HPS takes a new step in the execution of its ACCELR8 strategy plan and thus consolidates its positioning as the world’s leading provider of payment solutions. In 2024, the operator carried out external growth with the successful integration of CR2, which enriches the group’s offer in terms of digital banking and acceleration of its expansion to new markets. Thanks to this strategic advances and the rise of the SaaS model, HPS is ideally positioned for sustainable, profitable and permanent growth.
In 2024, the total value of the sold contracts (TCV) rose by more than 360% compared to 2023 and illustrates an exceptional commercial dynamic and the attraction of version 4 of PowerCard, whose technological progress on the market is aimed at, the group in a document on its annual services. This performance was reinforced by the conclusion of contracts with three animal 1 banks among the 100 largest world banks.
According to the annual results, the operating product reached 1.26 billion DH and rose by 6.4%in the annual shift. The switching activity recorded an increase of 14.7%, which was collected by the climb
Transactions and the arrival of new partners, while the test activity had a slight decline of 2.3%due to an inexpensive economic context and the shift of several projects. The EBITDA is 219.8 million DH with a margin of 17.3% (19.2% without CR2), which is backed up, compared to 2023 (20.7%), which have retained profitability despite a strategic investment phase, and underlines the group.
With regard to F&E investments, they reached 156 million DH in 2024, which has increased an increase of 7.3%, which corresponds to 13.1% of the consolidated income (without CR2). This progress reflects the group’s wish to support their technological roadmap and to anticipate developments in the payment sector, HPS.
At the end of 2024, the cash flow has 204.2 million DH, which shows a slight decline compared to 2023 (211 million DH). This evolution reflects a strict treatment of the currents of
Cash, in a context, which is characterized by strong expansion and strategic investments, according to the operator. The latter also publishes a cash flow of 49 million DH around 43 million DH at the end of 2023, which confirms the ability of the group to generate solid liquidity and finance its development at the same time.
For this year, the group expects significant growth in their income, also organic. It should be noted
