Smartpay has reported a 15% increase in revenue for the first half of the 2025 financial year, reaching $50.8 million.

The payments provider also achieved ebitda of $8.8m and a profit before tax of $700,000.

Smartpay said it continued to grow its market share and expand into new verticals.

It is now focused on the Australian business, with a goal of customer growth and retention.

In New Zealand, the company has completed the testing and certification of its Android terminal and is preparing for launch.

Smartpay's total trans-Tasman terminal fleet has reached 55,000, with over 40,000 merchants.

It said it generated free cash flows in the first half of the year.

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