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2017년 8월 16일 수요일

Paysafe has been growing steadily

  • 8월 16, 2017
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Paysafe has been growing steadily




Paysafe Group has reported year-on-year growth across various key financials in the six-month period through to June 30.

The company, which owns Skrill, Neteller and Paysafecard, achieved revenue of $538.7m (€458.5m) in the first half of this year, up 11% from $486.7m in the opening six months of last year.

Paysafe said that this result represents more ”sustainable” growth for the company, which in the first half of 2016 saw revenue rocket by 118% year-on-year.

Meanwhile, adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) increased from $144.2m to $169.2m, while adjusted EBITDA margin climbed to 31.4%.

Statutory operating profit jumped from $89.7m to $99.6, while adjusted profit after tax was up from $101.4m to $124m, and statutory profit after tax increased from $64.5m to $73.7m.

In addition, net debt at the firm was cut to $279.8m from £359.9m, with adjusted fully diluted earnings per share improving from $0.20 to $0.25 and statutory fully diluted earnings per share climbing from $0.13 to $0.15.

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