Investor Relations
Investor Relations
TAP is a social enterprise meaning it is a privately held company which generates revenue to cover its costs (but not to make profit). If we report any surplus it will be donated to the mental health charity (MIND). All shareholders understand that dividends will never be paid.
TAP has been financed so far (whilst its revenues are still growing) by both the Founders and by external investors who now own shares in Thank and Praise Australia Pty Ltd. Our shares have increased in value significantly as the TAP platform is adopted by more and more organisations and TAP is part of a group of companies which includes Thank and Praise Ltd and Thank and Praise America Inc in Q2, 2022. We are still actively receiving new investment by interested investors as we progress to financial sustainability.
We have a mission to change the world and make it a better place by enabling people to quickly, easily and securely to send messages of thanks and show appreciation. By expanding our platform to thousands of organisations and millions of users across 3 continents we intend to become the global digital currency of thanks. But in order to become truly global we would need to partner with a global social media or a eCommerce organisation with a truly global reach. This future partnership will enable our investors to see a real return on their investment in TAP.
Australian investors will likely qualify for tax incentives, which include: a 20 per cent non-refundable carry-forward tax offset on amounts invested and a 10 year exemption on capital gains tax for investments held as shares Further details on these tax benefits are viewable here: https://treasury.gov.au/national-innovation-and-science-agenda/tax-incentives-for-early-stage-investors
If you are interested in learning more about how you could support TAP and become a share holder, please contact us and we can share with you our investor deck and give detail on how to invest.
We have a mission to change the world and make it a better place by enabling people to quickly, easily and securely to send messages of thanks and show appreciation. By expanding our platform to thousands of organisations and millions of users across 3 continents we intend to become the global digital currency of thanks. But in order to become truly global we would need to partner with a global social media or a eCommerce organisation with a truly global reach. This future partnership will enable our investors to see a real return on their investment in TAP.
Australian investors will likely qualify for tax incentives, which include: a 20 per cent non-refundable carry-forward tax offset on amounts invested and a 10 year exemption on capital gains tax for investments held as shares Further details on these tax benefits are viewable here: https://treasury.gov.au/national-innovation-and-science-agenda/tax-incentives-for-early-stage-investors
If you are interested in learning more about how you could support TAP and become a share holder, please contact us and we can share with you our investor deck and give detail on how to invest.