German payments firm Wirecard has reported operating earnings before interest, tax, depreciation and amortisation (EBITDA) of 227.3m ($259m) for the fiscal year 2015, a jump of 31.4% compared to 172.9m a year ago.
The company reported earnings after tax of 142.6m, a surge of 32.2% in comparison to 107.9m in 2014.
Go deeper with GlobalData
During the period, the group’s consolidated revenue increased by 28.3% from 601m to 771.3m.
Wirecard said that the transaction volume processed through its platform grew by 31.8% from 34.3bn in the previous year to 45.2bn.
Wirecard CEO Markus Braun said: “We are achieving sustainable growth through the geographical expansion and networking of our business and our payment innovations.”
Wirecard said it expects to post operating EBITDA of between 290m and 310m in 2016.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
