As revealed in the January trading update, the global cloud provider of secure payment solutions had an excellent first half to December with revenue growing 72% yoy – which led us to raise our FY22 and FY23 expectations. On the back of an expanding partner eco-system, channel sales of the leading-edge AWS cloud platform subscription model are the main driver of growth. With growing revenues on flat platform costs, the losses have been steadily reducing half on half. However, the second half wil ....
01 Mar 2022
PCI Pal - PCI confirms a strong 1H performance
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PCI Pal - PCI confirms a strong 1H performance
PCI-PAL PLC (PCIP:LON) | 62.5 -0.6 (-1.6%) | Mkt Cap: 45.0m
- Published:
01 Mar 2022 -
Author:
Cavendish Research -
Pages:
17
As revealed in the January trading update, the global cloud provider of secure payment solutions had an excellent first half to December with revenue growing 72% yoy – which led us to raise our FY22 and FY23 expectations. On the back of an expanding partner eco-system, channel sales of the leading-edge AWS cloud platform subscription model are the main driver of growth. With growing revenues on flat platform costs, the losses have been steadily reducing half on half. However, the second half wil ....