April 2 (Reuters) - Versapay Corp VPY.V :
* VERSAPAY ANNOUNCES Q4 AND FULL YEAR 2018 FINANCIAL RESULTS
* Q4 REVENUE OF $1.45 MILLION UP 37% YEAR-OVER-YEAR
* Q4 ARC ARR INCREASED TO $3.30 MILLION COMPARED TO $1.78 MILLION IN Q4 2017
* CONVERTED APPROXIMATELY 56% OF ITS ARC BACKLOG (ARR FROM SIGNED BUT UNBILLED CLIENTS) AS OF SEPTEMBER 30, 2018, TO REVENUE IN QUARTER
* GREW ITS BACKLOG TO $1.82 MILLION IN ARR AT END OF Q4 2018