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SafeCharge full year 2015 numbers
Friday March 11,21016 : SAFECHARGE REPORTS A BUMPER 2015
The metrics are all headed in the right direction at Teddy Sagi's financial enterprise.
Teddy Sagi's financial venture SafeCharge plc released its full year 2015 numbers this week, reporting impressive progress and highlighting:
* Revenue up year-on-year by 30 percent to $99.8 million;
* Gross profit up 30 percent at $57.7 million;
* Adjusted EBITDA of $31.1 million - up 26 percent on the preceding year;
* Reported profit after tax of $22.9 million - up 58 percent;
* Cash on hand $114.9 million - lower by 22 percent compared with previous year;
* Total company income of $28.7 million - up an impressive 99 percent;
* Final dividend of 7.30 c - up 38 percent and making the full year dividend 11.30 c - an increase of 30 percent.
CEO David Avgi reported that the group has enjoyed a good start to 2016 and has a strong pipeline of business. He listed operational highlights of the year as:
* The successful launch of VISA acquiring services complementing MasterCard services;
* New customer wins with a strong pipeline and several significant new customers due to go live in H1 2016;
* Significant advance in core business processing transaction value of US$6.9 billion (2014: US$5.7 billion);
* Convergence of acquiring and issuing under a single technology platform;
* Development and certification of multichannel and airline solutions;
* PAY.com MasterCard pre-paid card successfully launched;
“2015 was another period of strong financial performance and continued growth," Avgi said. "We have continued to innovate, develop and deliver our payment products and technologies, enabling us to deepen our relationships and win new business with large scale customers. With continued strong momentum and an excellent pipeline of new business, we look forward to the rest of the year with confidence and optimism.”
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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Big Online SLot Win on Ultimate 10X Slot -
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