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Tech & Innovation
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Despite 107% revenue boost, PaySauce posts $4.3m net loss

Reverse listing process costs the reason for net loss.

Tue, 08 Oct 2019

Payroll service PaySauce reported a 107% revenue jump in the third quarter as its share price showed more stability.

The NZX-listed software-as-a-service company lifted its recurring revenue to $400,600 year-on-year, from $193,500 in the previous third quarter of 2018, a 107% increase.

The

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Despite 107% revenue boost, PaySauce posts $4.3m net loss
Tech & Innovation,
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