W.A.G payment solutions plc (WPS.L) posted a fiscal year pretax loss of 39.3 million euros compared to profit of 28.0 million euros, last year. Loss per share, in cents, was 6.62 compared to profit of 2.41. The Group said the reduction was primarily related to amortisation from acquired intangibles, finance costs and a non-cash goodwill impairment of 56.7 million euros. Adjusted profit before tax increased to 56.7 million euros from 54.9 million euros. Adjusted basic earnings per share, in cents, was 6.49 compared to 5.75.
For the year ended 31 December 2023, revenue from contracts with customers declined to 2.09 billion euros from 2.37 billion euros, prior year. Total net revenue was up 34.4% to 256.5 million euros, with organic growth of 14.5%.
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