EQS-News: Deutsche Payment A1M SE
/ Key word(s): Miscellaneous
Corporate News
Deutsche Payment A1M SE: Review and Outlook of the Management Board at Year-End Deutsche Payment A1M SE is about to close its first operating year. On this occasion, the Management Board has summarized its assessment of the current business situation in a "Letter to the Shareholders." Although the sales/earnings forecasts for 2022 and 2023 were reduced in November despite operational and organizational progress, the Management Board believes the company is well equipped to continue rolling out the business model even in these difficult times. Berlin, December 2, 2022 – The Management Board of Deutsche Payment A1M SE has published a "Letter to the Shareholders" on the company's website. This is intended to help shareholders better understand the current situation of the still young growth company against the backdrop of an economic environment characterized by many disruptive factors. Production bottlenecks and declining consumer spending are also affecting the business activities of merchants, that are typically among the business customers brokered by Deutsche Payment. Therefore, the current political and macroeconomic situation also affects Deutsche Payment's sales. However, the Management Board believes that the company is well equipped to successfully bridge these difficult times because of its asset-light model. With regard to the operating business, Deutsche Payment’s Management Board comments in detail on the lowered forecast published in November 2022 and identifies the main reasons for missing the sales targets. In respect to the assessment of the target figures, the development stage of the company is highlighted. As the company is in an early growth phase, deviations from forecasts are not unusual. In essence, however, the Management Board believes that the foundation for future growth has been laid and recommends taking a long-term view in order to assess the development of the operating business. The same perspective is also recommended regarding the development of the share price. Since the completion of the reverse IPO, there have been strong movements in the share, both upwards and - after publication of the forecast adjustment - downwards. Deutsche Payment A1M SE sees itself as a long-term oriented growth company and would also like to offer private investors the opportunity to participate in its development. The complete "Letter to the Shareholders" is available on the company's website at https://investor.deutsche-payment.com/en/accouncements/.
Contact: Dr. Erik Hermann (Investor Relations)
About Deutsche Payment Successful companies inspire their customers not only with an attractive offer. Digital payment solutions that have a positive impact on the customer experience - online, mobile, and at the point of sale - are the key to successful customer retention. Our mission is to provide companies with innovative and cost-optimized payment solutions that are tailored to their individual needs and meet the highest security standards. For our solutions and our consulting, we place particular emphasis on customer orientation and positive customer experiences. More information: www.deutsche-payment.com/en/
02.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Deutsche Payment A1M SE |
Knesebeckstrasse 62 | |
10719 Berlin | |
Germany | |
Phone: | + 49 30 652121346 |
Fax: | + 49 40 6378 5423 |
E-mail: | info@deutsche-payment.com |
Internet: | www.deutsche-payment.com |
ISIN: | DE000A2P74C5 |
WKN: | A2P74C |
Listed: | Regulated Unofficial Market in Dusseldorf |
EQS News ID: | 1504363 |
End of News | EQS News Service |
|
1504363 02.12.2022 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.