San Francisco · November 08, 2023
Adyen Publishes Q3 Business Update
Adyen (AMS: ADYEN) achieved further growth across its single platform and continued to execute the final stages of its accelerated investment in scaling the global team.
Q3 2023 Figures
Processed volume was €243.1 billion, up 21%YoY.
Net revenue was €413.6 million in Q3, up 22% YoY. On a constant currency basis, net revenue of €413.6 million would have been 4% higher than reported.
175 FTE were hired to the team as part of the final stages of Adyen’s accelerated investment phase.
The company evolved its financial objectives in order to specify timelines around growth expectations.
Business Update
You can find the full Q3 2023 Business Update here.
Investor Day Webcast
At 10:30 am PST, Adyen will host its 2023 Investor Day in San Francisco. You can access the livestreamed session here. A recording will be made available shortly thereafter and published on 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.
About Adyen
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 Meta, Uber, H&M, eBay, and Microsoft.
Important Regulatory Notice
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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.
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