Highlights ● Strong growth across all key operational performance metrics: ○ Total Merchants reached 624, up 97% on PCP (Q3 2018: 317) ○ Total Customers (shoppers) of 235,000, up 187% on PCP (Q3 2018: 82,000) ○ Merchant Transaction Volume of US$30.5M, up 100% on PCP (Q3 2018: US$15.2M) ○ Merchant Fees of US$466K, up 96% on PCP (Q3 2018: US$238K) ● New merchants include well-known brands Kogan.com, Philips Respironics and Ableton ● Significant partnerships and integrations with GHL (~2,000 merchants) and Ally Commerce (Philips Respironics), plus Shopify (~800,000 merchants) and Divido (~1,000 merchants) post quarter ● Additional merchants signed post quarter end, including Chili Technology, Eight Sleep, Ace Marks, Nili Lotan, Bluefly, Ashford and 1800-Accountant ● Well-funded to execute growth ambitions, with US$16.1M in cash as at 30 September 2019, plus US$4.5M in future repayments from merchants
SPT Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held