Moneycorp

Full year 2021 and Q1 2022 Trading Update - Seite 2

36,740

50,543

26,611

34,153

38%

EBITDA Margin (%)

26%

24%

Trading Volumes **

37.7 bil

51.9 bil

31.8 bil

40.9 bil

18%

* Continuing operations only, excluding retail
** Trading volumes represents flow measured as single leg transaction volume

Full year 2021 highlights

• Significant growth in EBITDA, excluding retail, up 38% to £36.74m, with the most significant EBITDA growth derived from Financial Institutions Group (FIG) operations in EMEA (up 77%) and International Payment Services in North America (up 35%).
• The Group continues to digitalise its client solutions, with approximately 61% of international payment transactions completed via either the Group's online payments platform or mobile app. During the year, the Group completed a significant data centre migration, now employing Microsoft Azure, to improve scalability and security.
• Following the strategic decision taken in 2020 to exit retail operations, the Group has now closed all bureau de change operations with the closure of the last remaining retail branch at Gatwick Airport in April 2022.

Group Q1 2022 financial metrics*

	Q1 2022		Q1 2021		Change
	(£000's)	(US$000's)	(£000's)	(US$000's)	%