Exceptional Growth in Third Quarter Financial Results for 2025
November 12, 2025 - 23:56
In a remarkable demonstration of financial strength, the company has reported a record-setting third quarter for 2025, showcasing significant growth and diversification. The Total Payment Volume (TPV) reached an unprecedented US$10.4 billion, marking a nearly 60% increase compared to the same period last year. This achievement marks the fourth consecutive quarter of TPV growth exceeding 50% year-over-year.
Revenue for the quarter surged by 52%, amounting to US$282 million. This impressive performance reflects the company's ability to capitalize on expanding market opportunities. Additionally, gross profit surpassed US$100 million for the first time, reaching US$103 million, which represents a 32% year-over-year increase.
The adjusted EBITDA also saw a substantial rise, increasing by 37% year-over-year and accounting for 69% of gross profit. This growth underscores the company's commitment to maintaining margin discipline while pursuing strategic initiatives aimed at fostering long-term sustainability and profitability.
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