HiPay Group (ALHYP) Trading Update summary

Financial performance highlights

• Annual revenue increased by 13.4% year-over-year and 26% compared to 2022, reaching €74.2 million.

• Payment volume rose 4.4% from 2023 and 22% from 2022, totaling €9,152 million.

• Fourth quarter revenue grew 19.7% year-over-year, with payment volume up 5.1%.

• Revenue rate on flows improved to 0.81%, up 0.06 basis points from 2023.

• POS transaction revenue surged 56.3% year-over-year, reflecting strong omnichannel growth.

Business and market developments

• Exceeded budget targets, with robust growth in digital and Southern European markets.

• Retail France returned to growth in Q4, signing 302 new contracts with notable brands.

• Digital/iGaming sectors continued to expand during the period.

• Revenue outside France grew 20%, driven by strong volumes in Portugal, Italy, and Germany.

Outlook and strategic initiatives

• 2025 growth forecast set at 5–10%, reflecting cautious optimism amid European consumption trends.

• Focus remains on organizational structuring, margin improvement, and onboarding new customers.

• Next financial update scheduled for April 14, 2025.