Saturday , March 25 2023 posts strong 1H 2021 results released an update on how their first half went. It was pretty strong. Domain sales along with website sales were up 77% has just released its half-year results where GPV (Gross Payment Volume) was an all-time record with $475.3m, up 48.0% on pcp or US$366.7m, up 73.3%.

The second quarter was particularly strong, with an all-time record GPV of $270.5 million (up 75.0% on pcp, unaudited) or US$208.5 million (up 105.5% on pcp, unaudited). Ex-China, GPV was also at an all-time record of US$199.6 million (up 113.1% on pcp). Revenue in the half year was also an all-time record revenue of $5.1 million (up 33.7% on pcp) or US$3.9 million (up 56.9% on pcp). is an online provider of secure payments and transaction management for consumers and businesses on the Internet. It was the first company to create an online escrow over a decade ago and is leading the way in safe, reliable and trustworthy escrow services with over US$5 billion in transactions secured since 1999 from over 2 million customers. The company was purchased by (ASX:FLN, OTCQX: FLNCF) in 2015. 

Category breakdown:

  • Motor vehicles, up 210% on pcp. 
  • Online (domains, websites), up 77% on pcp
  • General merchandise up 42% on pcp
  • Services up 37% on pcp
  • Luxury (watches), up 18% pcp 
  • Overall up 73.3% on pcp

The post posts strong 1H 2021 results appeared first on TLD Investors.

About Raymond Hackney

Check Also expires closes at $22,750 it traded higher in 2015

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