W.A.G payment solutions plc (WPS.L), an integrated payments and mobility platform, Thursday said its net revenue for the first quarter increased 31 percent to 68.4 million euros from 52.2 million euros in the previous year, primarily helped by 79.3 percent growth in Mobility solutions.
On an organic basis, revenue improved 10 percent to 55.2 million euros, in-line with management expectations.
Looking ahead, the company has reaffirmed its near and medium-term guidance. It expects full-year adjusted EBITDA margins to remain in line with fiscal 23 at around 43 percent.
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