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Pay Sauce Smooth Pay Acquisition Helps Grow PaySauce ARR by 49 % YoY Lower Hutt , New Zealand - 24 November 2021 PaySauce ( NZX : PYS ) shares its FY2022 Interim Report , with CEO Asantha Wijeyeratne noting the solid contribution the SmoothPay acquisition made to annualised recurring revenue . HIGHLIGHTS Acquisition of Smooth Pay for 1 % dilution of share capital Net promoter score ( NPS ) of 60 11 : 1 LTV : CAC ratio Pay Now delivered over $ 0.33 million of Earned Wage Access 49 % YoY ARR growth 69 % YoY total customer LTV growth THE ACQUISITION OF SMOOTHPAY DELIVERED Cash generation through payroll services in NZ and 13 overseas jurisdictions ; Over 1,300 customers with opportunity to increase average revenue per user ; Expansion of the total addressable market to Australia and the Pacific Islands . SmoothPay PaySauce ↑ $ 235K ↑ $ 823K 49 % % ARR GROWTH ARR $ 3,228K September 2021 ARR $ 2,169K September 2020 Sep 15 Mar '16 Sep '16 Mar '17 Sep '17 Mar 18 Sep 18 Mar '19 Sep 19 Mar '20 Sep '20 Mar '21 Sep '21 Annualised Recurring Revenue ( ARR )