Pushpay Holdings Ltd (ASX: PPH) is a New Zealand based donation systems and software business for religious, not-for-profits and education providers in the US, Canada, Australia and New Zealand. Pushpay is used by over 7000 churches worldwide. The average gift is $192. Pushpay makes money by charging a subscription fee for its app but also from clipping the ticket on processing donations.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Wednesday morning… reporting season rolls on.
Futures contracts for the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) index are pointing to a positive open on Tuesday morning with CYBG PLC (ASX:CYB) gunning for Virgin Money Holdings (UK) PLC (LON:VM).
New Zealand’s church donation software company Pushpay Holdings Ltd (ASX: PPH) released its 2018 financial results this morning showing a 105% increase in revenue and a net loss of $US23.2 million.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is set for a slightly higher open Thursday morning, according to data from Sydney Futures Exchange, with DuluxGroup Limited (ASX: DLX) in the news.
Australia’s All Ordinaries (INDEXASX:XAO)(ASX:XAO) closed firmly lower on Wednesday.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Thursday.