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Amsterdam · August 21, 2018

Adyen H1 2018 Financial Results

Adyen realizes sustained profitable growth at scale in the first half of 2018

Adyen formula cards

Highlights

  • 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.

Investor contact

Eva Weberir@adyen.com

Media contact

Hemmo Bosscherpress@adyen.com+31 6 817 90909