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PaySauce Limited (NZX: PYS) FY2021 Half Year Result and Interim Report

Friday 27th November 2020

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PaySauce (NZX: PYS ) shares their FY2021 Interim Report. CEO Asantha Wijeyeratne calls this report “our first reporting milestone since the dust has begun to settle on the nation’s COVID-19 situation.”

HIGHLIGHTS

- LTV: CAC of 8.8:1

- 58% ARR growth

- 37% customer growth

- Finalist in Cyber Gold Category - Wellington Gold Awards 2020

- Net Promoter Score of 76

GAAP reported total comprehensive loss for the period increased $84k from $862k to $946k. Last year’s result included $264k of income that did not recur in FY2021:

- $102k of IRD subsidy revenue which ceased as at 31 March 2020; and

- $162k in relation to the reversal of fair value adjustments

OUTLOOK

Wijeyeratne on the outlook for PaySauce in the next six months:

“Until there’s greater certainty of travelling safely overseas, we’ll continue to focus on the New Zealand market, increasingly leveraging our partners to share and support our product. We’re investing strongly in development, including bringing on three interns to design and build a new platform application via Summer of Tech, with funding from Callaghan Innovation. We’re maturing our internal structures and communications, and developing exemplary habits in this area now will lay solid foundations for the future.”

See the links below for more details:

PaySauce FY2021 Market Update

PaySauce FY2021 Interim Report

PaySauce FY2021 Interim Results Announcement

Source: PaySauce Limited



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