PRESS RELEASE

from HIPAY GROUP (EPA:HIPAY)

Q1-2025 Consolidated Revenue

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 Press release

Revenue for the First Quarter of 2025

HiPay continues its growth trajectory in 2025 with a 10.4% increase in sales

HiPay launches Bancontact Wallet-Initiated

Payments, aligning with the pan-European momentum led by the EPI initiative."

Annual growth forecast between 7% and 10%

●     Total Payment Volume up by 5.7% to €2.3 billions

●     Revenue up 10.4% to €19.1 millions

●     45 new clients during the period

●     Forecast of sustained and profitable annual growth, between 7% and 10%, approaching €80 million revenue

On May 6, 2025, at 8:30 a.m.: HiPay, the fintech specialized in omnichannel payment solutions, announces its revenue for the first quarter of 2025.

In millions of euros (1)

2025

2024

Var. %

1st quarter

Payment volume

2 295

2 171

+5.7 %

Revenue

19.1

17.3

+10.4 %

(1) Unaudited figures

HiPay achieved revenue growth of 10.4% in the first quarter of 2025.

●        The first quarter reinforces HiPay’s growth, with a 6% increase in processed flows and a 10% increase in revenue.

●        Over the past three years, the compound annual growth rate (CAGR) of our sales stands at 12%.

●        For the quarter, the revenue-to-flows ratio was 0.83%, an improvement of 0.03 points compared to 2024 (0.80%). This increase in average pricing is once again explained by the evolution of the client and product mix. 

Diverse and thriving sectors supported

●        Compared to the first quarter of 2024, all of the Group’s business units posted growth.

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 Press release

●        In the French market, HiPay maintained excellent momentum this quarter with 13.5% growth and more than 45 new contracts signed in the retail sector, including brands such as Retif, Malongo, Saclab, and Cavalinho. HiPay’s omnichannel positioning continues to attract retail clients in France.

●        HiPay recorded strong and ongoing growth in omnichannel payments, with pointof-sale (POS) transaction revenue up by 80.1% compared to the first quarter of 2024.

●        The iGaming and Digital sectors continued to grow over the period, with 11.4% growth.

●        International flows remained significant at 44.1%, driven by strong momentum in iGaming and Italy. 

Outlook and forecasts

●        The Group’s revenue forecast for fiscal year 2025 points to growth of between 7% and 10%, supported by ongoing trends observed over the past 12 months and the onboarding of new clients, while maintaining a path to profitability.

Next financial communication: July 29th 2025 – First half 2025 revenue.

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About HiPay

HiPay is a global payment service provider. By harnessing the power of payment data, we help our merchants grow by giving them a 360-degree view of their business.

More information on hipay.com. You can also find us on LinkedIn.

HiPay Group is listed on Euronext Growth (ISIN code: FR0012821916 – ALHYP).

Investor relations

Eric Meynard (DGM) +33 (0)6 98 04 33 07 emeynard@hipay.com 

This press release does not constitute an offer to sell or the solicitation of an offer to buy any HiPay securities. For further information on HiPay Group, please visit our website hipay.com, Investors section. This press release may contain certain forward-looking statements. Although HiPay Group believes that these statements are based on reasonable assumptions as of the date of this press release, they are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. HiPay Group operates in a fast-moving industry in which new risk factors may emerge. HiPay Group assumes no obligation to update these forward-looking statements to reflect new information, events or circumstances.

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