Westpay Q2 net sales rise 11% to SEK 19.36 million; EBIT climbs to SEK 1.47 million

Reuters2026/08/21 05:03

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Westpay posted Q2 net sales of SEK 19.83 million, up 11% year over year; operating profit rose to SEK 1.47 million.
Net earnings swung to SEK 778,000; earnings per share came in at SEK 0.01.
Annual recurring revenue climbed to SEK 54.6 million, up 10% year over year; recurring revenue represented 69% of net sales.
Gross margin narrowed to 85% from 90%, reflecting higher landing costs for payment terminals following RAM-memory component shortages.
Westpay struck a three-year strategic partnership with Worldline, targeting a direct technical connection in production by Aug. 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westpay AB published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Westpay Q2 net sales rise 11% to SEK 19.36 million; EBIT climbs to SEK 1.47 million

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