Wirecard sees transaction volumes jump to $889.22 billion plus in 2025

The German payment firm has hiked its revenue potential by 2 billion in 2025.

On Tuesday, German payments firm Wirecard stated, it was increasing its 2025 targets for transaction volume, revenue and EBITDA thanks to organic growth drivers and partnerships.

With the news reaching the market its shares by 2.2% in premarket trading.

Wirecard, which is holding its capital markets day in New York said, it expected a transaction volume upwards of $889.22 billion (810 billion euros) in 2025, up from its previous forecast of 710 billion euros.

It now sees a revenue potential of more than 12 billion euros in 2025, compared with its previous prediction of more than 10 billion euros.

It has now forecast its earnings before interest, taxes, depreciation and amortization of more than 3.8 billion euros in 2025, up from 3.3 billion euros.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s