Adyen Releases H2 2021 and Full Year Financial Results

Results for the past half year were strong, and the indicators of sustainable profitable growth remain intact. The company achieved new milestones in the past year including half a trillion Euros of processed volume and a billion Euros of net revenues.

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Summary H2 2021

• Processed volume was €300.0 billion, up 72% year-on-year

• Net revenue was €556.5 million, up 47% year-on-year

• EBITDA of €357.3 million, up 51% year-on-year

• EBITDA margin was 64% for the period as a result of strong net revenue growth paired with the operational scalability of the Adyen platform

• Free cash flow conversion ratio was 90%, with CapEx at 6% of net revenue driven by investments in our new headquarters in Amsterdam.

Full Year 2021 Figures

• Processed volume was €516 billion: up 70% year-on-year

• Net revenue was €1.0 billion: up 46% year-on-year

• EBITDA of €630 million: up 57% year-on-year

• EBITDA margin was 63% for the full year

• ​CapEx was 5% of net revenue for the full year

About Adyen

Adyen is the payments platform of choice for many of the world's leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L'Oréal.