"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
61.5¢ |
Change
-0.005(0.81%) |
Mkt cap ! $148.7M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.5¢ | 60.5¢ | $187.8K | 305.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 1000 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SMP (ASX) Chart |