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
ISX Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held