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.
MORE NEWS
May 26, 2026 - 01:22
Governor cites financial gap for family aid program, hints at cuts and puzzles lawmakersWest Virginia Governor Patrick Morrisey has raised alarms over a significant shortfall in the state`s primary family assistance program, warning that the current funding path is not sustainable....
May 25, 2026 - 01:53
Why Retirees Keep Buying This Dividend ETF After 22 Years of PaymentsThe iShares Select Dividend ETF has been around for over 22 years, making it one of the older income-focused funds still actively traded. For retirees who rely on steady cash flow, the main...
May 24, 2026 - 01:49
Median Home Price Hit $417,700 in April. Here’s What That Means for Your Down PaymentThe National Association of Realtors released its April 2026 existing-home sales report, and the headline number was a familiar one for anyone watching the housing market. The national median...
May 23, 2026 - 02:48
Scaling Blended Climate Finance: What Works in PracticeA special event during London Climate Action Week will bring together policymakers, fund managers, and development experts to examine how blended finance can be expanded to meet global climate...