Earnings Alerts

Adyen BV (ADYEN) Earnings Soar with EU438M in 1Q Net Revenue and Strong Growth in Processed Volume

• Adyen’s net revenue for the first quarter was EU 438 million.

• The company’s processed volumes hit EU 297.8 billion in this period.

• Adyen added 26 new joiners in the 1Q.

• Growth for this period largely came from existing customers, contributing over 80% to this period’s growth, with less than 1% of the volume churn.

• North America was Adyen’s fastest-growing region during this timeframe.

• The Digital processed volume increased by 51% Year-Over-Year (YOY).

• Moreover, Unified Commerce processed volume experienced a 30% annual growth.

• Platforms processed volume raised by 55% YOY. Showing a marked growth, the Platforms volume excluding eBay, surged by 116% YOY.

• Adyen maintained its financial objectives steady despite the challenging times.

• The company received 26 buy recommendations, 10 holds, and 2 sells from brokers.


A look at Adyen BV Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Adyen BV, a payment solutions provider, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong focus on growth, resilience, and momentum, Adyen BV scores high on these key factors. The company’s platform facilitates online, mobile, and point-of-sale payment processing for merchants globally, offering a wide range of payment methods. While its value and dividend scores are not as high, the impressive scores in growth, resilience, and momentum suggest a positive trajectory for Adyen BV in the long run.

Adyen BV‘s Smartkarma Smart Scores reveal a company well-positioned for continued success in the payment solutions industry. Its emphasis on growth, resilience, and momentum, coupled with a global customer base, bodes well for its future performance. As Adyen BV continues to innovate and expand its payment processing capabilities, investors may find the company to be a compelling choice for long-term investment opportunities.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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