W.a.g Payment Solutions Share Discussion Threads

[jsg123] 07/3/2024 15:24

Why is the volume so tiny here?
It's hardly worth being listed.

[spracklin] 26/2/2024 17:17

Tree shake or bad news on the way?

[johnwise] 04/7/2023 09:53

04/07/2023 7:02am

RNS Number : 8894E

Eurowag Call option to acquire JITpay

[matt123d] 03/5/2023 22:20

Got some volume through here today, maybe it's time for a move above the 110p range

[b00mb0y] 12/4/2023 14:09

I’ve just invested here. Now let this take off!

[pyemckay] 21/3/2023 21:48

quiet thread but that suits very nicely.

nice growth in results but more importantly a very positive outlook for the year ahead. Management seem keen to reduce debt more towards their target and digest their aquisition. Very happy with that as a new holder

[muzerewa] 19/1/2023 09:41

Update this morning. In line with expectations.
Based on company's estimates FY23 forward P/E ratio now ca. 12, not bad for a company with organic revenue growth ca. 20%, growing net margin %, and proven track record of accretive M&A.

[muzerewa] 17/1/2023 16:48

Trading update expected shortly. Company doesn't seem to be on a lot of people's radar screen. Comical sounding name doesn't help it to be taken seriously, but it's worth keeping an eye on.

[muzerewa] 17/1/2023 16:44

Experienced and well-reputed management team, with proven deal making capability, operating in growing markets, rolling out new products to their loyal customer base. Czech management is a positive as they are serious people, Germanic in their style, with a tendency to under-promise and over-deliver..


!FOLLOWFEED

[balcony] 18/11/2022 11:15

recovered almost all yesterdays loss.

[hazl] 30/9/2022 20:23

A bit of a recovery.

[hazl] 16/9/2022 08:54

Not directly relevant but of interest perhaps.
Prof. Michael Tanchum
@michaeltanchum
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➡️Shortens China-to Europe by 900 km and cut eight days off the travel time

[hazl] 14/9/2022 16:20

Certainly does!

[muzerewa] 13/9/2022 16:16

FTSE 250 membership enhances profile of the company.

[hazl] 12/9/2022 20:07

Good to see more interest.

[hazl] 09/9/2022 21:41

Some shares don't need a lot of help and the results here I think speak for themselves.

[hazl] 08/9/2022 11:39

Integration with the PUESC e-customs system developed by the Customs Agency in Poland, which enables the mandatory submission of electronic export declarations. We can now automate the process by creating a PUESC account and registering required information for the electronic declaration. Once a truck enters the territory of Poland the electronic declaration process is automatically triggered, leading to an easier and faster custom clearance process.

[hazl] 08/9/2022 10:32

Driving behaviour is also analysed via an in-house algorithm, which provides valuable tailored insights on drivers and outlines recommendations. The platform also supports the majority of electric vehicles, both Battery electric vehicles (BEVs) and Plug-in hybrid electric vehicles (PHEVs).

During H1 2022, we have added valuable new features to automate fleet operations and improve efficiency:

-- The new Maintenance Module helps our customers to manage vehicle maintenance plans and connect it with the utilisation and planning management. The automated workflows can be set up based on an odometer status event. There is also a possibility to setup customised reminders, deadlines and automated triggers.

-- We have improved the ETA near-real-time calculation and prediction by new insight - Border Crossing Times. The prediction of the time is based on Telematics Big Data, which we collect from all our telematics and toll units and is based on our proprietary analytical algorithms.

-- To improve the profitability and planning process, we have added a new Toll Costs Calculation and prediction based on the real truck and route parameters.

-- Our customers can now offer their unutilised vehicles to third-party fleets using the new Vehicle Sharing functionality to improve not only the overall fleet efficiency but also contribute to a solution tackling utilisation problem within the road-freight transportation industry.

-- To improve the transportation management efficiency, we have added new POI Alerts to inform dispatchers and shippers about vehicles arriving or leaving important locations, e.g. loading or unloading sites.

-- To help our customers to transition to low carbon future, we have developed a Calculation of Energy Consumption and GHG emissions tool. This tool can help our customers to calculate and communicate the emissions of a shipment in the value chain to help shippers understand and identify opportunities to reduce indirect (Scope 3) GHG emissions.

[hazl] 08/9/2022 10:24

The all important outlook.



' Outlook

The Group has performed in line with management expectations year-to-date. Looking ahead, we estimate organic net energy and services sales for Q3 2022 of at least EUR44.5m which would represent strong LTM growth in excess of 19.0% year-on-year. In addition, Webeye's contribution to the top line for Q3 2022 is expected to be at least EUR3.5m.

During the first half of 2022, fuel supply risks and macroeconomic conditions have deteriorated, with inflation and higher fuel prices moderately impacting the Group's operations and operating expenses. Despite these challenges we expect to deliver a resilient full year performance, with Adjusted EBITDA for the year-to-date developing in line with expectations. While inflation, the post Covid-19 cost rebase and additional PLC costs continue to impact our profitability, we expect these incremental costs will be offset by the profit delivered from WebEye in the second half of the year.

Whilst the business has navigated with confidence through the challenging environment, the Directors note elevated risks and uncertainties with respect to the future of the European economy, and potential impacts of the sanctions related to imports of Russian oil introduced by the European Commission. Notwithstanding these headwinds, and assuming no significant worsening of the current environment, we remain confident in our future outlook and reaffirm our mid-term guidance. '

[hazl] 08/9/2022 09:07

Striking results in a difficult market background.



' DELIVERING STRONG AND RESILIENT GROWTH

W.A.G payment solutions plc ("Eurowag", "EW" or the "Group"), a leading pan-European integrated payments & mobility platform focused on the Commercial Road Transportation industry ("CRT"), today announces its interim results for the six-month period ended 30 June 2022.

Financial highlights

The Group achieved strong half-year results with growth in line with mid-term financial guidance.

-- Net energy and services sales(1) up 19.4% year-on-year to EUR87.0m, with organic growth(1) of 18.0% year-on-year;

-- Payment solutions(1) grew by 17.2% year-on-year to EUR63.5m, while mobility solutions(1) grew 25.7% year-on-year to EUR23.5m;

-- Adjusted EBITDA(1) up 5.7% to EUR35.0m resulting in adjusted EBITDA margin of 40.2% impacted by incremental PLC costs and WebEye consolidation;

-- Adjusted EBITDA margin(1) on a comparable basis, excluding WebEye consolidation, incremental PLC costs would be 43.3%;

-- Significant progress on transformational capital expenditure(1) plan with EUR13.3m spent, in line with mid-term guidance set at the IPO;

-- Net cash(1) position of EUR28.7m (gross cash of EUR181.5m) as at 30 June 2022 providing for significant leverage headroom to take advantage of strategic opportunities.

Growing scale and network within a high-quality payments-oriented business model and highly diversified revenue base, underpinned by strong net energy and services sales growth.

-- Average active payment solutions customers(1) up 13.0% year-on-year to 16,523;
-- Average active payment solutions trucks(1) up 7.3% year-on-year to 87,626;
-- Payment solutions transactions(1) up 8.6% year-on-year to 17.7m;
-- Net revenue retention(1) for the last five years over 110%. '