External broker reports(aggregated public sources), Bell Potter Securities

Bell Potter

External broker reports(aggregated public sources)

Bell Potter Securities

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to individuals, institutions and corporations. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>New merchant verticals look to deliver valueSmartpay’s AGM included a trading update that highlighted merchant conditions over April and May.</li><li>Milestone progress on the New Zealand proposition was also provided.Merchant terminals: The Australian terminals fleet grew to 19,100 units and the all important net adds were +700 over April-May.</li><li>The Australian merchant base rose to 13,500 (13,000 FY24) and we estimate similar onboarding rates have been sustained, with an average 1.4x terminals per new cu...</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

New merchant verticals look to deliver valueSmartpay’s AGM included a trading update that highlighted merchant conditions over April and May.Milestone progress on the New Zealand proposition was also provided.Merchant terminals: The Australian terminals fleet grew to 19,100 units and the all important net adds were +700 over April-May.The Australian merchant base rose to 13,500 (13,000 FY24) and we estimate similar onboarding rates have been sustained, with an average 1.4x terminals per new cu...Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Smartpay Holdings Ltd (SMP): The Preferred Way to Pay

New Zealand Professional Investment Services Firm, Forsyth Barr

Forsyth Barr

New Zealand Professional Investment Services Firm

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

Thematic (Sector/Industry)

<ul><li>The Forsyth Barr Technology Digest provides a snapshot of recent information relevant to the listed technology industries across New Zealand and around the globe.</li><li>We focus on three industry segments: Software &amp; Services, Technology hardware, and Semiconductors and equipment.</li><li>We aim to showcase what NZ technology is doing, provide updates on recent news at a company and technology level, present stock performance, and show relevant ratios.</li></ul>

The Forsyth Barr Technology Digest provides a snapshot of recent information relevant to the listed technology industries across New Zealand and around the globe.We focus on three industry segments: Software &amp; Services, Technology hardware, and Semiconductors and equipment.We aim to showcase what NZ technology is doing, provide updates on recent news at a company and technology level, present stock performance, and show relevant ratios.

Forsyth Barr Technology Digest - Edition 5 — Layoffs Resume

New Zealand

SmartPay Holdings Limited is a developer and distributor of electronic prepay solutions. The Company's solutions including network distribution for mobile phones, international calling cards, Internet services, gift cards and a range of other products.

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Smartpay Holdings (SPY NZ)

Smartpay Holdings Ltd (SMP): The Preferred Way to Pay

New merchant verticals look to deliver valueSmartpay’s AGM included a trading update that highlighted merchant conditions over April and May.

Bell Potter

Forsyth Barr Technology Digest - Edition 5 — Layoffs Resume

The Forsyth Barr Technology Digest provides a snapshot of recent information relevant to the listed technology industries across New Zealand and...

Forsyth Barr

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