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SafeCharge International reports "record" revenues in Q4

Thursday, 10th January 2019
Payments technology company SafeCharge International said it saw record revenues and transaction processing volumes in the fourth quarter of 2018 as the strong momentum reported in November continued.

The company said its processed volume for full-year 2018 grew 45% to US$13.9bn, compared to $US9.6bn in 2017.

Further, it expected its 2018 revenue to be "at the top end" of management expectations, with full-year revenue between $US137.5-138.5m and adjust earnings in line with guidance in the range of US$36.5-37.5m.

SafeCharge said that the full-year dividend would total 75% of the period's adjusted earnings (EBITDA).

At 9:38am: (LON:SCH) SafeCharge International Group share price was +2p at 270p

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