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Home » FinTech Gocardless Halves loss will target the year’s profit by 2026.
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FinTech Gocardless Halves loss will target the year’s profit by 2026.

userBy userFebruary 3, 2025No Comments3 Mins Read
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HIROKI Takeuchi, a co -founder and CEO of GOCARDLESS.

ZED JAMESON | Bloomberg | Getty Image

Financial Technology Unicorn Gocard stated that it aimed to reach the profitability of the year by 2026, rather than half the loss in 2024.

London -based emerging companies have helped to collect regular payments, such as subscriptions, and reported 35.5 million pure losses ($ 43.8 million) until June 30, 2024.

This was a 55 % improvement by 78 million pounds that lost the previous year.

The company stated that the “restructuring activity” contributed to a decrease in operating loss in 2024 at the end of the year ending in June 2023. In June 2023, GOCARDLESS announced that it will reduce global labor by 15 %. As a result, GOCARDLESS salary costs decreased by 13 % in the company’s 2024 fiscal year to £ 79.2 million.

Nevertheless, this has improved the company’s financial situation, but said GOCARDless’s “CEO HIROKI ACKUCHI of CEO HIROKI ACKUCHI has greatly helped CNBC, and its growth has grown significantly.

“We’ve been focused on cost … we want to be very efficient as we scaled,” said Takeuchi last week. “But we need to continue to grow. We need both of them to reach the place we want to be.”

GOCARDLESS has increased earnings by 41 % to £ 132 million in 2024.

Last year, in March 2024, GOCARDLESS RECORD recorded the first monthly profit. Ackuchi stated the purpose of GOCARDLESS to record the profits of the first year in 12 to 18 months, and added “it works.” 。

IPO “No planning”

In September, GOCARDLESS acquired a company called Nuappay. This helps companies collect and send payments through bank transfer.

When asked if GOCARDLESS is considering further merging and acquisitions in the future, Takeuchi added that the company is “aggressively watching” and added, “I see many opportunities.” Ta.

After the acquisition of NUAPAY, Takeuchi stated that GOCARDLESS is currently testing a new feature that clients can distribute funds to their customers.

“If you take something like energy, most of the payments are to collect money,” he told CNBC.

“However, there is a solar panel on the roof, and there may be customers who send energy back to the grid, and you need to be paid to the generated energy.”

GOCARDLESS, supported by the Alphabet venture arm GV and Blackrock, lasted $ 2.1 billion in February 2022.

Takeuchi said that the company does not need external capital, and that there is no plan to open new shares in the near future.

FinTech has been looking for a plan for Sweden’s FinTech Clarna to open it, but many people are waiting to see what will happen before deciding on their plan.

Historical low technology IPOs have chosen some startups to provide employees and early shareholders fluidity by selling shares in the distribution market.

In November, Bloomberg reported that GOCARDLESS had selected the Investment Bank Lazard and advised on the $ 200 million vice -stock sales. GOCARDLESS refused to comment on this report.


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