LM PAY S.A. EQS-Adhoc: LM PAY S.A. Announces Third Quarter 2024 Preliminary Results and Updated Guidance
Transparency directive : regulatory news
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EQS-Ad-hoc: LM Pay S.A. / Key word(s): Quarter Results/9 Month figures Q1-3 2024 YTD Highlights
Warsaw, November 21, 2024 – LM PAY S.A., listed on the Primary Market of the Düsseldorf Stock Exchange (ISIN: PLLMPAY00016), today announced its preliminary results for the nine-month period ending September 30, 2024. As a leader in embedded healthcare finance, LM PAY continues its double-digit growth, expanding its customer base and strengthening its partnerships. Key Financial Results
In Q3 2024 alone, LM PAY recorded sales of PLN 4.6 million, a 23% increase compared to Q3 2023 (PLN 3.7 million). EBIT Performance EBIT for the first nine months of 2024 reached PLN 7.4 million (EUR 1.7 million), significantly exceeding the previous year's figure of PLN 0.4 million. This improvement reflects the company’s business growth and the absence of one-off costs associated with its 2023 stock market listing in Germany. Customer Metrics During the first three quarters of 2024, LM PAY serviced 29.4 thousand clients, a 17% YoY increase. The proportion of returning customers remained stable at 30%, reflecting consistent demand for medical and beauty treatments and high levels of customer satisfaction and loyalty. Outlook For the full year 2024, LM PAY anticipates:
The company remains well-positioned to capitalize on its strong market position and the growing demand for embedded finance in healthcare and beauty services. Note: Figures for Q1-3 2024 are unaudited. For further information, please contact: LM PAY S.A. Grzegorz Pieszak Lechicka 23A 01-156 Warsaw Poland
Investor Relations +48 881 780 994
End of Inside Information
21-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | LM Pay S.A. |
| Lechicka 23a | |
| 02-156 Warsaw | |
| Poland | |
| ISIN: | PLLMPAY00016 |
| WKN: | A3EWU0 |
| Listed: | Regulated Unofficial Market in Dusseldorf (Primärmarkt) |
| EQS News ID: | 2035829 |
| End of Announcement | EQS News Service |
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2035829 21-Nov-2024 CET/CEST
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