SMP 0.93% $1.09 smartpay holdings limited

Even with the additional spend on marketing/sales, we should see...

  1. 3,575 Posts.
    lightbulb Created with Sketch. 477
    Even with the additional spend on marketing/sales, we should see significant bottom line impacts here. Very rough numbers:

    $1249/qtr in revene per terminal
    14520 * 1249 * 4 = $72.5m NZ revenue annualised
    at 50% margins ~ $36m (they were closer to 55% last report)

    Take out $13m to run the place + another $4m on marketing... You're left with $19m EBITDA.

    For a company growing revneue at over 10% QoQ... that is mouth watering.
 
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