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ORCODA LIMITED — Capital/Financing Update 2015
Aug 11, 2015
65482_rns_2015-08-11_e4baa409-d8c3-46d1-9570-e702bd45e71c.pdf
Capital/Financing Update
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SmartTrans!breaks!through!milestone!of!4.3!million!customers!using! SmartPay!platform!in!China!with!1.2!million!customers!billed!in!July!
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SmartTrans!now!has!4,393,000!customers!who!have!transacted!via!SmartPay!platform!
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1,227,500!customers!billed!in!the!month!of!July!alone!as!growth!continues!
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Revenue!from!China!operations!grew!strongly!in!July!–!growth!to!be!reflected!in!Q1!FY2016!results!
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Platform!of!recurring!revenue!coupled!with!growing!inMApp!purchases!underpins!further!growth!in!China!
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SMA!assessing!revenueMgenerating!opportunities!from!Data!Analytics!being!gathered!from!SmartPay!!
12!August!2015: !Mobile!and!online!payments!platform!and!logistics!software!provider! SmartTrans!Holdings!Limited (ASX:! SMA)! (‘SmartTrans’! or! ‘the! Company’) ! is! pleased! to! announce! that! in! July! the! Company! recently! achieved! the! significant! milestone!of!4!million!customers!who!now!transact!via!its!SmartPay!platform!in!China,!with!1,227,500!customers!billed!in!the! month!of!July!alone.!SmartTrans!now!has!4,393,000!customers!who!transact!via!SmartPay,!some!across!multiple!channels.!
This!announcement!comes!just!over!four!months!after!SmartTrans!announced!it!had!reached!the!1!million!customer!mark!(ASX! 31!March!2015),!demonstrating!the!rapid!growth!and!uptake!the!Company!is!now!achieving!with!the!SmartPay!platform.!The! Company!is!greatly!encouraged!by!this!latest!milestone,!which!it!considers!to!be!a!reflection!of!the!popularity!of!the!range!of! apps!and!content!now!available!to!consumers!via!the!platform!across!a!wide!range!of!channels.!
SmartTrans!is!confident!that!the!ongoing!growth!in!the!number!of!customers!who!transact!via!SmartPay!is!largely!due!to!the! credibility!earned!by!the!company!working!inMmarket!with!multiple!content!and!app!providers!from!China!and!forms!a!solid! foundation!for!foreign!companies!seeking!to!enter!the!market.!!
The!Company!maintains!a!mixture!of!recurring!and!passive!revenue!from!subscription!revenue!which!does!not!require!any! further!marketing!spend!to!maintain!and!a!growing!base!of!inMApp!purchasing!revenue!sourced!from!third!parties!using!the! Company’s!billing!platform.!
SmartTrans!is!pleased!that!in!July!it!again!achieved!a!new!monthly!revenue!record!with!strong!growth!recorded.!This!will!be! reflected!in!the!first!quarter!revenue!for!FY2016!which!will!be!reported!in!October.!!
SmartTrans!Managing!Director,!Bryan!Carr,!commented:!“This!is!yet!another!fantastic!milestone!for!the!Company!with!our! SmartPay!platform!in!China!and!is!an!incredible!achievement!from!our!billing!platform!launched!in!July!last!year.”!
“Our!SmartPay!China!payments!platform!incorporating!Direct!Carrier!billing!arrangements!with!both!China!Mobile!and!China! Telecom!is!providing!excellent!growth!in!customer!numbers!and!revenue.”!
With!the!planned!expansion!of!the!Direct!Carrier!billing!service!into!additional!major!provinces,!along!with!a!growing!number! of!third!parties!wishing!to!utilise!our!reach!to!consumers!through!SmartPay,!we!feel!that!there!is!still!much!untapped!potential! for!us!in!China.”!
‘The!fact!that!we!billed!over!1.2!million!customers!in!the!month!of!July!alone!has!resulted!in!another!strong!monthly!revenue! result!for!our!China!operations!and!I!look!to!updating!shareholders!on!this,!along!with!our!preliminary!full!year!results,!in!the! near!future.”!
Mr! Carr! said! the! Company! was! now! assessing! ways! in! which! it! can! monetise! the! Data! Analytics! being! gathered! from! the! SmartPay!platform,!a!source!of!revenue!yet!to!be!tapped.!“We!are!gathering!significant!analytical!data!on!consumer!spending! habits!and!trends!through!SmartPay!and!this!is!very!valuable!data!to!marketers,!advertising!agencies!and!consumer!goods! companies.!This!is!proprietary!data!to!SmartTrans!and!the!unlocked!value!of!this!is!significant.”!!!
–!ENDS!–!
Melbourne Sydney Beijing Level 1 Suite 37 101, Building 22, 10 Queens Road 401 Pacific Highway Courtyard 4 Gongti Bei Lu MELBOURNE ARTARMON Chaoyang District VIC 3004 NSW 2064 BEIJING CBD, 100027 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: +86 (10) 6500 0910
Further!information!please!contact:! About!SmartTrans! Bryan!Carr! SmartTrans)Holdings)Limited)(ASX:)SMA))is)a)leading)Australian)technology)and)software)provider)that) Managing!Director!! has)developed)a)mobile)and)online)billing)and)payment)platform)for)the)China)market.)The)company)has) agreements)in)place)with)China)Mobile,)China)Unicom,)China)Telecom)CMPay,)UnionPay)and)Alipay.)With) AUST:!+61!412!111!968!! the)growing)use)of)the)smartphone)as)a)billing)device)in)China,)the)company)is)experiencing)significant) CHINA:!+86!138!1188!8401! uptake)of)its)technology)in)that)market.)SmartTrans)has)also)developed)cuttingIedge)proprietary)logistics) software)which)is)used)by)some)of)Australia’s)leading)blueIchip)organisations)who)have)long)term) Media!inquiries!to:!Ben!Jarvis,!! contracts)in)place)with)the)company.)SmartTrans)is)assessing)growth)opportunities)for)its)logistic)offering) Six!Degrees!Investor!Relations:!! in)China)to)complement)its)mobile)and)online)payments)platform. +61!413!150!448!
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http://www.smarttransholdings.com http://www.twitter.com/SmartTrans_SMA
Melbourne Sydney Beijing Level 1 Suite 37 101, Building 22, 10 Queens Road 401 Pacific Highway Courtyard 4 Gongti Bei Lu MELBOURNE ARTARMON Chaoyang District VIC 3004 NSW 2064 BEIJING CBD, 100027 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: +86 (10) 6500 0910