Fintech group Capital Appreciation highlighted a strong acceleration in business activity in reporting financial results for the year ended March 2022., adding that it has a strong pipeline going into fiscal year 2023.
Headline earnings per share increased by 30% to 13.40 cents and dividends by 36% to 7.50 cents per ordinary share. The group also invested a sizeable amount on R&D and to set up its new operations in the Netherlands. The terminal estate has grown at a compounded annual growth rate of 41% since 2017 and now comprises 277,000 units.
“A range of new clients as well as recent inroads into Africa bodes well for further growth in the payments division,” it said.
Belgique Dernières Nouvelles, Belgique Actualités
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