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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.

==> picture [297 x 231] intentionally omitted <==

----- Start of picture text -----

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
----- End of picture text -----

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**_

==> picture [196 x 73] intentionally omitted <==

==> picture [576 x 12] intentionally omitted <==

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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==> picture [228 x 104] intentionally omitted <==

----- Start of picture text -----

Source:
http://tieba.baidu.com/p/2537083595
----- End of picture text -----

**–

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.