PPH - PushPay (Church/donor software.)

[minimoke]

Just in

Pushpay Holdings Limited (NZSX:PPH, ASX:PPH, 'Pushpay' or 'the Company') is

pleased to announce that the Company doubled total revenue to US$70 million

(unaudited) over the fiscal year to 31 March 2018. In addition, the Company

surpassed US$3 billion in Annualised Processing Volume (previously Annualised

Monthly Payment Transaction Volume), an increase of 69.1% over the year to 31

March 2018.

[drcjp]

Yup. gonna need a bigger barrel
https://www.nzx.com/announcements/316611

[sb9]

Just in

Pushpay Holdings Limited (NZSX:PPH, ASX:PPH, 'Pushpay' or 'the Company') is

pleased to announce that the Company doubled total revenue to US$70 million

(unaudited) over the fiscal year to 31 March 2018. In addition, the Company

surpassed US$3 billion in Annualised Processing Volume (previously Annualised

Monthly Payment Transaction Volume), an increase of 69.1% over the year to 31

March 2018.

Massive result and numbers...should be $5 soon.

[winner69]

A masterpiece of an announcement ....says so many brilliant things makes you wonder what’s missing

[minimoke]

A masterpiece of an announcement ....says so many brilliant things makes you wonder what’s missing

I've got that "if it seems too good to be true...." niggle. But read the announcement a couple of times and cant see anything negative. Although ACMR was only a 46.8% increase to $86.4m

[silverblizzard888]

Okay I admit I was prematue with my optimism, but this is dissappointing

[suse]

I dont think we are going to see a rocket under the share price like ATM! But that's ok. Just a nice steady increase will be happy days as far as I am concerned.

[sb9]

Okay I admit I was prematue with my optimism, but this is dissappointing

Its always good to lower expectations a bit as by now they know the trends in the industry. Will be interesting to see what the Chris has to say in the conf call at 11am.

[minimoke]

On ASX current bid = $4.21 or NZD$4.44. Will be an interesting open. In NZ currently trading at $4.35

[silverblizzard888]

Its always good to lower expectations a bit as by now they know the trends in the industry. Will be interesting to see what the Chris has to say in the conf call at 11am.

The numbers for me show something wildly off, did they sign a lot of customers for trials on offers they couldn't refuse then afterwards drop off? Not only is ACMR off by a large margin, but monthly payment averages a down quite a bit. Cause ACMR went from last quarter 106 million to 86 million this quarter a loss of 20 million. Looks like they boosted something temporarily just to get to the 100 million target cause they knew they wouldn't have gotten to it this quarter. If someone says they will write you a letter and sends you a postcard does it really count? Revenue numbers are great without context, but reason ACMR is important as its the lead indicator for what revenue to expect.