Adyen N.V. (0YP5) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

good afternoon everyone and thank you for joining audience q1 2025 business update call my name is maggie o'donnell i'm part of the investor relations team and i'm happy to be joined today by ethan our cfo in today's call we'll discuss audience financial and business updates from the quarter followed by a q a segment As this session will be slightly shorter than our half-yearly earnings presentation, we ask you to keep your questions to a maximum of two per person so that we can respond to as many of you as possible. When submitting your questions, please use the Zoom Q&A functionality rather than the raised hand option. And as always, we ask that you include your full name and the firm you represent when submitting your questions. With that, let's get started. Ethan, what are your key takeaways from the quarter? Yeah, sure. Thanks, Maggie. During the first few months of this year, we saw solid growth in line with our expectations, mostly driven by continued wallet share gains with our existing customers. This can be seen in our net revenue growing 22% year over year. Our growth this quarter was broad-based, reflecting an increasing diversification not only across pillars but also across regions, with Europe and North America growing the fastest. All in all, we're pleased with our progress and confident in the direction that we're heading. Great. Thanks, Ethan. That's helpful context. Can you give us the key takeaways for the pillars in Q1? Yeah, absolutely. But before we dive into the Pillar updates, I wanted to highlight that we are now also reporting net revenue by Pillar. Because pricing is driven by the size of the customer, we focus on absolute net revenues as a business. Net revenue provides a more accurate view of our underlying performance and the value we c...