It seems to me that nobody has bothered to read the recent Company presentation. Revenue grew by 100% in the last Financial Year, supported by other good growth metrics. This stock is not as visible to the average punter as Afterpay [which I also hold] but is achieving the same order of growth but with the opposite effect on the share price lately to APT:
PPH Highlights:
Pushpay delivered on its FY18 guidance of US$70.0 million, more than doubling total revenue to US$70.2 million over the year
● Annualised Processing Volume increased from US$1.1 billion to over US$3.0 billion over the year
● The number of transactions processed rose from 6.1 million to 12.3 million over the year.
The Goldman Sachs report [link above] is also very useful. Big thank you to Mr Chandra and Ms Fulton, if they happen to read this, for a most comprehensive and informative report. I found the bottom of Page 13 to be particularly interesting.
