H1 2023 Figures

• Processed volume was €426.0 billion, up 23% year-on-year. Of these volumes, total point-of-sale volumes were €67.0 billion, up 49% year-on-year

• Net revenue was €739.1 million, up 21% year-on-year

• EBITDA was €320.0 million, down 10% year-on-year. This figure was primarily

  impacted by increased wages and salaries stemming from Adyen’s investments

  into scaling its global team for the long term

• Following these investments, EBITDA margin landed at 43%

• Free cash flow conversion ratio was 77%, with CapEx at 7.6% of net revenue

Shareholder letter & interim financial results

You can find our full H1 2023 financial results and accompanying shareholder letter here.

Earnings webcast

Today, at 3 PM CEST, we will host our H1 2023 earnings videoconference. You can access the live session here. A recording will be made available shortly after on the same webpage.

This press release contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

About Adyen

Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.

Important Regulatory Notice

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