SPY - Smartpay Holdings

[winner69]

buyers on the asx market depth at 91 cents. applies nzx 98 cents

so be well over a buck by end of day

[Rawz]

IKE and SPY now the new STr great race to $2

STU and MHJ stuck in neutral

I got a few bob each way

[Joshuatree]

SPY a double bagger plus.Holding on for the ride

[Balance]

SPY a double bagger plus.Holding on for the ride

You have done well.

Got in a bit later myself but happy with the outstanding results and the momentum behind this company.

[Rawz]

its up 37% in the last 2 weeks

[Muse]

Best guess for 1H FY23 (which moves around by the hour) is revenue $35.4m, EBITDA ~$9m (up ~150% on prior year) , and NPAT of ~$3m (up ~640% on PCP). That's the thesis - maybe buy a bit more if I'm right or close enough to it

Nice result and in line with what I expected. My revenue was identical to forecast, EBITDA (per their reporting regime) about 900k too high but my NPAT came in bang in line with actual. With something growing this fast every new set of financials helps to shed some light on where and at what level investment is being made. It looks sensible to me. Nice to see another 5% added to EBITDA margins. Good net cash generation.

Not as good as you Joshuatree only up a smidge under 50% but I'll take it, especially after moving this out of my higher risk / lower conviction NZX portfolio allocation (~15% total NZX holdings) to a core allocation this year (together with with BGP, CEN, EBO, FRE, GNE, HGH, MFT, SCL, SKL, SPK, SUM, and TRA, representing the balance). FWIW anything in the payments sector I reckon is inherently higher risk, but after doing the work was content with the growth/risk adjusted balance.

Disc. Decided not to pick up any more shares this AM - the market (eventually) clocked on too early after the 2Q KPI update (including myself where I added immediately post update). I'll be keenly watching the quarterly run rates from here and the SP in between updates. An investor in this (and all shares), not a trader.

[Balance]

its up 37% in the last 2 weeks

Powering on towards $1.00 ��

[Balance]

Powering on towards $1.00 ��

And $1.00 it is on ASX.

[Balance]

There she pops ….

[Muse]

pop

Marty - CEO - gave an interview this AM w/ Coffee Microcaps over in OZ - got quite a bullish impression on the aussie transactional terminals being deployed. Big trades over on the ASX +1m shares.