SafeCharge Posts Record Revenues within the Final Quarter of 2018

SafeCharge is the following firm from the trade to report file revenues within the ultimate quarter of 2018. The fee service supplier managed to outperform its administration’s expectations.

The firm posted a pre-close buying and selling replace on its investor relations web site this morning. The robust momentum which the corporate guided the market on in November carried by means of into December.

According to the official announcement, issued by the corporate SafeCharge’s processed transactions quantity elevated by 45 p.c. The firm’s administration now expects that revenues for the complete yr will whole between $137.5 and $138.5 million.

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The adjusted EBITDA efficiency of the corporate was according to the administration’s expectations. The vary anticipated for the underside line is between $36.5 and $37.5 million.


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David is the founder of The firm originates business financing for companies of all size in the Canadian marketplace . Originations include business loans, term loans, asset based lines of credit, SR ED Tax credit financing , and receivable financing .

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