May 14, 2025 - 21:36
In an impressive display of growth, the latest financial results have revealed record highs across several key metrics for the first quarter of 2025. The total payment volume (TPV) reached an extraordinary US$8 billion, marking a significant 53% increase year-over-year and a 5% rise compared to the previous quarter. When adjusted for constant currency, this figure reflects a remarkable 72% growth year-over-year.
Revenue and gross profit also hit all-time highs, with figures of US$217 million and US$85 million, respectively. This robust performance is indicative of a continued strategy of geographic diversification, allowing for a more resilient business model.
Adjusted EBITDA stood at US$58 million, with an impressive Adjusted EBITDA to Gross Profit ratio of 68%. This metric underscores the organization's ability to scale efficiently while managing costs. Furthermore, the company demonstrated strong cash flow, achieving a free cash flow to net income conversion rate of 85%, reinforcing its status as a cash-generating powerhouse in the financial landscape.
July 1, 2025 - 04:05
Boeing's CFO Transition: Brian West Steps Down, Former Lockheed Finance Leader Takes OverBoeing is set to undergo a significant leadership change as Brian West, who has served as the Chief Financial Officer for the past four years, prepares to step down. West has played a crucial role...
June 30, 2025 - 17:12
Boeing Announces CFO Transition as Brian West Steps DownBoeing Co. has confirmed that Chief Financial Officer Brian West will be stepping down from his position. West played a pivotal role in orchestrating one of the largest capital raises in U.S....
June 30, 2025 - 00:37
Corporate Earnings Season: A Key Indicator of Globalization's Impact on Profit MarginsAs the second quarter earnings season approaches, Corporate America is poised to provide crucial insights into how the current trade policy landscape is shaping business conditions. With...
June 29, 2025 - 04:29
Hidden Risks in Financial Markets: A Growing Concern for 2025Recent analyses have highlighted a significant yet often overlooked risk in financial markets that is now becoming increasingly apparent. Traditionally, this risk operates quietly beneath the...