Adyen realizes sustained profitable growth at scale in the first half of 2018
Processed volume of €70 billion: up 43.1% year-on-year – growth across the width of the merchant base
Net revenue of €156.4 million: up 67.3% year-on-year – growth well-balanced geographically and across channels
EBITDA of €70.3 million: up 83.1% year-on-year – EBITDA margin of 44.9% - with continued investment in global team and marketing
Net income for the period was €48.2 million: up 74.6% year-on-year
Continued high cash generation – with free cash flow conversion of 89.3%
POS (point-of-sale) processed volume up 120% year-on-year: accelerated traction in the offline segment
Financial Statements & Shareholder Letter
Our H1 2018 Interim Financial Statements and the accompanying Shareholder Letter can be found here: adyen.com/ir and as an attachment to this press release.
Earnings Conference Call & Webcast
Pieter van der Does (CEO) and Ingo Uytdehaage (CFO) will host an earnings conference call today at 15.00 CEST. The live webcast of the call can be accessed from adyen.com/ir. A replay will be available at the same website following the call.