SMP 0.87% $1.14 smartpay holdings limited

Terminal numbers looking very strong.+850 terminals in a quarter...

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    Terminal numbers looking very strong.

    +850 terminals in a quarter - annualised that's ~3400.

    Using the ~$990/qtr from the previous trading update, that's revenue growth of $13m on a run-rate basis. Huge.
    Granted we may not see that growth rate all the way through, but even 2500 terminals added annually is ~$10m revenue growth. Then factor in op leverage...


    All that's needed is to look through lockdowns. Even the dictatorship has revealed its way out, so it's not long now.
    (Even assuming 20% of currently unused terminals don't transact, it's still very attractive)
 
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