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Smartpay looks to build on turnaround result with new cloud product

10-fold profit increase for payment terminal company.

Fri, 02 Jun 2017

New Zealand-founded Smartpay has reported a turnaround result for the year to March 31.

The payment terminal operator's profit jumped 10-fold, albeit from a low base.

Net profit increased to $2.2 million from the previous year's $200,000.

Ebitda was $9.6 million; an increase on the

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Smartpay looks to build on turnaround result with new cloud product
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