Westpay: Q2 preview, staffing up for growth

Westpay will release their report for the second quarter of 2018 on the 31st of August. The company stated in the previous quarterly report that the positive trend that they felt during Q1 has continued through the beginning of Q2. We do not model any significant revenue uptake during the quarter. Westpay is building for the future, and this will most likely drive margins down in the short-term.

We eagerly wait for a more substantial effect from the international markets; we believe that we will see increasing volumes during H2’18..