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Smartpay Holdings Reports Revenue Growth Amidst Financial Losses

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Smartpay Holdings Reports Revenue Growth Amidst Financial Losses

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An announcement from SmartPay Holdings Limited ( (DE:KX2) ) is now available.

Smartpay Holdings Limited reported its financial results for the year ending March 31, 2025, showing a 9% increase in revenue from continuing operations, totaling NZD 104.7 million. Despite the revenue growth, the company experienced a net loss of NZD 571,000, a significant decline from the previous year, which impacts its financial stability and market positioning. No dividends were declared, and the net tangible assets per equity security decreased from NZD 0.06 to NZD 0.02, indicating a challenging financial period for the company.

More about SmartPay Holdings Limited

Smartpay Holdings Limited operates in the financial technology industry, focusing on providing electronic payment solutions and services. The company primarily serves businesses by offering payment processing systems and related technologies.

For an in-depth examination of KX2 stock, go to TipRanks’ Stock Analysis page.

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