It's good to see the GPTV lift from $500 to $550M in the past two months and I expect significant revenue increase for Q4, but I don't expect it to come close to tapping the $550M GPTV by 30 June given that technical issues have slowed integration in the period (these were already taking time).
Hard to say where we'll land with revenue figures, but I agree with @tradealot, it's disappointing they indicated revenue guidance would come in May and didn't then meet this expectation. This update reads like it was hastily cobbled together (responding to shareholder queries) with no clear justification why a revenue ann. won't be forthcoming before late July. The new ASX guidelines were in place and known to all in Feb, long before the 4C and report of 26 April, so no excuse here really.
Given this latest ann. comms. effort, and the fact that we have an updated total for GPTV (this quantum is the materially significant news for settlement services), I don't expect further anns. regarding contracted merchants going live, unless the SP really starts to slide and they need to firm it up... or unless something happens in one of the other two verticals.
For now, SP seems to be holding up reasonably well, suggesting that most folks here believe ISX is building a very solid business. AIMO. GLTAH R-7
