Paysafe Reports H1 2016 Results After Skrill Acquisition

[kreslik.news]

UK listed payment solutions provider Paysafe Group plc which is traded on the London Stock Exchange (LON:LSE) under the ticker PAYS, today reported its unaudited preliminary results for the 6 months ended 30 June 2016, revealing strong growth for the period.

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Financial Highlights

The company has reported that its H1 2016 revenue increased as much as 118 percent to $487 million compared with $223 million in H1 2015.

Adjusted H1 2016 EBITDA increased by 189 percent to $144 million compared with $50 million in H1 2015, reflecting ... (read more)