Record-Breaking Revenue Growth
Revenue reached $310.7 million, marking a 34.2% year-over-year increase, driven by an increased number of billers and higher transaction values.
Strong Adjusted EBITDA Performance
Adjusted EBITDA was $35.9 million, representing a 45.9% year-over-year increase and a record 36.5% adjusted EBITDA margin.
Significant Contribution Profit Increase
Contribution profit was $98.3 million, up 22.8% year-over-year, with a contribution profit per transaction increase of 3.8%.
Successful New Client Onboarding
Onboarding enhancements led to the successful integration of several large enterprise clients and a substantial backlog, enhancing market visibility.
Expansion into New Verticals
Successfully onboarded a large B2B client in a new vertical, demonstrating the platform's adaptability and increasing TAM.