(CercleFinance.com) – HiPay jumped 17% after publishing a net profit of 2.2 million euros for last year, compared to a loss of 7.8 million in 2022, its plan savings which enabled it to generate significant operating profitability.
The payment services company thus achieved a current operating margin of 7.4% for turnover up 11% to 65.5 million euros, growth similar to that of its payment volumes which reached 8.39 billion euros.
With a positive operating structure and a solidified financial structure, HiPay renews its ambitions. Its 2024 budget notably includes maintaining at least the level of operating profitability at the 2023 level.