New Zealand's SmartPay rises most in 19 months on upbeat outlook, strong quarter

Smartpay Holdings

20/01/2022 01:16

** Payments solutions provider SmartPay Holdings Ltd
 SPY.NZ  soars as much as 11.3% to NZ$0.79, their biggest
intraday pct jump since June 2020
    ** Says https://www.smartpayinvestor.com/trading-update-jan-2022
 expects a positive fourth-quarter and a "strong finish" to
fiscal 2022
    ** Records third-quarter total consol rev of NZ$13.2 mln
($8.95 mln), up 43% 
    ** Average revenue per unit for Q3 at NZ$1,104, up 12% from
last year
    ** Q3 transactions processed at NZ$21.81 bln, a 78% rise
from a year ago
    ** SPY hits highest since Dec. 1, 2021; down 1.4% this year,
as of last close


($1 = 1.4754 New Zealand dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))