How does Abaxx’s technology stack and the SmarterMarkets™ Podcast contribute to revenue diversification?

Fundamental view – why the tech stack and the SmarterMarkets™ Podcast matter

Abaxx’s core “technology stack” – a modular, cloud‑native suite that powers the Abaxx Commodity Exchange, clearing‑house, and a suite of ancillary SaaS tools (e.g., data‑feeds, risk‑engine APIs, and post‑trade analytics) is being monetised on three distinct fronts: (1) transaction‑based fees from the exchange and clearinghouse, (2) software‑licensing and subscription revenues from third‑party market participants who run the same engine on their own venues, and (3) value‑added data and analytics services that command higher‑margin recurring income. By decoupling the platform from the “one‑exchange” model, Abaxx can capture revenue from a broader set of commodity markets (metals, energy, agriculture) and from non‑trading participants such as hedge‑funds, corporates, and fintechs that simply need a reliable clearing infrastructure. This multi‑layered approach dilutes the impact of any single commodity‑price swing on total earnings and upgrades the company’s gross margin profile relative to a pure exchange‑fee business.

The SmarterMarkets™ Podcast is a strategic, brand‑building channel that translates the same technology narrative into a media‑monetisation engine. The show draws industry thought‑leaders, sponsors, and advertisers who are eager to reach Abaxx’s niche audience of traders, risk managers, and commodity‑market technologists. Revenue from sponsorships, premium content subscriptions, and cross‑promotional deals now constitutes a non‑core, but growing, cash‑flow stream that is largely insulated from market‑cycle volatility. Moreover, the podcast acts as a pipeline for new platform adopters – listeners are primed to consider Abaxx’s stack for their own operations, accelerating the “land‑and‑expand” cycle and reinforcing the SaaS side of the business.

Trading implications

• Bullish catalyst: The diversification of revenue away from a pure exchange‑fee model reduces earnings sensitivity to commodity‑price cycles and regulatory headwinds. If Abaxx can sustain or grow its SaaS and podcast‑derived cash flow, the company’s earnings outlook should improve, justifying a re‑rating to a higher EV/EBITDA multiple.
  
• Risk considerations: The upside hinges on the successful rollout of the SaaS licensing model and the ability to scale the podcast’s sponsorship base. Watch for any forward‑looking guidance on SaaS ARR growth or new podcast partnership announcements in the next earnings call.
  
• Actionable signal: With the Q2 update confirming operational milestones and the continued execution of the diversification strategy, the stock is positioned for a short‑to‑mid‑term upside if the market still prices it as a “pure‑play exchange”. A buy on any pull‑back to the 20‑day moving average, with a stop just below the recent low (~$12.30), targets a 10‑12% upside to the $13.50‑$14.00 range, where the next resistance level aligns with the projected SaaS‑plus‑podcast revenue uplift. Conversely, a failure to lock in new SaaS contracts or a stagnating podcast audience could cap upside and warrant a tighter stop.