Revasum: Appoints new COO and provides outlook update

Revasum Appoints new COO and provides outlook update

  • Revasum (RVS) has appointed Alejandro Garcia as the company’s Chief Operating Officer
  • Mr Garcia will be responsible for leading the company’s operational processes and a planned infrastructure scale-up
  • Meanwhile, the platform continues to forecast total revenue of between US$13.3 million (A$16.7 million) and US$15.6 million (A$21.9 million) will be achieved in FY21
  • Looking further ahead, Revasm expects US$25 million (A$35.11 million) to US$35 million (A$49.2 million) worth of revenue to be generated in FY22
  • RVS shares ended Tuesday trading at 57 cents per share
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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