Adyen N.V.

Good afternoon, everyone, and thank you for joining Adyen's H2 2024 earnings call. My name is Josh Massa and I'm head of investor relations here at Adyen. I'm pleased to be joined today by our co-CEO Ingo and CFO Ethan. For today's call, we'll start with a short discussion on our business progress and financial highlights from the period before opening the floor for Q&A. Please remember that you can send in your questions at any time using the Q&A functionality at the bottom of the screen. And as usual, the raise hand functionality will not be incorporated. We ask that you please leave your full name and the firm you represent when submitting your questions. Thank you. Okay, so let's get started. Ingo, how do you look back on the last year?

Yeah, I look back at a very strong year. We continue to invest in our financial technology that is a strategic enabler for our customers. And that is very important to us as a company. We invested in products like uplift and intelligent payment routing. And those products balance cost, conversion, and fraud. And these are the topics that we discuss on a daily basis with our customers. What I'm very proud of is that we continue to deliver on our promise to be a subscription to innovation, because it's not these two products that we delivered in the past half year. It's also how we launched SFO1, which is a terminal that helps retail customers to optimize their customer journeys. These investments help us to increase the share of wallet with our customers. It's an important part of our growth strategy. And I think that's also clearly reflected in the numbers that we posted this half year.

Thanks for that summary, Ingo. It's really great to see that we've proven that payments can be a strategic enabler. Ethan, maybe you can shed some more light into how that played out in our numbers.