Highlights
Total sales revenue for the quarter of $931k – up 24% on the corresponding period last year
Year-to-date revenue of $2.89m, with $1.52 from China operations and $1.37m from Australia
Revenue of $1.04m in last four months in China, exceeds revenue there for all of FY2014
Year-to-date revenue of $2.89m compared to same period 2014 of $1.73m – a 67% increase
Focus on China operations paying off with SmartPay platform delivering nine consecutive months of revenue growth
SmartTrans passed the milestone of billing one million customers in China in 9 months
Subscription billing in China achieving recurring revenue with retention rate at over 70% per month
New deal for Direct Carrier Billing with China Mobile is immediately enhancing SmartTrans’ revenue stream
Innovative ‘Love Finance’ mobile product to be launched in May with China Telecom targeting its 188 million¹ customers
SmartTrans maintains focus on two core growth divisions – SmartPay platform in China and logistics software business
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