PayPoint Plc revenue increase by 2.3% for H1FY20

  • Nov 28, 2019 GMT
  • Team Kalkine
PayPoint Plc revenue increase by 2.3% for H1FY20
 
  • PayPoint Plc (LON: PAY) has released the results for the six months to 30 September 2019.
  • Revenue of the company increased by 2.3 per cent to £103.7 million as compared to £106.1 million.
  • Net revenue however increased by 3 per cent to £57.3 million as compared £55.6 million in the same period last year.
  • Operating margin declined by 3.7 percentage points to 42.1 per cent as compared to 45.8 per cent in six months to 30 September 2018.
  • Profit before tax for the reported period stood at £24.0 million as compared to £25.3 million in the same period last year.

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