Laitetaan samalla uutiset loppuvuodesta ja alkuvuodesta.
Maksupäätteitä on voinut jo bongata Suomesta: Adyen enters into a long-term payments partnership with S Group across 1,900+ locations in Finland and Estonia - Adyen
Klarna yhteistyö syvenee: Adyen and Klarna extend global strategic partnership - Adyen
Uusi yhteistyö Islannista*: Adyen partners with Straumur to simplify payments in Iceland - Adyen
Henkilöstömuutoksia tulossa: Alexander Matthey, Adyen’s CTO, to end tenure in 2024 - Adyen
Adyen H2 2023.
Adyenin tulospuhelut ovat aina laadukkaita ja vahva katselusuositus taas kerran
Niin ja S-Ryhmä mainittu K&V osissa, torille!
Not a company I’m familiar with personally, but I’ve spotted the thread on the forum. Kind words from Goldman Sachs and a spot on the ‘European conviction list’
In the payments space, Goldman analysts see Adyen’s offering “as amongst the best-in-class,” with the company “entering a sweet spot of top-line growth and margin expansion.”
“Adyen is the clear market leader in high functionality, full stack, global multi-channel offers with its single, fully integrated platform,” the broker’s note said.
Analysts expect Platform growth in particular to be an incremental driver in future years given it is the only payments player providing ‘Enterprise level’ capability to SMBs to manage rising complexity.”
A few announcements after the earnings report
Processed volume was €297.8 billion, up 46% YoY. Digital processed volume was up 51% YoY, Unified Commerce processed volume was up 30% YoY, Platforms processed volume was up 55% YoY.
Net revenue was €438.0 million in Q1 2024, up 21% YOY. Continued momentum in North America, which remained the company’s fastest- growing region
H1 2024
Adyen now publishes business updates for Q3 and Q1.
Here is the Q3 2024 released today
The tweet below indicates that Adyen’s stock combines strong growth and profitability, but also reminds how competition in the industry is intensifying, which may affect long-term margins.
The company operates without acquisitions, which supports an efficient platform structure and enables market share growth; however, according to the tweet, a risk is an unclear capital allocation strategy in the coming years.
The current valuation is high, so a “fair price” is estimated to be around €1,500, meaning there may be potential for long-term upside if growth and profitability remain as expected. The competitive environment and strategic decisions should be closely monitored going forward.
This tweet might help understand the company better. 
https://x.com/wolfofharcourt/status/1879123864829239300
Adyen’s in-store payment volume has seen a strong increase compared to competitors. (December tweet)
Here’s a fresh and long tweet about this Dutch marvel.
The tweet discusses, among other things, how Adyen’s strengths include its top-quality products, which ensure better + more reliable payment acceptance than competitors, as well as partnerships with the fastest-growing companies. The company benefits from the growth of its partners and invests in a strong corporate culture, founded on excellent leadership and internal ownership. Adyen has high margins, a strong balance sheet, and the ability to create significant long-term value. The stock is expensive, but according to the tweet, it offers attractive opportunities for long-term investors.
https://x.com/everydaystocksx/status/1880328488231608697
The tweet below states, among other things, that Adyen’s market share is still small, but it has significant growth potential, especially in e-commerce. The company is expanding into Asian and Latin American markets and has acquired several different payment platforms. The company is also developing new products, such as card issuance and B2B payments.
https://x.com/longtailwinds/status/1888242789064044972
https://www.adyen.com/press-and-media/adyen-publishes-h2-2024-financial-results
H2 2024 key metric
Net revenue* was €1,082.7 million, up 22% year-on-year.
Processed volume was €666.4 billion, up 22% year-on-year, 28% excluding a single large volume customer.
Of these volumes, total point-of-sale volumes were €137.1 billion, up 48% year-on-year.
EBITDA* was €569.2 million, up 35% year-on-year, with EBITDA margin* landing at 53%.
Free cash flow conversion ratio* was 88%, with CapEx* at 5% of net revenue
https://x.com/Quality_stocksA/status/1889930367026774064
Summasummarum: Eli nyt kerätään viime vuosien investointien hedelmiä, kuten johto on selkeästi mielestäni puhunut.
If you look at the tweet below, it seems that Adyen has an attractive growth and profitability profile in its field.
It’s also a good tweet in that one can easily compare different players with each other.
Here’s a brief “analysis” of Adyen
Here is Adyen compared with Stripe.
https://x.com/EquityBrian/status/1897274386555757018
Here is a tweet about the company’s revenue development.
https://x.com/FluentInQuality/status/1897649908225642779
The above is from this tweet thread:
https://x.com/FluentInQuality/status/1897649890563400113
I’ll put this at the end here 
https://x.com/100baggerhunt/status/1897847055353045035
The tweeter sees it as a positive sign that Adyen’s bosses have not sold their shares in 2024, especially since Van der Does stopped his previous sales.
https://x.com/DutchInvestors/status/1899532689557909548
I’ll put this here too, even though there’s nothing particularly amazing or new about it, but perhaps it’s a good point to note.
https://x.com/jevgenijs/status/1895440589338157328
The tweeter apparently considers Adyen cheap because its valuation is historically low: EV/FCF is 39 and free cash flow growth is over 30 percent. According to the tweet, the company has a strong competitive advantage and a scalable business model, in other words, it could be an attractive investment target. 
https://x.com/QualityInvest5/status/1908613522763726958
According to the tweet below, Adyen’s start to the year was strong, with broad-based growth across all business segments. Digital commerce growth continued, especially in content and subscription services. The platform business benefited from the demand for SaaS and financial products.
The company expects growth to continue, although single quarter figures don’t always tell the whole story. The customer base has expanded, and the commitment of existing customers has deepened, and economic uncertainty has not significantly impacted the outlook. Adyen also continues to invest long-term in recruitment and platform development.
According to the tweet, Adyen’s growth is based on expanding existing customer relationships and acquiring new customers from various industries and regions. The tweet also mentions that the company leverages its own global technology platform and banking licenses, which distinguishes it from competitors. Future prospects remain strong across all three main areas: digital commerce, unified commerce, and platform solutions.
https://x.com/search?q=ADYEN&src=typed_query&f=live
Ethan Tandowsky, CFO Adyen:
“Our results so far this year underscore the strength of our strategy and the value we deliver to our customers. We saw solid momentum across regions and pillars, with continued wallet share gains from a broader, more diversified customer base, reflecting the effectiveness of our commercial strategy and execution,” said Ethan Tandowsky, CFO.
“While increased uncertainty in the broader macro environment plays a role, we’re focused on what we can control: deepening relationships with existing customers and onboarding new ones. We’re confident in our ability to navigate this dynamic landscape and deliver on our long-term goals.”
