W.A.G payment solutions Earnings Call Transcripts
Fiscal Year 2025
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2025 saw strong revenue and EBITDA growth, driven by toll and mobility solutions, and the successful rollout of the Eurowag Office platform. Customer migration is on track, recurring revenues are rising, and guidance for 2026 targets continued double-digit growth and robust margins.
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Delivered double-digit net revenue growth and strong cash generation in H1 2025, with payment solutions and mobility segments driving results. Net leverage improved to 2.0x, and the rollout of the Eurovac Office platform is accelerating digital transformation and cross-sell opportunities.
Fiscal Year 2024
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Net revenues rose 14% to EUR 292.5 million, with strong growth in both payments and mobility segments. Cash EBITDA increased 23%, and net leverage improved to 2.3x. The company is rolling out its digital platform, targeting 30% customer migration in 2024 and maintaining a cautious but optimistic outlook for 2025.
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Net revenue grew 18.4% year-over-year to EUR 141 million, with strong gains in both payment and mobility segments. Integration of acquisitions and digital platform rollout are progressing, while credit losses rose amid macro headwinds. Guidance for mid-teens revenue growth and stable margins is reiterated.