HiPay: surrounded after a return to profits in 2023

(CercleFinance.com) - HiPay has jumped 17% following the publication of a net profit of 2.
2 million euros for the past year, to be compared with a loss of 7.8 million in 2022, as its cost-cutting plan has enabled it to achieve significant operating profitability.

The payment services company achieved a recurring operating margin of 7.4% on sales up 11% to 65.5 million euros, a growth similar to that of its payment volumes, which reached 8.39 billion euros.

With a positive operating structure and a solidified financial structure, HiPay is renewing its ambitions. Its 2024 budget includes maintaining operating profitability at least at 2023 levels.

Copyright (c) 2024 CercleFinance.com. All rights reserved.