SP1 0.00% $1.07 southern cross payments ltd

Ann: ISX AGM December quarter trading update and guidance upgrade, page-3

  1. 76 Posts.
    Highlights:
    • iSignthis has seen an increasing number of merchant clients “go live” in the December quarter.
    • Transactional volumes, a key metric for KYC & processing platform useage by our merchant clients, has seen continued growth.
    • Settlements book annual Gross Transaction Value (GTV) forward commitments have increased from the previously announced $69m to ~$75m pa. • Average net margin of 0.92% on GTV (up from 0.85%) plus a fixed fee of $0.24/transaction processed.
    • Paydentity™ service contracted by majority of merchant clients, in addition to GTV commitments.
    • Transaction volume guidance for the December quarter have increased from the previous +30% QoQ, to a revised +40% to 50% QoQ
 
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