
Adyen NV, the Dutch payments company, reported strong financial results for the second half of 2024, surpassing expectations. The company's net revenue for H2 2024 reached €1.083 billion, marking a 22% year-over-year increase, while its EBITDA rose to €569 million, up 35% from the previous year. Adyen's EBITDA margin for the period was 53%, exceeding forecasts. The company processed a volume of €666.4 billion in H2 2024, a 22% increase year-over-year. For the full year of 2024, Adyen processed €1.29 trillion, up 33% from the previous year. The company's shares surged over 13% following the announcement, reaching a 2.5-year high with a 15% increase on the day of the results release. Adyen's growth was driven by strong demand in key markets, with North American net revenue growing by 21%. The company also received approval to operate in India and reported that its platforms segment was the fastest growing. Adyen's full-year profit was above expectations, with annual earnings up 34% and revenues rising 23%. Adyen's CEO expressed pride in the company's performance, highlighting the strong year of growth and the expansion of EBITDA margins to 53% in H2 2024 and just under 50% for the full year. The CFO noted that the company achieved net revenue growth to nearly €1.1 billion in the second half, a 22% growth for the period.
Two years ago, I wrote about Adyen's Profitability Playbook: https://t.co/Zywgijl8DC https://t.co/zaslDwfblj
Paiement : Adyen s'envole en Bourse grâce à une rentabilité supérieure aux attentes https://t.co/7gUEx8IGV9
Netherlands payment processor $ADYEY, one of our top picks in $GIAX surges today on full year profit beat. Annual earnings up 34%, revenues rose 23%. https://t.co/UJJWnvjWft







