ITEX Corp (ITEX) Offers Unique Product To Small Businesses
ITEX Corp (OTC:BB: ITEX) offers a very unique product to small businesses around the country. They operate a website which facilitates its members’ ability to "barter" each others excess inventory or services to one another without using cash.
The company instead uses "ITEX Dollars" as the main unit of currency for the member companies to exchange goods and services. This presents an interesting play for inflation. The company itself holds some ITEX dollars (as well as extends ITEX dollar credit lines to some of its customers), thereby hedging itself to some extent from the US Dollar. These units represent true and absolute buying power for other members good and services.
Momentum or Value? New Strategy Uses Both to Approach Volatile Market
Benzinga Exclusive: Lock in charter pricing to our new, shockingly simple ‘Alert System’ - targeting high-potential momentum and value plays for today’s volatile market. Only 200 spots available - click here to secure your spot now.
ITEX makes it money through fixed annual member fees and transaction fees that range from 5-9%. The company is profitable and relatively financially stable. ITEX should earn about $0.03/share this year, and has $0.07/share in cash, with no long term debt.
ITEX closed yesterday unchanged at $0.62/share.
Cut Through the Market Chaos And Get One Clear Trade Every Morning
Wild swings. Mixed signals. Uncertain trends. Every morning, we deliver one crystal-clear ‘Chart of the Day’—a high-potential setup or a crucial trade to avoid. Get ahead of the market before the next move happens. Get my chart now.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: ITEXLong Ideas Small Cap Analysis Markets Tech Trading Ideas
