ASX Share rice
Tue 04 Aug 2020 - 04:01:am (Sydney)

SPT Share Price

SPLITIT PAYMENTS LTDSPTSoftware & Services

SPT Company Information

Name:

Splitit Payments Ltd

Sector:

Technology

Industry:

Software—Infrastructure

Address:

32 HaArba'a Street Tel Aviv Israel 6473970

CEO, MD of North America & Director:

Mr. Brad Paterson

Co-Founder & GM of EMEA:

Mr. Gil Don

Co-Founder, Strategic Projects, Chief Risk Officer & Director:

Mr. Alon Feit

Chief Financial Officer:

Mr. Ben Malone

Chief Technology Officer:

Mr. Ran Landau

Company Overview:

Splitit Payments Ltd, a technology company, provides credit card based installment solutions to businesses and retailers in Israel and internationally. Its Splitit payment platform operates as an intermediate layer between a merchant's platform and its existing payment gateway. The company was incorporated in 2008 and is headquartered in Tel Aviv, Israel.

SPT Share Price Information

Shares Issued:

351.28M

Market Capitalisation:

$479.50M

Revenue (TTM):

$1.65M

Revenue Per Share (TTM):

$0.01

Earnings per Share:

$-0.06

Operating Margin (TTM):

$-11.56

Return On Assets (TTM):

$-1.11

Return On Equity (TTM):

$-13.20

Quarterly Revenue Growth (YOY):

0.639

Gross Profit(TTM):

$1.17M

Diluted Earnings Per Share (TTM):

$-0.078

SPT CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$-229,695.97

Change To Liabilities:

$-838,178

Total Cashflow From Investing Activities:

$-160,925

Net Borrowings:

$-141,042

Net Income:

$-30,649,528.98

Total Cash From Operating Activities:

$-16,900,122

Depreciation:

$169.12K

Other Cashflow From Investing Activities:

$-8,950

Change To Account Receivables:

$-3,554,054

Capital Expenditures:

$216.92K

SPT Income Statement

Income Date:

2019-12-31

Income Before Tax:

$-30,639,724.52

Net Income:

$-30,649,528.98

Gross Profit:

$1.66M

Operating Income:

$-30,636,801.31

Interest Expense:

$426.19K

Income Tax Expense:

$6.87K

Total Revenue:

$2.35M

Total Operating Expenses:

$32.30M

Cost Of Revenue:

$686.80K

SPT Balance Sheet

Balance Sheet Date:

2019-12-31

Intangible Assets:

$10.11K

Total Liabilities:

$2.24M

Total Stockholder Equity:

$23.36M

Other Current Liabilities:

$28.81K

Total Assets:

$25.60M

Common Stock:

$839.08K

Other Current Assets:

$0.90M

Retained Earnings:

$-53,078,185.84

Other Assets:

$12.59K

Cash:

$16.66M

Total Current Liabilities:

$2.09M

Property - Plant & Equipment:

$424.83K

Net Tangible Assets:

$16.36M

Long-Term Investments:

$17.96K

Total Current Assets:

$24.96M

Net Receivables:

$7.38M

Short-Term Investments:

$638.76K

Accounts Payable:

$1.07M

Non Currrent Assets (Other):

$638.76K

Short-Term Investments:

$638.76

Non Current Liabilities Total:

$148.80K

SPT Share Price History

SPT News

18 Jun, 2020
13:00
Yahoo! Finance
Splitit Payments Ltd. (ASX:SPT "Splitit" or the "Company"), a global payment solutions provider, announces that it has signed a multi-year agreement with global payments technology company, Mastercard Incorporated (NYSE:MA) ("Mastercard") to accelerate the adoption of Splitit’s installment solution around the world.
29 Apr, 2020
Splitit Payments today released first quarter results highlighting a strong quarter and exceptional growth in April.
03 Mar, 2020
Splitit has announced it is partnering with Visa to help accelerate the distribution of installment payments for merchants.
24 Jan, 2020
Splitit, a leading global monthly installment payments solution, today announced the results of its successful partnership with award-winning counter-top purified water solution company Virgin Pure. Splitit helped to deliver a 78% increase in checkout conversion and a 10% reduction in cart abandonment rates. After making Splitit their sole payment solution, Virgin Pure also saw its payment success rate nearly double and Splitit won an additional 25% of Virgin Pure's checkout ratio.
06 Jan, 2020
Splitit, a leading global monthly installment payment solution, today announced that it has joined the Magento Technology Partner program. Magento, an Adobe company, is the leading provider of commerce innovation to merchants and brands across industries. Splitit joins a growing list of valuable technology vendors offering business-enhancing functionality for the Magento platform.
30 Dec, 2019
A recent survey by leading monthly installment payment solution Splitit highlights the growing importance of consumer returns within the ecommerce industry. The Splitit survey revealed that a good return policy is not only key to overall customer experience, but directly affects web conversion and, ultimately, a retailer's bottom line.
16 Dec, 2019
Splitit, a leading global monthly installment payment solution, announced last week an update on its global operations, including Black Friday and Cyber Monday sales trading, new strategic partnerships and new merchant agreements.
03 Dec, 2019
Splitit, a leading global monthly installment payments solution, today announced a partnership with ReST, the US-based provider of the most globally innovative smart bed solution, to enable customers to pay for ReST's innovative sleep technology using Splitit's 36-month interest- and fee-free installment payment solution.
12 Nov, 2019
NEW YORK, Nov. 12, 2019 /PRNewswire/ -- Splitit, a leading global monthly installment payments solution, announced a partnership with Chili, the makers of the cult-favorite chiliPAD sleep system, allowing customers to pay for the brand's products in interest- and fee-free monthly installment payments with instant approval. Chili, a brand of Kryo Inc., is a sleep science product development company offering mattress heating and cooling systems that incorporate their unique patented "Chili Technology." Their products have been endorsed by some of the biggest names in entertainment, sports, and health, including Dr. Breus (best known as Oprah's sleep coach), the U.S. Olympic women's rowing team, and the Denver Broncos.
17 Oct, 2019
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
15 Oct, 2019
Spilit has signed an agreement with eCommerce platform Shopify to make available Splitit's Buy Now Pay Later (BNPL) solution to Shopify's network of more than 800,000 merchants across 20 countries. Splitit's technology-based solution has been integrated with Shopify's platform and is now listed directly inside Shopify as an integrated payment gateway.
24 Sep, 2019
Reflecting the budget-conscious consumer climate, the holiday-focused survey revealed that most consumers plan to spend $500 or less this holiday season, with 56% placing their budget in that range. Slightly more than a quarter of respondents (27%) plan to spend between $500 and $1,000, while 17% plan to spend over $1,000.
23 Sep, 2019
NEW YORK and LONDON and SYDNEY, Sept. 23, 2019 /PRNewswire/ -- Splitit Payments Ltd (SPT.AX), a leading global monthly installment payments solution company, has launched "Splitit Business Payments," a first of its kind innovative business-to-business (B2B) payment platform. Splitit Business Payments enables manufacturers and suppliers to offer buyers of inventory or services an interest-free, installment credit solution utilizing their existing business credit cards. It addresses long-standing inefficiencies and friction in the way small-to-medium size buyers and sellers conduct business.
19 Sep, 2019
SYDNEY, Sept. 19, 2019 /PRNewswire/ -- Splitit Payments Ltd (SPT.AX) (Splitit or the Company), a leading global monthly installment payments solution business, announces that its Co-Founder, Gil Don, has decided to step down from his role as Chief Executive Officer, and will take up the position as General Manager, EMEA. Mr. Don, who will remain on the Splitit Board, will be replaced as Chief Executive Officer by Brad Paterson, currently Splitit's Managing Director, North America.
13 Aug, 2019
SYDNEY, Aug. 13, 2019 /PRNewswire/ -- Splitit Payments Ltd. (SPT.AX), a leading global monthly installment payments solution business, today announced a partnership with Ableton AG, one of the world's leading providers of music software, to offer Splitit's monthly installment payment solution to its online consumers in the United States, with the rest of North and South America, Australia, and select European Union countries to follow. Ableton's unique software and hardware products enable musicians, sound designers, and artists across the world to create, produce, and perform music. Headquartered in Berlin, Germany, Ableton is a global business with particularly strong consumer traction in the United States.
05 Aug, 2019
NEW YORK, Aug. 5, 2019 /PRNewswire/ -- According to a survey commissioned by leading installment payment solution Splitit, 35% of consumers would spend more on back-to-school shopping if offered the ability to use flexible payments solutions such as interest-free installments or 'buy now, pay later' plans. The survey also revealed that a staggering 40% of consumers are planning to do their back-to-school shopping on Amazon, presenting a challenge for retailers looking to capture consumer attention this back-to-school season. In order to compete with retail behemoths like Amazon, merchants must find ways to gain a competitive edge.