NZ's SmartPay hits near 10-year high on upbeat outlook, strong results

Smartpay Holdings

18/01/2023 22:43

** Shares of SmartPay Holdings Ltd  SPY.NZ  jump as much as
8.7% to NZ$1.380, highest since March 26, 2003
    ** The payments solutions provider says it is looking
towards a "strong finish" to FY23
    ** Posts quarterly unaudited total consolidated revenue of
NZ$21.2 mln ($13.66 mln) vs NZ$13.2 mln 
    ** Says Australian total transaction value up 74% y-o-y
    ** Stock marks biggest intraday pct gain since Dec 5
    ** Volumes are 3.6x the 30-day average of 28,221 shares 
    ** Stock rose 44.4% in 2022
($1 = 1.5518 New Zealand dollars)
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))