SafeCharge meets forecasts, posts EBITDA of $31.1 million in FY 2015
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SafeCharge International Group Ltd (LON:SCH), an international provider of payments services, technologies and risk management solutions for online and mobile businesses, today published its report for the full year 2015.
Following a very strong first half of 2015, the company managed to see even stronger metrics in the second half of the year, with revenues and EBITDA ahead of the readings for the first six months of last year.
FY 2015 EBITDA reached $31.1 million, in line with SafeCharge’s forecast issued in January this year. Having in mind that the EBITDA for H1 2015 amounted to $15.2 million, this results in EBITDA of $15.9 million for H2 2015.
FY 2015 revenues totalled $99.8 million. Given the H1 2015 result of $49.5 million, the H2 2015 result is $50.3 million. The company notes that revenues increased across its principal business lines throughout the year, culminating with record monthly revenues in December. The diversification of the company’s client revenues also improved during the year with new customers signing with the company.
FY 2015 EBITDA grew 26% year on year, whereas FY 2015 revenues grew 30% year on year.
Is Forex Trading Halal or Haram Conclusion
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