SPY - Smartpay Holdings

[Muse]

2H FY22 should have been well profitable. and FY23 looking great

The 2nd half result was even better!

Full year announcement out. $11.1m EBITDA and NPAT of $3.1m. But the vast majority of that earnt in a clean 2nd half

2H FY22 EBITDA of $7.352m vs 1H $3.744m.

2H FY22 NPAT of $2.679m vs $0.4m in the first half

The business is rapidly scaling and absolutely hoovering marketshare in Australia, exploiting Tyro's weakness. Good result given the lockdowns across both NZ and AU over the financial year. With unit roll outs continuing at pace and revenues locked in from those and no further lockdowns FY23 should show a substantial step-up it profitability on the year just been, and FY24 on that.

Nice to see the benefits of scaling and long may it continue. I look forward to its earnings (and SP) in 3 years.

My two cents only...DYOR.

[Mel]

I've recently bought in - solid result, with good growth potential. Good to also hear that March 2022 was a record month.

[Co0p_New]

Very pleasing result. FY23 should be a cracker.

[Muse]

Very pleasing result. FY23 should be a cracker.

yup. and the 1H FY23 (end of september) should show NPAT many, many multiples up on 1H FY22.

trading up 13% on the ASX - at A$0.67 on the ASX, or NZ$0.734. On the NZX, smartpay trading at 0.685, or about a 7% discount to the NZD price on the ASX

[Joshuatree]

The 2nd half result was even better!

Full year announcement out. $11.1m EBITDA and NPAT of $3.1m. But the vast majority of that earnt in a clean 2nd half

2H FY22 EBITDA of $7.352m vs 1H $3.744m.

2H FY22 NPAT of $2.679m vs $0.4m in the first half

The business is rapidly scaling and absolutely hoovering marketshare in Australia, exploiting Tyro's weakness. Good result given the lockdowns across both NZ and AU over the financial year. With unit roll outs continuing at pace and revenues locked in from those and no further lockdowns FY23 should show a substantial step-up it profitability on the year just been, and FY24 on that.

Nice to see the benefits of scaling and long may it continue. I look forward to its earnings (and SP) in 3 years.

My two cents only...DYOR.

Nice summary.Take out the covid effect and future earnings will be even brighter.

[na2m1]

Feeling positive about this business. Been buying since last year after I saw more and more Smartpay machines in takeaways and retail shops.

[Co0p_New]

Another ripper of an update. Pretty happy to hold this one for a while :-).

[Muse]

Another ripper of an update. Pretty happy to hold this one for a while :-).

Q1 revenue smashing it - up 48% on Q1 last year

should be exceptionally profitable now, given the strong profit performance in 2H FY22.

[winner69]

Q1 revenue smashing it - up 48% on Q1 last year

should be exceptionally profitable now, given the strong profit performance in 2H FY22.

So share price should be over a buck sooner than later?

I'm all for a quick 50% profit

[Muse]

So share price should be over a buck sooner than later?

I'm all for a quick 50% profit

down 1.5% on $10 worth of trade in the first 3 minutes LOL