Consorteum Holdings Inc. provides financial services, payment and transaction processing services to firms in both the public and private sector. The company’s business strategy is to build on their expertise within the payments and transaction industry in North America, Europe and elsewhere.
The company first identifies new business opportunities and technology trends for their clients and then they develop customized solutions for their clients to meet the challenges of the fast-changing global marketplace. Consorteum is especially focused on helping their clients in several areas including: to deliver unique products and services more effectively and efficiently, improve operational performance and therefore increase revenues in existing markets, and also to enter new markets.
What distinguishes Consorteum in the marketplace is their demonstrated capability to provide clients with the right solutions. The company’s extensive relationships within the payment and transaction industries along with other world-leading companies give them the ability to provide their clients with the best possible solutions.
Consorteum has secured a number of strategic relationships and lucrative long-term (3-4 year minimum) contracts. This allows the company to continue to grow right alongside their clients and to have a very positive outlook going forward. The company has revenue projection of over $4.8 million in 2009-10 and believes they will be cash flow positive by the end of the fourth quarter of 2009, with monthly revenues of approximately $150,000, and a monthly operating expenditure of under $100,000. In addition, Consorteum is currently negotiating contracts for 2010 and beyond, worth an additional $6 million plus in revenues.
The company has built its reputation with one goal – for their customers to look at them as partners, not just another technology provider.
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