Highlights
• Revenue for quarter of $2.46 million - a record for SMA and representing a 144%
increase on the prior corresponding period of $1.01 million
• China operations deliver revenue of $2.28 million as SmartPay platform continues
growth trajectory
• Company achieves another milestone with revenue of $1.07 million for month of
September alone in China
• Direct Carrier subscription billing service now available in seven major provinces in
China with reach to potential 460 million mobile subscribers¹
• Love Finance product launched with China Telecom and generating revenue
• SmartTrans receives maiden logistics revenue after successful implementation of
new automotive module with Yanfeng Visteon Automotive in China
• SMA working closely with Yanfeng Visteon Automotive to identify further
opportunities in automotive sector in China
• Company will use financial flexibility to scale up and strategically expand SmartPay
into additional major provinces
• SmartTrans poised for further growth through SmartPay and now logistics business
in China
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- Ann: Appendix 4C - quarterly
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