An audit of Wirecard's key business in Europe and the US reportedly shows its internal financial numbers are far worse than previously thought | Markets Insider

Wirecard's primary business operations in Europe and the US have been unprofitable for years, according to a Financial Times investigation, bringing into question official financial reports which showed significant profits.

Unless a sale of its subsidiaries takes place within a few weeks, Wirecard will lose any remaining value, one expert said.Wirecard's primary business operations in Europe and the US have been unprofitable for years, according to aOperations in the company's two key regions have, in fact, been lossmaking.

Operating losses for activities directly under the group's control were €74 million in 2018 - the year in which Wirecard replaced Commerzbank in Germany's prestigious blue-chip DAX index - versus a loss of €3 million in the prior year.

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