New record for SmartPay China with revenue of $357,000 in April
• Tenth consecutive month of revenue growth for SmartPay online platform in China
• Revenue growth of 19% from the previous month
• Year-to-date revenue for China operations now $1,807,000 – almost 100% up on the entire FY2014
($927,989)
• Majority of growth being driven by Direct Carrier Billing partnership with China Mobile
• Over 35% of revenue is recurring and passive with minimal ongoing cost to the Company
New record for SmartPay China with revenue of $357,000 in April...
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