Sweden's Westpay FY net sales rise 9%, EBITDA up 145%

Westpay AB

20/02/2026 06:08

Overview

Nordic payment solutions provider's FY 2025 net sales rose 9%, EBITDA up 145%

Recurring revenues grew 15% in FY 2025, reaching 67% of total sales

Company launched Phoenix platform to enhance payment terminal management

Outlook

Westpay targets 15% annual ARR growth and 10% EBIT margin over 3-5 years

Westpay enters MSEK 12 financing agreement to support long-term growth strategy

Result Drivers

RECURRING REVENUES - Recurring revenues grew 15% in FY 2025, making up 67% of total sales, driven by the scalability of Westpay's SaaS business model

PHOENIX PLATFORM - Launch of Phoenix platform enabled centralized management of payment terminals, reducing operational overhead for merchants

PARTNER NETWORK EXPANSION - Partner network expanded to over 70 partners, supporting growth across multiple sectors

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 20.80 mln
Q4 EPS
SEK 0.02
Q4 Net Income
SEK 1.80 mln
Q4 EBIT
SEK 2.50 mln
Q4 EBITDA
SEK 4.90 mln


Press Release: ID:nMFN9q3dPC

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)