Adyen NV : High growth continuing, profit benefit from higher rates, lower TP
>Conclusion: High growth continuing, profit benefit from higher rates, lower TP - For 2H22 we expect at Adyen a Total Payment Volume (TPV) of € 416bn (+39% yoy) as they clearly continue to win market share, and we have a net revenue of € 702m (+26% yoy ) as a result of a lower ‘take rate’ by more airlines in the mix and more volume benefits for large clients. The profit growth will temporary be somewhat less than revenue growth as Adyen is investing/hiring extra in 20...Adyen NV, formerly Adyen BV, is provider of mobile, online and point-of-sale (POS) payment solutions based in the Netherlands. It operates an online platform enabling merchants to accept payments internationally and from all sales channels, such as online shops, mobile payments from applications and Websites, and POS, such as countertops, mobile terminals, tablets and cash registers, among others. The platform covers the entire payment chain, including technical, contractual, reconciliation and settlement processes. The platform is available in the form of ready-to-use payment pages (HPP), application programming interface (API), and client-side encryption solution (EE). The Company's customers include Mango, KLM, Netflix, Superdry, Uber, Groupon and Crocs, among others. It has offices in the Netherlands, the United Kingdom, France, Germany, Belgium, Brazil, China, Australia, Mexico, Singapore, Spain, Sweden and the United States.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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