Revenue climbed to RON118 million in January-June 2024 from RON92.7 million in the year-earlier period, as per the report.
“In the first half of 2024, SelfPay’s revenue grew by 26.4% due, on the one hand, to the strategy of diversifying and developing the portfolio of services provided to the users of payment stations, the positive accelerated trend of the mobile application SelfPay Now, and, on the other hand, due to expanding the national network of payment stations whose number grew to 11,200 terminals at the end of the first half of 2024”.
During the analyzed period, despite accelerated investments and expenses for the expansion, the company maintained a positive result, reporting net profit of RON13.89 million, significantly higher than RON4.7 million reported in the same period of 2023.
SelfPay CEO, Adrian-Daniel Badea, says the number of processed transactions advanced 19% in the first half of 2024 compared with the year-earlier period, and the EBITDA reflects the financial impact of expanding the payment station network and of the new services, seeing a 118% surge compared with the same period of 2023.