Payments services provider SafeCharge (LSE: SCH) has just released its final results for the year ending 31 December 2016.
The figures show a strong financial performance year-over-year with core revenues growing 11% to $101.5 million, EBITDA (at constant currency) increased by 14% to $35.3 million and cash balances at year end remained stable at $115.4 million. The excess free cash flow is offloaded to shareholders via the dividends which grew by 46% to 16.47 $c.
David Avgi, CEO of SafeCharge, said: “I am pleased to report a good set of results. ... (read more)