Revenues, EBITDA and net profit increase for the entire product and service range

Highlights:

• The substantial increase in the results of the first half of 2022 is based on a positive trend across the entire product and service range: payment terminals, authorizations and software. In addition, the acquisition of Payment Solutions provides an additional increase in revenues, EBITDA and net profit.
• Revenues increase by 43.3% compared to the first half of 2021, while net profit and EBITDA increase by 95.4% and 33.1% respectively compared to the same period of 2021.
• The growth in the payment terminals segment (37.3%) is largely due to the acquisition of Payment Solutions. As a result, Keyware can propose a wider range of payment solutions and also approach new market segments, creating additional synergies.
• The authorizations segment experienced the largest increase in revenues, namely 58.9%. Three important factors play a role in this: the successful completion of the migration to a new payment partner, the recovery of consumer spending since COVID-19 and the changed commercial approach. This makes it possible to respond faster and more efficiently to market demand.
• The software segment sees its revenues grow by 35.5%. The results are driven by an increasing demand for payment applications like split payment as well as the expansion of the offering with order and payment kiosks.