PAX Global Technology Navigates Economic Challenges with Innovation and Strategic Partnerships

The latest update is out from PAX Global Technology ( (HK:0327) ).

PAX Global Technology reported a decline in revenue and profit for the year ended December 31, 2024, with a 9.9% decrease in revenue and a 38.1% drop in profit compared to the previous year. Despite these challenges, PAX maintained a strong cash flow and continued to innovate in the Android smart payment terminal market, expanding its global presence and introducing new products to meet diverse market needs. The company’s strategic focus on risk management and collaboration with global partners has helped mitigate economic headwinds and maintain its industry position.

More about PAX Global Technology

PAX Global Technology Limited operates in the payment technology industry, focusing on developing Android smart payment terminals and Software as a Service (SaaS) solutions. The company collaborates with acquiring banks, Payment Service Providers (PSPs), and channel partners globally, aiming to enhance digital competitiveness and merchant service capabilities across various sectors such as retail, hospitality, and transportation.

YTD Price Performance: 9.84%

Average Trading Volume: 21,380

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $720M

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