Sunday, 18 March 2018


MKTUPDTE: PPH: Pushpay achieves US$100m ACMR target

03 Jan 2018 09:00NZX
Pushpay achieves US$100m ACMR target

Auckland, New Zealand 
 Redmond, Washington, USA - 3 January 2018

On 11 October 2017, Pushpay Holdings Limited (NZSX:PPH, ASX:PPH, ''Pushpay'' or
''the Company'') brought forward its US$100 million Annualised Committed
Monthly Revenue (ACMR) target from 31 March 2018 to 31 December 2017.

Pushpay is pleased to announce that as at 31 December 2017, it achieved its
target of US$100 million ACMR. Pushpay will provide further details of the
ACMR increase in its quarterly operational update, which will be released on
10 January 2018.

Chris Heaslip, Pushpay''s CEO and Co-founder said, "Achieving US$100 million
ACMR within 27 months after reaching US$10 million ACMR, is a significant
milestone for the business. We continue to focus on scaling the business in
the US faith sector in order to maximise shareholder value over the long

"Pushpay remains in a position to reach its targets of FY18 NZ GAAP revenue
guidance of US$70 million and breakeven on a monthly cash flow basis prior to
the end of calendar 2018."


Sarah Elder 
 Investor Relations 
 Pushpay Holdings Limited
P: +64 21 637 449 

About Pushpay

Pushpay provides engagement solutions that enable meaningful connections and
mobile commerce tools that facilitate fast, secure and easy non point of sale
payments. Pushpay provides convenient, personalised and intuitive engagement
and payment solutions to the faith sector, not-for-profit organisations and
education providers.

Pushpay receives funding from Callaghan Innovation to help cover the
commercialisation of innovation.

Pushpay is an award-winning company, team and product. For more information

To download the Pushpay App, visit the iTunes App Store or Google Play and
search for "Pushpay".

End CA:00312629 For:PPH    Type:MKTUPDTE   Time:2018-01-03 09:00:31
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