Mintos Summary 2018 – April
Another continue of Mintos summary 2018 series. April was not that high performing as March, but still pretty decent. I think I got too greedy and was expecting the same high results to be standard. As net ROI in march 2018 was 1,24% p.m. it dropped to 0,92% p.m. which is still great, don’t get me wrong. The reason for this are the delayed payments from short-term loans, which were waiting for the buyback guarantee. With this in mind I expect the higher gains in May. So I am not worried, I still can see that my money are working for me well.
| Year | Month | Account balance [€] | Investments | Deposit | Earnings [€] | ROI p.a. [%] | ROI p.m. [%] |
| 2017 | July | 761.52 | 63 | N/A | N/A | ||
| 2017 | August | 765.9 | 75 | 4.38 | 6.90 | 0.58 | |
| 2017 | September | 774.62 | 78 | 8.72 | 13.66 | 1.14 | |
| 2017 | October | 781.82 | 81 | 7.2 | 11.15 | 0.93 | |
| 2017 | November | 791.02 | 82 | 9.2 | 14.12 | 1.18 | |
| 2017 | December | 800.26 | 86 | 9.24 | 14.02 | 1.17 | |
| 2018 | January | 1202.22 | 89 | 390.96 | 11 | 16.49 | 1.37 |
| 2018 | February | 1219.13 | 132 | 16.91 | 16.88 | 1.41 | |
| 2018 | March | 1234.27 | 136 | 15.14 | 14.90 | 1.24 | |
| 2018 | April | 1245.57 | 140 | 11.3 | 10.99 | 0.92 |
Mintos reaches profitability in 2017
This one is a GREAT and important news. I was little bit worried, that the longer Mintos is in red numbers, the higher there is a chance it might go down. But since the company is already profitable (EUR 196 000 in 2017) I trust it even more. It’s easier to invest into a profitable company than to a falling one. And Mintos doesn’t want to stop, they are planning to increase their net profit 2-3x times in 2018. Also their staff is growing, they are planning to double their headcount (currently 50 people) till the end of the year.
Next steps
- As I was talking in the previous post, I am sure now I will send more money into Mintos and expand my investment there.
- I bought a ticket for CashFlow Summit Olomouc 2018 which is organised by Investree. I am really excited about this one. Once it’s finished (26/05/2018), I will share my thoughts about it in another post.
Leave a Reply