H1 2021 results
HiPay confirms its profitable growth trajectory. Strong increase in payment volume (+27%, €3.2 billion).
- Revenues[1] up by +23% vs. H1 2020, driven by higher payment volume (+27% vs. H1 2020 and +82% vs. H1 2019).
- Operating profit, which has been growing steadily is now close to break-even, at
€ -0.4 million. - HiPay’s financing capacity stands at €8.6 million as of 30 June 2021.
- IDMidCaps initiated coverage of HiPay[2] with a “buy” recommendation in September.
[1] Unaudited data
[2] Coverage commissioned by the issuer, available on the company’s website https://hipay.com/fr/investisseurs
| About HiPay
HiPay is a global payment provider. By harnessing the power of payment data, we participate in our merchants’ growth by bringing them a 360° vision of their activities. More information on hipay.com and find us on LinkedIn and Twitter. HiPay Group is listed on the Euronext Paris Compartment C (ISIN code: FR0012821916 – Mnemo: HIPAY) |
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| Press Contact | Investor Relations |
| Jawad Khatib (Vae Solis Communications) +33 (0)6 12 66 22 49 jawad.khatib@vae-solis.com |
Jérôme Daguet (CFO HiPay)
+33 (0)7 86 53 93 93 |
This press release does not constitute an offer to sell or the solicitation of an offer to buy HIPAY securities. If you would like more complete information about HiPay Group, please refer to our website hipay.com, Investors section. This press release may contain certain forward-looking statements. Although HiPay Group believes that these statements are based on reasonable assumptions as of the date of this press release, they are by their nature subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by these statements. HiPay Group operates in a highly evolving sector in which new risk factors may emerge. HiPay Group does not undertake any obligation to update these forward-looking statements to reflect new information, events or other circumstances.