Payment technology specialist SafeCharge saw revenues rise 44 per cent in the six months to June 30.

SafeCharge

Revenues were for H1 were $49.5m, up 44 per cent on the same period in 2014 ($34.4m).

Gross profit was up 40 per cent, year on year, to $28.5m. Reported profit after tax was $12.4m, up from $4.8m for H1, 2014.

The recommended interim dividend is up 39 per cent to four cents a share, compared with 2.88 cents last year.

David Avgi, CEO, said: “This is another set of very strong financial results. We have continued to develop and expand our technology base and product offering, particularly our acquiring services and issuing capabilities.

“With our strong current trading and pipeline, we look forward to the rest of the year with confidence and optimism.”