PaySauce has reported its second consecutive year of positive and strongly growing operating earnings.
The company, which provides payroll services to New Zealand's micro businesses, achieved a 17% increase in operating revenue, reaching $9 million.
This growth was driven by an 11% increase in customer numbers, which now stands at 8,204.
Processing fee income also rose by 18% to $6.3m.
PaySauce's ebitda increased to $1.4m, while net profit before tax reached $460,000, up from $190,000.
The company highlighted key strategic achievements, including diversifying its customer base into the trades and construction verticals, building relationships with accounting partners, and making progress towards a unified multi-jurisdictional payroll product.
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