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ORCODA LIMITED — Earnings Release 2016
Oct 14, 2015
65482_rns_2015-10-14_e5833c8c-1e85-463e-8c73-da16ac9edc34.pdf
Earnings Release
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**SmartTrans
delivers
record
revenue
of
$2.27
million
from
China operations
for
Q1
FY2016
as
growth
continues**
- Record
revenue
of
$1.063
million
for
month
of
September
alone
SmartTrans
Holdings
Limited ASX:
SMA An
Australian
based Technology
Solutions
Company
Corporate Structure:
Shares
on
issue: 2206
M Unlisted
Options:
166
M Market
Cap:
$AUD
73
M 52
week
high: 3.8
cents 52
week
low: 0.9
cents
Directors:
Dr.
Geoff
Raby Non-‐Executive
Chairman
Mr
Bryan
Carr CEO
&
Managing
Director Mr
Andrew
Forsyth Non-‐Executive
Director Mr
Yui
(Ian)
Tang Non-‐Executive
Director Mr
Greg
Simpson Non-‐Executive
Director Mr
Ian
Hawkins Executive
Director
Melbourne
Office: Level
1,
10
Queens
Road
St
Kilda Melbourne
VIC
2000
Australia Beijing
Office: Room
101
Building
22
Courtyard
4 Gong
Ti
Bei
Lu
Chaoyang
District Beijing
100027
PR
China Phone
(Aus): +61
(03)
9866
7333 Phone
(China): +86
(10)
6500
0910 Website: www.smarttrans.com.au Twitter: www.twitter.com/SmartTrans_SMA
-
Demand
for
SmartPay
payments
gateway
continues
to
grow
as
more companies
look
to
transact
via
mobile
billing
in
China -
Revenue
from
SMA’s
China
Logistic
operations
kicks
in
–
initial
$90,000
of revenue
booked
in
September
based
on
first
product
offering -
Diversification
and
expansion
strategy
for
SmartPay
and
SMA’s
China
Logistics investment
now
paying
off
15
October
2015: SmartTrans
Holdings
Limited
(ASX:
SMA)
(SmartTrans
or
Company) is pleased
to
announce
that
the
Company
has
recorded
record
revenue
from
its
operations
in China
of
$2.27
million
for
the
quarter
ended
30
September
2015.
This
compares
to
$1.19 million
revenue
from
the
previous
quarter,
a
91%
increase
and
an
increase
of
1,461%
on
the previous
corresponding
quarter
for
FY2015
($145k).
Pleasingly,
monthly
revenue
from
China
operations
topped
$1.0
million
in
September
for the
first
time
in
SmartTrans’
history,
a
positive
milestone
for
the
Company.
This
was
driven by
increased
revenue
from
the
growth
in
transactions
processed
through
the
SmartPay platform,
and
a
maiden
revenue
contribution
of
approximately
$90,000
from
SMA’s
China logistics
operations
with
the
delivery
of
the
initial
phase
of
its
auto/logistics
system.
SmartTrans
attributes
the
significant
quarterly
revenue
growth
from
SmartPay
to
the ongoing
diversification
and
expansion
of
the
wide
variety
of
Apps
and
content
being marketed
to
Chinese
consumers
through
the
Company’s
distribution
and
channel
partners.
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China&Revenue&
$1,200,000#
$1,000,000#
$800,000#
$600,000#
$400,000#
$200,000#
$0#
Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15
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Revenue
from
SmartTrans’
operations
in
China
for
Q1
FY2016
The
Company
has
focussed
on
the
strategic
marketing
of
its
product
base
and
increased marketing
expenditure
to
promote
the
range
of
Apps,
content
and
offerings
available
through SmartPay
to
enhance
customer
retention,
growth
and
derived
revenue
streams
in
the
current quarter
and
beyond.
_**Integrity
/
Innovation
/
Inspiration
/
Information**_
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SmartTrans
Managing
Director,
Bryan
Carr,
stated:
“This
revenue
performance
from
our
China
operations
is pleasing.
It
validates
our
business
model
and
demonstrates
that
we
can
significantly
increase
revenue
through strategic
marketing
programs
for
the
right
content.
September’s
revenue
from
SmartPay
sets
a
new
monthly revenue
base
and
benchmark
for
anticipated
future
growth.
“
“We
are
confident
that
the
strategic
marketing
spend
we
have
made
in
China
during
the
quarter
will
continue to
generate
revenue
in
the
coming
months
and
into
the
second
half
of
FY2016.”
“We
are
also
very
encouraged
by
the
small
but
meaningful
maiden
revenue
contribution
from
our
China auto/logistics
operations.
We
are
confident
about
the
strength
of
this
partnership
and
the
potential
to
deliver future
revenue.
“I
look
forward
to
updating
shareholders
further
on
our
activities
and
initiatives
across
the
business
in
our quarterly
report
towards
the
end
of
the
month.”
**Provinces
in
China
covered
by
SmartTrans
SmartPay**
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Source:
http://tieba.baidu.com/p/2537083595
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**–
ENDS
–**
For further information please contact: About
SmartTrans
Bryan
Carr Managing
Director SmartTrans
Holdings
Limited
(ASX:
SMA)
is
a
leading
Australian
technology
and
software AUST:
+61
412
111
968 provider
that
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 CHINA:
+86
138
1188
8401 Telecom,
UnionPay
and
Alipay.
With
the
growing
use
of
the
smartphone
as
a
billing
device
in China,
the
company
is
experiencing
significant
uptake
of
its
technology
in
that
market. Media
inquiries
to:
Ben
Jarvis, SmartTrans
has
also
developed
cutting-‐edge
proprietary
logistics
software
which
is
used
by Six
Degrees
Investor
Relations: some
of
Australia’s
leading
blue-‐chip
organisations
who
have
long
term
contracts
in
place
with +61
413
150
448 the
company.
SmartTrans
is
assessing
growth
opportunities
for
its
logistic
offering
in
China
to complement
its
mobile
and
online
payments
platform.