Trading Update
https://www.nzx.com/announcements/405514
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Trading Update
https://www.nzx.com/announcements/405514
Growth still looking good.
I always like reading the management outlook commentary:
Q1 Outlook was:
With acceleration in our Australian customer acquisition and improvement in New Zealand trading conditions, Q1 FY23 has further improved from the growth momentum delivered in FY22. As we scale further into our Australian opportunity, and ultimately increase the breadth of awareness of our unique Australian customer proposition, it is clear our solution is resonating strongly with our target market.
Q2 Outlook was:
Accelerated growth momentum continues, setting the foundation for a strong second half to FY23 With further acceleration in customer acquisition resulting in improvement in our key metrics in quarter two FY23, we are seeing an immediate return on our increased investment in marketing and sales. This strong start to FY23 sets a a solid foundation for the remainder of the financial year.
Q3 Outlook today is:
With acceleration in customer acquisition continuing and an ongoing measured approach to investment in growth, we look towards a strong finish to the 2023 financial year.
Nice update. In past years the Q3 terminal adds have been subdued so nice to see continued strong growth this year. FX being a drag is a bit of a bummer.
Aussies ruined the rally
She got legs again :)