Safecharge Reports Solid and Steady Metrics for First Half of 2017
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Safecharge Reports Solid and Steady Metrics for First Half of 2017
Payment services provider SafeCharge (LSE: SCH) has reported its interim results for the six months ending June 30th, 2017. The first half of 2017 was robust with growth in the volume of transactions as the total value secured robust revenues. A decline in gross profit and in Earnings Before Interest, Depreciation and Amortization (EBITDA) were primarily due to decreased margins as the company diversified its clients.
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The number of transactions increased by 30 percent year-on-year to 75.6 million in the first half ... (read more)
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