New Zealand's SmartPay falls as lockdowns in Australia hit revenue

Smartpay Holdings

20/09/2021 07:00

** Shares of SmartPay Holdings Ltd  SPY.NZ  fall as much as
3.40% to NZ$0.710, their sharpest fall since Sept 9
    ** The payments solutions provider says its acquiring
revenue from Australia operations in July and Aug down 7.3% and
15.5% to NZ$2.15 mln ($1.51 mln) and NZ$1.96 mln, respectively 
 urn:newsml:reuters.com:*:nFWN2QK0EP
    ** Says COVID-19 lockdowns primarily in the Autralian states
of New South Wales and Victoria impacted its acquiring revenue
    ** About 32,994 shares change hands, 1.4 times the 30-day
avg volume of 23,891
    ** Stock down 2% this year, as of Friday's close

    ($1 = 1.4239 New Zealand dollars)

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))