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W.A.G Payment Solutions FY24 Adj. Pretax Profit Declines; Total Net Revenue Up 14.0%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

W.A.G payment solutions plc (WPS.L) reported fiscal 2024 statutory profit before tax of 11.7 million euros compared to a loss of 39.3 million euros, prior year, with last year impacted by a non-cash goodwill impairment. Basic profit per share was 0.39 cents per share compared to a loss of 6.62 cents per share. Adjusted profit before tax decreased to 46.3 million euros from 56.7 million euros. Adjusted basic EPS, in cents, was 4.65 compared to 6.49.

Fiscal 2024 revenue was 2.24 billion euros, an increase of 7.1% from last year. Total net revenue rose 14.0% to 292.5 million euros. Payment solutions net revenue increased 13.6% to 166.9 million euros.

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