HiPay Group Reports Strong Financial Performance in 2024

HiPay Group showcased robust financial results for 2024, marked by significant growth and stable financial health. The company processed 138 million commercial transactions, with revenue increasing by 13.4% to reach €74.2 million. Operating profitability remained strong with an EBITDA of €10.8 million, representing 14.5% of revenue. Current EBIT was recorded at €6.2 million.

The company's financial structure appears reinforced with free cash flow amounting to €11.2 million and available cash at €12.1 million. New debts were reported at €9 million, with total financial debt reaching €31.4 million. Notably, international markets recorded a 20% revenue increase, driven by substantial growth in Portugal, Italy, and Germany.

Looking ahead, HiPay anticipates continued growth, especially in omnichannel services and digital wallets. However, the company exercises caution due to economic uncertainties in Europe, predicting growth between 5% and 10% for 2025.