Smartpay Holdings Limited Analysis

Overview

SmartPay Holdings Limited is the NZX listed Company Trading as Smartpay ("NZX:SPY") which is an innovative merchant services company providing merchants with the opportunity to better market themselves, increase revenue or save costs.

SmartPay delivers a range of managed merchant services allowing merchants to deal with one organization but realize many benefits.

The SmartPay offer to merchants uses the latest technology to bring them a range of services that is unmatched by any other single company.

Smartpay listed in March 1987.

Performance

The following information was extracted from SmartPay Holdings Limited's full year results, released 28 May 2025:

The financial performance for Financial Year 25 reflects ongoing Summary and Outlook In Australia we look forward knowing we operate in a dynamic growth into the Australian market, early investment into our New Zealand opportunity and the acquisition of a New Zealand competitor late in the first half of the financial year. The headline results include revenues of $104.7m and EBITDA of $16.6m.

The economic conditions in the year were challenging for our customers, and we have not been immune to the flow on effect of these customer impacts ourselves, with ongoing business closures at historically high levels throughout the year in the Small to Medium Enterprise segment across both countries we operate in.*

Whilst it is clear there will always be challenges, as an organisation we have a strong vision and remain focused on being prepared, agile and maintaining strong business fundamentals that assist us to navigate these challenges whilst we continue to grow. Viewed in the context of the economic environment, the challenges confronting our customers, and the aforementioned emergence of competitors endeavouring to replicate our offerings, we consider 8.5% growth in revenue over the Financial Year an outstanding achievement

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