Analysts ask Pushpay chair a $1.5b question

Graham Shaw (left) has been defending the board's endorsement of a takeover offer. (Image: Pushpay)

Thu, 10 Nov 2022

Pushpay has warned investors it is unlikely to hit its goal of processing more than US$10 billion ($16.8b) and having more than 20,000 customers on its platform in 2025. The company said it was still targeting these metrics but has given itself an extra 12 to 18 months to achieve them and even then, it needs current trends to improve. Its pre-released earnings result was a disappointment to the market. Operating revenue was up 10% at US$103m but driven largely by its acquisition of Resi Media – not organic growth.Underlying earn...

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