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Melbourne Sydney Beijing
Level 1 Suite 37 101, Building 22,
10 Queens Road 401 Pacific Highway Courtyard 4 Gongti Bei Lu
MELBOURNE ARTARMON Chaoyang District
VIC 3004 NSW 2064 BEIJING CBD, 100027
Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: +86 (10) 6500 0910
	
  
SmartPay	
  platform	
  generates	
  record	
  revenue	
  of	
  $260,000	
  in	
  February	
  
	
  
• Record	
  monthly	
  revenue	
  achieved	
  against	
  a	
  forecast	
  of	
  $201,000	
  
• Growth	
  achieved	
  despite	
  a	
  forecast	
  Chinese	
  New	
  Year	
  seasonal	
  lull	
  
• About	
  70%	
  of	
  record	
  monthly	
  revenue	
  is	
  recurring	
  and	
  without	
  further	
  cost	
  	
  
• $1.14	
  million	
  of	
  revenue	
  generated	
  YTD	
  from	
  SmartPay	
  with	
  $705,000	
  in	
  the	
  last	
  three	
  months	
  
• SmartPay	
  revenue	
  becoming	
  more	
  profitable	
  -­‐	
  customer	
  acquisition	
  costs	
  below	
  forecast	
  by	
  almost	
  20%	
  
• Eighth	
  consecutive	
  month	
  of	
  growth	
  for	
  SmartPay	
  platform	
  in	
  China	
  
• Range	
  of	
  online	
  and	
  smartphone	
  content	
  purchased	
  by	
  consumers	
  is	
  becoming	
  broader	
  
	
  
17	
  March	
  2015:	
  Mobile	
  and	
  online	
  payments	
  platform	
  and	
  logistics	
  software	
  provider	
  SmartTrans	
  Holdings	
  Limited	
  (ASX:	
  
SMA)	
  (‘SmartTrans’	
  or	
  ‘the	
  Company’)	
  is	
  pleased	
  to	
  report	
  record	
  revenue	
  of	
  approximately	
  $260,000	
  in	
  February	
  against	
  a	
  
budget	
  of	
  $201,000	
  from	
  the	
  SmartPay	
  payments	
  platform	
  in	
  China.	
  	
  
	
  
This	
   represents	
   the	
   eighth	
   consecutive	
   month	
   of	
   revenue	
   growth	
   for	
   SmartTrans	
   in	
   China	
   and	
   what	
   is	
   particularly	
  
encouraging	
  is	
  that	
  the	
  result	
  was	
  achieved	
  during	
  Chinese	
  New	
  Year	
  which	
  is	
  traditionally	
  a	
  quieter	
  period	
  for	
  economic	
  
activity	
  in	
  China.	
  It	
  brings	
  the	
  Company’s	
  year	
  to	
  date	
  revenue	
  generated	
  through	
  the	
  SmartPay	
  platform	
  to	
  approximately	
  
$1.14	
  million	
  with	
  $705,000	
  earned	
  in	
  the	
  last	
  three	
  months.	
  
	
  
Encouragingly,	
  approximately	
  70%	
  of	
  this	
  revenue	
  is	
  recurring	
  which	
  demonstrates	
  that	
  Chinese	
  consumers	
  are	
  starting	
  to	
  
embrace	
  subscription	
  (repeat)	
  billing	
  whereby	
  the	
  content	
  being	
  purchased	
  through	
  their	
  smartphones	
  is	
  being	
  automatically	
  
renewed	
  each	
  month.	
  As	
  such,	
  meaningful	
  passive	
  income	
  streams	
  are	
  now	
  being	
  generated	
  by	
  SmartTrans	
  in	
  China	
  and	
  
there	
  are	
  no	
  further	
  costs	
  associated	
  with	
  maintaining	
  this	
  revenue	
  stream.	
  
	
  
With	
  the	
  addition	
  of	
  SmartTrans’	
  recently	
  announced	
  new	
  Direct	
  Carrier	
  billing	
  with	
  China	
  Mobile	
  enabling	
  App	
  and	
  content	
  
providers	
  to	
  sell	
  their	
  products	
  to	
  mobile	
  phone	
  users	
  in	
  China,	
  the	
  company	
  is	
  optimistic	
  about	
  continuing	
  to	
  grow	
  its	
  billing	
  
platform	
  user	
  base.	
  	
  
	
  
SmartTrans	
  is	
  also	
  please	
  to	
  confirm	
  that	
  the	
  type	
  of	
  content	
  being	
  purchased	
  by	
  Chinese	
  consumers	
  continues	
  to	
  broaden	
  
and	
  including	
  media	
  and	
  movies	
  content,	
  and	
  lifestyle	
  and	
  smartphone	
  games	
  Apps.	
  The	
  company	
  expects	
  purchasing	
  of	
  
good	
  and	
  services	
  through	
  smartphones	
  to	
  continue	
  to	
  grow	
  in	
  China.	
  	
  
	
  
	
  
	
  
Revenue	
  from	
  SmartTrans’	
  operations	
  in	
  China	
  to	
  the	
  end	
  of	
  February	
  2015	
  
	
  
	
  
	
  
$0##
$50,000##
$100,000##
$150,000##
$200,000##
$250,000##
$300,000##
Jul,14#
Aug,14#
Sep,14#
Oct,14#Nov,14#
Dec,14#
Jan,15#
Feb,15#
Revenue&
Forpersonaluseonly
Melbourne Sydney Beijing
Level 1 Suite 37 101, Building 22,
10 Queens Road 401 Pacific Highway Courtyard 4 Gongti Bei Lu
MELBOURNE ARTARMON Chaoyang District
VIC 3004 NSW 2064 BEIJING CBD, 100027
Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: +86 (10) 6500 0910
	
  
	
  
	
  
	
  
SmartTrans	
  is	
  also	
  pleased	
  to	
  report	
  that	
  its	
  customer	
  acquisition	
  costs	
  for	
  its	
  China	
  operations	
  are	
  almost	
  20%	
  less	
  than	
  
forecast	
  as	
  the	
  company	
  continues	
  to	
  optimise	
  and	
  refine	
  its	
  customer	
  acquisition	
  strategy.	
  	
  
	
  
SmartTrans	
  Managing	
  Director,	
  Bryan	
  Carr,	
  commented:	
  “February’s	
  record	
  SmartPay	
  revenue	
  is	
  an	
  exceptionally	
  pleasing	
  
result,	
  a	
  strong	
  endorsement	
  of	
  our	
  strategy	
  and	
  further	
  validation	
  of	
  the	
  SmartPay	
  platform.	
  In	
  less	
  than	
  eight	
  months,	
  we	
  
have	
  built	
  a	
  business	
  where	
  monthly	
  revenue	
  has	
  increased	
  more	
  than	
  tenfold.	
  What	
  should	
  not	
  be	
  undervalued	
  is	
  the	
  large	
  
percentage	
  of	
  monthly	
  recurring	
  revenue	
  which	
  comes	
  at	
  no	
  further	
  cost	
  to	
  the	
  company.	
  	
  
	
  
“We	
   are	
   building	
   on	
   the	
   existing	
   agreements	
   we	
   have	
   with	
   third-­‐party	
   content	
   providers	
   in	
   China	
   and	
   we	
   expect	
   to	
   see	
  
increased	
  uptake	
  of	
  the	
  SmartPay	
  platform	
  by	
  many	
  more,	
  which	
  will	
  further	
  enhance	
  and	
  grow	
  sources	
  of	
  revenue	
  for	
  the	
  
Company.	
  
	
  
“We	
  are	
  also	
  focused	
  on	
  reducing	
  our	
  cost	
  to	
  acquire	
  and	
  bill	
  new	
  customers	
  in	
  China	
  and	
  the	
  fact	
  that	
  our	
  expenses	
  are	
  20%	
  
lower	
  than	
  forecast	
  is	
  a	
  great	
  result	
  which	
  will	
  lead	
  to	
  increased	
  overall	
  profitability	
  from	
  SmartPay.	
  	
  
	
  
“Our	
  focus	
  remains	
  on	
  top	
  line	
  growth	
  and	
  building	
  a	
  sustainable	
  revenue	
  base	
  which	
  is	
  both	
  recurring	
  and	
  diverse	
  in	
  nature.	
  
As	
  such,	
  we	
  are	
  investing	
  in	
  attracting	
  new	
  third	
  parties	
  to	
  use	
  SmartPay,	
  as	
  well	
  as	
  locking	
  in	
  new	
  content	
  marketing	
  and	
  
distribution	
  agreements	
  for	
  third	
  parties	
  who	
  wish	
  to	
  market	
  their	
  content	
  to	
  a	
  much	
  larger	
  Chinese	
  consumer	
  base.	
  The	
  
recent	
  agreement	
  with	
  China	
  Mobile	
  in	
  Guangdong	
  Province	
  is	
  evidence	
  of	
  this.	
  	
  	
  
	
  
“Whilst	
  the	
  growth	
  and	
  development	
  of	
  the	
  China	
  business	
  is	
  our	
  priority	
  with	
  new	
  agreements	
  pending,	
  we	
  also	
  expect	
  to	
  
shortly	
  announce	
  new	
  developments	
  with	
  our	
  logistics	
  software	
  business.	
  Our	
  growing	
  revenue	
  streams	
  and	
  reduced	
  costs	
  
clearly	
  demonstrate	
  where	
  we	
  are	
  heading	
  as	
  a	
  business.”	
  	
  
	
  
–	
  ENDS	
  –	
  
	
  
Further	
  information	
  please	
  contact:	
  	
  
Bryan	
  Carr	
  
Managing	
  Director	
  	
  
AUST:	
  +61	
  412	
  111	
  968	
  	
  
CHINA:	
  +86	
  138	
  1188	
  8401	
  
	
  
Ben	
  Jarvis	
  	
  
Six	
  Degrees	
  Investor	
  Relations	
  	
  
+61	
  413	
  150	
  448	
  or	
  +61	
  2	
  9230	
  0661	
  
About	
  SmartTrans	
  
SmartTrans	
  Holdings	
  Limited	
  (ASX:	
  SMA)	
  is	
  a	
  leading	
  Australian	
  technology	
  and	
  software	
  provider	
  that	
  
has	
  developed	
  a	
  mobile	
  and	
  online	
  billing	
  and	
  payment	
  platform	
  for	
  the	
  China	
  market.	
  The	
  company	
  has	
  
agreements	
  in	
  place	
  with	
  China	
  Mobile,	
  China	
  Unicom,	
  China	
  Telecom	
  CMPay,	
  UnionPay	
  and	
  Alipay.	
  With	
  
the	
  growing	
  use	
  of	
  the	
  smartphone	
  as	
  a	
  billing	
  device	
  in	
  China,	
  the	
  company	
  is	
  experiencing	
  significant	
  
uptake	
  of	
  its	
  technology	
  in	
  that	
  market.	
  SmartTrans	
  has	
  also	
  developed	
  cutting-­‐edge	
  proprietary	
  logistics	
  
software	
  which	
  is	
  used	
  by	
  some	
  of	
  Australia’s	
  leading	
  blue-­‐chip	
  organisations	
  who	
  have	
  long	
  term	
  
contracts	
  in	
  place	
  with	
  the	
  company.	
  SmartTrans	
  is	
  assessing	
  growth	
  opportunities	
  for	
  its	
  logistic	
  offering	
  
in	
  China	
  to	
  complement	
  its	
  mobile	
  and	
  online	
  payments	
  platform.	
  
	
  	
  	
  	
  	
  	
  
	
  
	
  	
  	
  	
  	
  	
  	
  	
  
	
  
@SmartTrans_SMA	
  	
  
	
  
Forpersonaluseonly

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Sma revenue update march 2015

  • 1. Melbourne Sydney Beijing Level 1 Suite 37 101, Building 22, 10 Queens Road 401 Pacific Highway Courtyard 4 Gongti Bei Lu MELBOURNE ARTARMON Chaoyang District VIC 3004 NSW 2064 BEIJING CBD, 100027 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: +86 (10) 6500 0910   SmartPay  platform  generates  record  revenue  of  $260,000  in  February     • Record  monthly  revenue  achieved  against  a  forecast  of  $201,000   • Growth  achieved  despite  a  forecast  Chinese  New  Year  seasonal  lull   • About  70%  of  record  monthly  revenue  is  recurring  and  without  further  cost     • $1.14  million  of  revenue  generated  YTD  from  SmartPay  with  $705,000  in  the  last  three  months   • SmartPay  revenue  becoming  more  profitable  -­‐  customer  acquisition  costs  below  forecast  by  almost  20%   • Eighth  consecutive  month  of  growth  for  SmartPay  platform  in  China   • Range  of  online  and  smartphone  content  purchased  by  consumers  is  becoming  broader     17  March  2015:  Mobile  and  online  payments  platform  and  logistics  software  provider  SmartTrans  Holdings  Limited  (ASX:   SMA)  (‘SmartTrans’  or  ‘the  Company’)  is  pleased  to  report  record  revenue  of  approximately  $260,000  in  February  against  a   budget  of  $201,000  from  the  SmartPay  payments  platform  in  China.       This   represents   the   eighth   consecutive   month   of   revenue   growth   for   SmartTrans   in   China   and   what   is   particularly   encouraging  is  that  the  result  was  achieved  during  Chinese  New  Year  which  is  traditionally  a  quieter  period  for  economic   activity  in  China.  It  brings  the  Company’s  year  to  date  revenue  generated  through  the  SmartPay  platform  to  approximately   $1.14  million  with  $705,000  earned  in  the  last  three  months.     Encouragingly,  approximately  70%  of  this  revenue  is  recurring  which  demonstrates  that  Chinese  consumers  are  starting  to   embrace  subscription  (repeat)  billing  whereby  the  content  being  purchased  through  their  smartphones  is  being  automatically   renewed  each  month.  As  such,  meaningful  passive  income  streams  are  now  being  generated  by  SmartTrans  in  China  and   there  are  no  further  costs  associated  with  maintaining  this  revenue  stream.     With  the  addition  of  SmartTrans’  recently  announced  new  Direct  Carrier  billing  with  China  Mobile  enabling  App  and  content   providers  to  sell  their  products  to  mobile  phone  users  in  China,  the  company  is  optimistic  about  continuing  to  grow  its  billing   platform  user  base.       SmartTrans  is  also  please  to  confirm  that  the  type  of  content  being  purchased  by  Chinese  consumers  continues  to  broaden   and  including  media  and  movies  content,  and  lifestyle  and  smartphone  games  Apps.  The  company  expects  purchasing  of   good  and  services  through  smartphones  to  continue  to  grow  in  China.           Revenue  from  SmartTrans’  operations  in  China  to  the  end  of  February  2015         $0## $50,000## $100,000## $150,000## $200,000## $250,000## $300,000## Jul,14# Aug,14# Sep,14# Oct,14#Nov,14# Dec,14# Jan,15# Feb,15# Revenue& Forpersonaluseonly
  • 2. Melbourne Sydney Beijing Level 1 Suite 37 101, Building 22, 10 Queens Road 401 Pacific Highway Courtyard 4 Gongti Bei Lu MELBOURNE ARTARMON Chaoyang District VIC 3004 NSW 2064 BEIJING CBD, 100027 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: +86 (10) 6500 0910         SmartTrans  is  also  pleased  to  report  that  its  customer  acquisition  costs  for  its  China  operations  are  almost  20%  less  than   forecast  as  the  company  continues  to  optimise  and  refine  its  customer  acquisition  strategy.       SmartTrans  Managing  Director,  Bryan  Carr,  commented:  “February’s  record  SmartPay  revenue  is  an  exceptionally  pleasing   result,  a  strong  endorsement  of  our  strategy  and  further  validation  of  the  SmartPay  platform.  In  less  than  eight  months,  we   have  built  a  business  where  monthly  revenue  has  increased  more  than  tenfold.  What  should  not  be  undervalued  is  the  large   percentage  of  monthly  recurring  revenue  which  comes  at  no  further  cost  to  the  company.       “We   are   building   on   the   existing   agreements   we   have   with   third-­‐party   content   providers   in   China   and   we   expect   to   see   increased  uptake  of  the  SmartPay  platform  by  many  more,  which  will  further  enhance  and  grow  sources  of  revenue  for  the   Company.     “We  are  also  focused  on  reducing  our  cost  to  acquire  and  bill  new  customers  in  China  and  the  fact  that  our  expenses  are  20%   lower  than  forecast  is  a  great  result  which  will  lead  to  increased  overall  profitability  from  SmartPay.       “Our  focus  remains  on  top  line  growth  and  building  a  sustainable  revenue  base  which  is  both  recurring  and  diverse  in  nature.   As  such,  we  are  investing  in  attracting  new  third  parties  to  use  SmartPay,  as  well  as  locking  in  new  content  marketing  and   distribution  agreements  for  third  parties  who  wish  to  market  their  content  to  a  much  larger  Chinese  consumer  base.  The   recent  agreement  with  China  Mobile  in  Guangdong  Province  is  evidence  of  this.         “Whilst  the  growth  and  development  of  the  China  business  is  our  priority  with  new  agreements  pending,  we  also  expect  to   shortly  announce  new  developments  with  our  logistics  software  business.  Our  growing  revenue  streams  and  reduced  costs   clearly  demonstrate  where  we  are  heading  as  a  business.”       –  ENDS  –     Further  information  please  contact:     Bryan  Carr   Managing  Director     AUST:  +61  412  111  968     CHINA:  +86  138  1188  8401     Ben  Jarvis     Six  Degrees  Investor  Relations     +61  413  150  448  or  +61  2  9230  0661   About  SmartTrans   SmartTrans  Holdings  Limited  (ASX:  SMA)  is  a  leading  Australian  technology  and  software  provider  that   has  developed  a  mobile  and  online  billing  and  payment  platform  for  the  China  market.  The  company  has   agreements  in  place  with  China  Mobile,  China  Unicom,  China  Telecom  CMPay,  UnionPay  and  Alipay.  With   the  growing  use  of  the  smartphone  as  a  billing  device  in  China,  the  company  is  experiencing  significant   uptake  of  its  technology  in  that  market.  SmartTrans  has  also  developed  cutting-­‐edge  proprietary  logistics   software  which  is  used  by  some  of  Australia’s  leading  blue-­‐chip  organisations  who  have  long  term   contracts  in  place  with  the  company.  SmartTrans  is  assessing  growth  opportunities  for  its  logistic  offering   in  China  to  complement  its  mobile  and  online  payments  platform.                                   @SmartTrans_SMA       Forpersonaluseonly