RS2 Software p.l.c. Reports Group and Company Financial Results for Year Ended December 31, 2017
April 25, 2018 at 01:35 pm EDT
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RS2 Software PLC reported group and company financial results for year ended December 31, 2017. For year, the group reported revenue from continuing operating of €17,380,026 compared to €17,171,291 a year ago. Results from continuing operating of €1,619,510 compared to €843,601 a year ago. Profit before income tax of €1,225,837 compared to €880,816 a year ago. Profit attributable to owners of the company of €793,033 or €0.005 per share compared to €576,906 or €0.003 per share a year ago. Net cash from operating activities was €4,563,404 against €2,669,539 for the same period of last year. Acquisition of property, plant and equipment was €437,084 against €568,252 for the same period of last year.
For year, the company reported revenue from continuing operating of €14,809,148 compared to €15,629,023 a year ago. Results from continuing operating of €2,174,888 compared to €1,656,328 a year ago. Profit before income tax of €1,839,451 compared to €1,757,513 a year ago. Profit attributable to owners of the company of €1,300,814 or €0.008 per share compared to €1,232,154 or €0.007 per share a year ago. Net cash from operating activities was €5,528,688 against €3,115,192 for the same period of last year. Acquisition of property, plant and equipment was €301,505 against €355,037 for the same period of last year.
RS2 p.l.c., formerly RS2 Software p.l.c., is a provider of omni/multichannel payment software and end-to-end payment solutions for both issuers and acquirers on a single payment platform for banks, large financial institutions, integrated software vendors (ISVs), payment facilitators (PayFacs), independent sales organizations (ISOs) and merchants throughout Europe, North America, Latin America (LATAM), Asia Pacific (APAC) and the Middle East, covering various industries, such as travel, hospitality, retail, gaming, FX and health care. Its acquiring software solutions include onboarding, online authorization, POS acquiring, e-commerce acquiring, ATM acquiring, dispute management, risk and fraud management, merchant accounting, clearing and settlement, and others. Its issuing software solutions include card / pin management and controls, instant issuing, dispute management, risk and fraud management, product accounting, pricing, clearing and settlement, and others.