Plans to onboard additional fintech companies.
Negative
  • None.

NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), the parent company of Diamond Creek Water and the wholly-owned subsidiary GlobeTopper, is excited to announce a record-breaking 37% month-over-month (MoM) growth in revenue for GlobeTopper, bringing its total to $4.05 million for the month.

GlobeTopper, a leader in the B2B digital gift card space, partners with rewards programs, e-commerce platforms and fintech companies to distribute a wide portfolio of e-gift cards from prominent global retailers. While the company credits much of its success to the growing adoption of digital gift cards across retail and consumer markets, it also highlights the significant role that Bitcoin and cryptocurrency have played in driving growth.

Recent surges in cryptocurrency values have spurred a sharp increase in e-wallet users purchasing e-gift cards, fueling exceptional growth. As crypto values continue to rise, GlobeTopper has observed a notable shift in both consumer and retailer behavior, reflecting a growing integration of digital assets into everyday transactions.

“This surge demonstrates cryptocurrency’s potential to reshape traditional purchasing habits,” said Craig Span, CEO of GlobeTopper. “Consumers are leveraging their gains to buy gift cards - not just for holiday gifting but as a strategic way to diversify their holdings and mitigate risk.”

Gift cards are increasingly becoming a preferred bridge between cryptocurrency gains and tangible consumer spending, further underscoring the evolving role of digital currencies in the retail landscape.

Building on this momentum, GlobeTopper plans to onboard additional fintech companies in its pipeline as distribution partners in the coming weeks, further expanding its reach and market share.

"This record-breaking growth solidifies GlobeTopper as a leader in the digital gift card industry," said Eduardo Brito, CEO of Accredited Solutions, Inc. "We’re committed to driving innovation and delivering exceptional value to our partners and customers. With this success, we’re excited to see what the future holds for GlobeTopper as we continue to scale."

About GlobeTopper

GlobeTopper simplifies digital gift card distribution for businesses, offering access to over 2,700 popular brands like Amazon, Target, and Starbucks across 65 countries. The company’s innovative platform has become a trusted solution for businesses looking to streamline their gifting and rewards programs.

About Accredited Solutions, Inc.

Accredited Solutions (OTC: ASII) is a diversified holding company dedicated to acquiring and growing innovative technology-driven businesses. Through its subsidiaries, the Company aims to deliver sustainable growth and value to its shareholders.

Contact Information:
Investor Relations
Accredited Solutions, Inc.
info@diamondcreekwater.com


FAQ

What was GlobeTopper's MoM revenue growth?

GlobeTopper reported a 37% month-over-month revenue growth.

How much revenue did GlobeTopper generate in the last month?

GlobeTopper generated $4.05 million in revenue for the last month.

How did cryptocurrency impact GlobeTopper's revenue?

The surge in cryptocurrency values led to an increase in e-wallet users purchasing e-gift cards, driving significant revenue growth.

What sectors does GlobeTopper partner with?

GlobeTopper partners with rewards programs, e-commerce platforms, and fintech companies.

What are GlobeTopper's future plans for expansion?

GlobeTopper plans to onboard additional fintech companies to expand its distribution network in the coming weeks.

What did CEO Craig Span say about cryptocurrency's impact on purchasing habits?

CEO Craig Span stated that cryptocurrency is reshaping traditional purchasing habits, with consumers using gains to buy gift cards.

ACCREDITED SOLUTIONS INC

OTC:ASII

ASII Rankings

ASII Latest News

ASII Stock Data

1.33M
2.49B
6.03%
Beverages - Non-Alcoholic
Consumer Defensive
United States of America
Cornelius