Time to buy in:t_up:
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Time to buy in:t_up:
Maybe I can shed some light, I'm currently super bullish on pph. Although trump winning has plenty of negatives I'm willing to bet donations to churches and other institutions will go up heavily with all this uncertainty. All helping pushpays amcr increase.
No need to shed the light. I always believe the future of this company. A lot Americans are religiously faith. The reason I sold was capital raising n election. Now, all done n dusted. ACRM as end sep was $34m. Interim result is coming soon...From now on the sp will head north...DYOR....good luck all the holders...next year 2017 will be interesting year for PPH...
http://www.stuff.co.nz/business/indu...rowing-company
Bring on interim results next week...
Interim due tmw ...good luck everyone. May god blesses us with prosperity and higher sp:t_up:
https://www.anzshareandbondtrading.c...spx?id=4305192
excellent growth!!!
Highlights FYI
"Pushpay has increased its leading metric, Annualised Committed Monthly Revenue (ACMR), by US$25.0 million over the 12 months to 30 September 2016 from US$8.9 million to US$33.9 million, an increase of 282%.
Operating revenue increased by US$9.0 million from US$2.9 million for the six months ended 30 September 2015 to US$12.0 million for the six months ended 30 September 2016, an increase of 308%.
Pushpay’s net loss increased by US$7.1 million from US$4.2 million for the six months ended 30 September 2015 to US$11.3 million for the six months ended 30 September 2016, an increase of 169% as Pushpay continues to invest in scaling its business.
Over the year to 30 September 2016, Pushpay has remained focused on gaining market share in the USA faith sector, whilst maintaining best-in-class SaaS metrics and continuing to invest in our people, product and processes. We are proud to now serve over 5,000 churches in the USA including 30 of the top 100 and process over US$1 billion in Annualised Monthly Payment Transaction Volume.
As announced on 15 August 2016, Pushpay now expects to reach its US$72 million (NZ$100 million) ACMR target prior to the end of December 2017, eight months sooner than initially anticipated. By way of comparison, Xero grew from NZ$10 million to NZ$100 million of ACMR in around 42 months and Pushpay now expects to accomplish this in less than 28 months.
In addition, Pushpay remains on track to reach breakeven on a monthly cash flow basis prior to the end of calendar year 2017."
Couldn't help wondering why 2015 FY accounts still unaudited?
Almost missed this.....
Pushpay Holdings Limited (NZSX:PPH, ASX:PPH, ‘Pushpay’ or ‘the Company’) announces that it has entered into an agreement to acquire a church app business from Bluebridge Digital, Inc (Bluebridge) for the consideration of up to US$3.1 million.
Key highlights
- Pushpay Holdings Limited is to acquire a church app business from Bluebridge Digital, Inc for up to US$3.1 million
- The transaction remains subject to a number of customary conditions and adjustments. It is anticipated that, subject to satisfaction of these conditions, the acquisition will be completed on or by the end of November 2016
- Bluebridge is one of the leading providers of church apps in the world
- This acquisition is fully cash funded from the proceeds of Pushpay’s AU$40 million private placement in October 2016
- Pushpay continues to perform well and remains on track to reach US$72 million (NZ$100 million) in Annualised Committed Monthly Revenue and breakeven on a monthly cash flow basis prior to the end of calendar 2017
Pushpay is acquiring Bluebridge’s church app related business which includes over 200 customers and around US$1 million in ACMR.
LF - result are only for the half year so won't be audited
The Bluebridge transaction is the most exciting part. Will strengthen there position (with customers and against any future competition) and also accelerate their growth.
Also encourage by their commment that the quarterly rate of ACMR increase will be ahead of the last quarter....translation, don't be surpised if they hit the $100m ACMR sooner than their target