Openpay Reports its Half Yearly Results; Revenue Up 58%

February 11, 2020 01:06 PM AEDT | By Team Kalkine Media

Google News:

Recent News

Dalai Lama’s 90th: A Global Celebration of Compassion, Peace, and Wisd...

FAIR PLAY MENARINI INTERNATIONAL AWARD, A WAVE OF EMOTIONS MARKS THE 2...

RITFIT's 2025 Strategy: Elevating Home Fitness with Personalized, Prof...

Global Times: Xiamen: A paradigm that combines top-level design with a...

Openpay Group Ltd (ASX: OPY), a buy now, pay smarter company, has provided an update on its operational, cash and liquidity performance for 1HFY20. The company witnessed strong growth in January 2020 numbers, with Total Transaction Value (TTV) for the month ended 31 January 2020 at $15.7 million, and revenue of $1.9 million which also indicates pcp growth rates of 86% and 58% respectively.

The company has total available cash of $46.3 million as at 31 January;
It is expecting full year Earnings Before Tax (EBT) in the range of $35 million to $45 million.

At AEST 12:51PM, the stock was trading at $1.275 per share, up 3.659% from its previous close.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.