Smartpay Holdings Limited (NZX: SPY) Trading Update

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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