The IPO price will likely be at least a 3x increase from it's last valuation of $2.3b, set in 2015. As part of the offering, the company will be selling up to 15 percent of its shares.
Adyen said in the prospectus that its net revenues for the year that ended December 2017 were €218 million, up 38 percent on 2016, with total processed volumes of €108 billion in 2017 up from €66 billion in 2016, or 63 percent growth. It’s also profitable, with an EBITDA of €99 million, or a margin of 45.5 percent. Net income for Q1 was €24.1 million, up €10 million over the same period a year before.