Posted on 08/14/2013 at 10:15
Q2/6-month report 2013
After a successful first half of fiscal year 2013, Wirecard AG can also expect its business to grow positively in the next six months.
After a successful first half of fiscal 2013, Wirecard AG can also expect its business to grow positively in the next six months.
Consolidated revenues increased in the first half of 2013 by around 22 percent from EUR 177.9 million to EUR 216.1 million. In the second quarter of 2013 consolidated revenues lifted by 22 percent to EUR 115.1 million (Q2/2012: EUR 94.3 million).
EBITDA increased in the first half of 2013 by 14 percent from EUR 49.4 million to EUR 56.2 million. After adjustment for the investments in the new Mobile Payment division that were recognized in income, EBITDA growth in this period would have totaled 23 percent.
In the second quarter of 2013 EBITDA lifted to EUR 29.9 million (Q2/2012: EUR 26.1 million).
During the first six months of the current fiscal year, the transaction volume processed via the Wirecard platform increased by around 29 percent to EUR 12.1 billion. EUR 1.8 billion or by around 15 percent of this total was generated in Asia.
The cash flow from operating activities after adjustment for transaction volumes of a transitory nature totaled EUR 41.5 million after the first six months of 2013.
Wirecard AG offers its customers state-of-the-art technology, transparent real-time reporting services and support in developing their international payment strategies throughout all sales channels; offline, online or mobile.
“We will continue to build on our leading position in our core disciplines and are taking an optimistic view of our business in the second half of the year,” commented Dr. Markus Braun, Wirecard AG’s CEO.
Wirecard AG’s Management Board has confirmed its forecast of recording EBITDA of between EUR 120 million and EUR 130 million in fiscal year 2013, considering the investments in the Mobile Payment division.
The Q2/6M report for 2013 can be downloaded immediately from our Web site http://www.wirecard.com/investorrelations/financialreports/
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