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ORCODA LIMITED — Capital/Financing Update 2013
Oct 1, 2013
65482_rns_2013-10-01_a3aceccc-6ac6-4b68-84b0-0acc5360863d.pdf
Capital/Financing Update
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2 October 2013
SmartTrans China Sales Growth
SmartTrans' China product line MyLife continues to achieve strong revenue growth.
During September the company focussed on:
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Ø Growing total monthly revenue;
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Ø Increasing the average revenue per user;
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Ø Reducing the cost of acquisition of new users.
Between August and September, revenue increased by nearly 300%, average revenue per user increased by approximately 192% and the cost of acquisition per user fell by approximately 9%.
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The company expects revenue growth to continue in the coming months as it refines its market strategies, adds new content and increases the value of billing transactions to a growing customer base.
For further information contact:
Bryan Carr Director SmartTrans Australia 0412 111 968 China +86 138 1188 8401
Beijing Melbourne Sydney P erth 6th Floor, West Tower, Level 1 G.05 Suite 3, Level 1 Prosper Center 10 Queens Road 55 Miller St 614 Newcastle Street 5 Guanghua Road MELBOURNE PYRMONT LEEDERVILLE BEIJING CBD, 100022 VIC 3004 NSW 2009 WA 6007 Ph: +86 (010) 8573 1101 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: (08) 9228 1199