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Smartpay Holdings Limited (NZX: SPY) Trading Update

Wednesday 20th January 2021

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The Board of Smartpay is pleased to provide the following trading update following the completion of the third quarter to 31 December 2020 of the 2021 financial year.

Highlights

• Australian acquiring revenue continues to show strong growth: December quarter up 75% year-on-year; 35% up on previous quarter.

• Australian acquiring margin continues to trend upward.

• Australian transacting terminals at 5,775 reflecting positive ongoing customer acquisition through the quarter (end Q2:4,611).

• Our New Zealand business is stable with an increase in revenue contribution through the quarter (+2% Q3 FY21 vs Q2 FY21).

All of the above points to a positive outlook for the remainder of FY21 and beyond.

See the link below for more details:

Trading Update

Source: Smartpay Holdings Limited



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