PAX recorded revenue of HK$ 6,709 million (c. USD 858 million) during FY 2023
Gross profit margin & net profit margin increased to five-year highs of 44.6% & 17.4%, respectively
Increased proposed final dividend to HK$ 0.23(+21% YoY) per ordinary share & payout ratio reached record-high 41%
Upholding a corporate cultural spirit of continuous innovation ＆ relentless pursuit of excellence, PAX strives to deliver exceptional payment experiences with our extensive Android smart payment solutions to merchants & consumers worldwide.
PAX celebrates payments innovation at Worldwide Partner Conference
PAX recently held its World Partner Conference (WPC) in Ho Chi Minh City, Vietnam. PAX unveiled a number of new Android payment terminal solutions to its global community of channel partners ＆ payment system integrators from around the world, poised to come to market during 2H 2024.
Attendees engaged in lively discussions, exchanging ideas, challenging business models ＆ exploring emerging trends. The collaborative spirit extended to the sharing of case studies, success stories ＆ insights into how PAX solutions are effectively utilised across various verticals.
Visitors to Singapore now enjoy shorter ticket lines and more interactive displays at various tourist spots, thanks to the government's Industry Digital Plan (IDP), an initiative to assist operators of local attractions in adopting digital solutions which streamline operations, reduce ticket waiting time and create more engaging experiences for visitors.
One success story is iFly, Singapore's indoor skydiving attraction, who partnered with ASCAN, to seamlessly integrate the PAX IM30 Unattended Payment Terminal in their self-service ticketing kiosks.
Unlocking the rich value of payment terminal data through data analytics
We understand the importance of data analytics. That is why we have made it a key element of PAX SmartPOS strategy. Our market-leading Android products such as A920MAX or A35 capture far more data elements than legacy POS terminals, empowering users to self-create management reports & reveal insights.
Thanks to GoInsight, SME merchants may be granted access - by the Payment Service Provider who controls their terminals via a MAXSTORE marketplace - to advanced data analytic capabilities, without needing to invest in expensive platforms or specialist data analysts.
PAX is a world-leading provider of electronic payment terminals solutions and related services with excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is included in MSCI Hong Kong Small Cap Index and Hang Seng Sub-indexes, and is also eligible for trading under the Shanghai-Hong Kong Stock Connect & Shenzhen-Hong Kong Stock Connect.
Should you have any questions regarding investor relations, please contact our IR representatives, Mr. Calvin Pei and Ms. Mina Pang via email at ir@pax.com.hk. To read previous newsletters, please click here.
