"The margin in theory should improve, but it has moved materially in the last few halves & i cant recall them explaining that (perhaps the improvement may to do with both smp & vendor passing on fees to consumer?!)"
The key reasons for improved unit economics were mentioned in the FY22 annual report.
1. Improved Revenue
- Increased move to Smartcharge (68% to 77% from beginning to end of FY22)
Expected to continue as that's where the majority of marketing spend is directed.
- Increase in TTV per unit.
Due largely to targeting specific industries and consumer types
2 Decreasing Cost of Goods
- As scale increases, SMP incur lower switching and scheme fees per transaction.
It really is a thing of beauty.
"The margin in theory should improve, but it has moved...
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Last
$1.22 |
Change
0.025(2.09%) |
Mkt cap ! $290.7M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.24 | $1.21 | $27.15K | 22.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 3373 | 1 |
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| Last trade - 15.57pm 07/05/2024 (20 minute delay) ? |
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Last
$1.22 |
Change
0.025 ( 1.67 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.22 | 3217 | ||
| Last updated 11.01am 07/05/2024 ? | |||||
| SMP (ASX) Chart |