Adyen (AMS: ADYEN) posts strong results and sustained profitable growth driven by its global customer portfolio and motivated team executing on the company’s long-term ambitions.
Summary H2 2022
Processed volume was €421.7 billion, up 41% year-on-year. Of these volumes, point-of-sale volumes were €67.6 billion, up 62% year-on-year
Net revenue was €721.7 million, up 30% year-on-year
EBITDA of €372.0 million, up 4% year-on-year, with EBITDA margin at 52%
Free cash flow conversion ratio was 80%, with CapEx at 8% of net revenue
Full Year 2022 Figures
Processed volume was €767.5 billion, up 49% year-on-year. Of these volumes, point-of-sale volumes were €112.5 billion, up 74% year-on-year
Net revenue was €1.3 billion, up 33% year-on-year
EBITDA of €728.3 million, up 16% year-on-year
EBITDA margin was 55% for the full year
CapEx was 7% of net revenue for the full year
Shareholder letter & interim financial results
You can find our full H2 2022 financial results and accompanying shareholder letter here.
At 3 PM CET on February 8, 2023, we will host our H2 2022 earnings conference. You can access the live session here. A recording will be made available shortly after the conference and uploaded to the same webpage.
This press release contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Facebook, Uber, H&M, eBay, and Microsoft.
Important Regulatory Notice
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Adyen’s securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration thereunder or pursuant to an available exemption therefrom. Neither this document nor the information contained herein constitutes or forms part of an offer to sell, or the solicitation of an offer to buy, securities in the United States.
This announcement is not an offer of securities or investments for sale nor a solicitation of an offer to buy securities or investments in any jurisdiction, including the United States, Canada, South Africa, Australia or Japan. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. No action has been taken that would permit an offering of securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness.This announcement does not purport to identify or suggest the risks (direct or indirect) which may be associated with an investment in Adyen securities. Any investment decision in connection with Adyen securities must be made solely on the basis of all publicly available information relating to such Adyen securities.
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