Splitit Payments Ltd (ASX:SPT)
A$ 0.075 0 (0%) Market Cap: 41.50 Mil Enterprise Value: 107.82 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 0/100
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Full Year 2019 Splitit Ltd Earnings Call Transcript

Mar 02, 2020 / 12:00AM GMT
Brad Paterson
Splitit Ltd. - CEO

Thank you, Leslie. Welcome. Good morning, everybody. Thank you for joining our investor presentation and our financial year '19 results. I'm very happy to be here, and I'm excited to share with you an update on our business and a look back on our progress.

In the next 25 minutes, I'm going to talk to you about three things: the foundations that we have put in place over the last 12 months or so; I'm going to talk about our FY '19 performance; and finally, share an outlook for the rest of the year and what -- growth we have coming ahead, including a very strong start to Q1, which hopefully everybody saw includes an announcement this morning about an encouraging partnership with Visa, including recent partnerships with Stripe and some significant new large merchants, including Viagogo.

We're entering an exciting phase of growth. We've built solid foundations. We have strong unit economics and a healthy balance sheet with over $16 million of cash on hand to fuel that growth. Now many of you have -- or know the Splitit business model well as long-time

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