LM PAY Reports Strong Revenue Growth Despite EBIT Decline in Third Quarter 2025

LM PAY S.A. reported significant financial performance for the first nine months of the 2025 fiscal year, with cumulative revenue reaching PLN 23.8 million (EUR 5.6 million), representing approximately 50% growth compared to the previous year's PLN 15.8 million (EUR 3.7 million). This substantial increase was primarily driven by new partnerships and growing demand across the healthcare, beauty, and insurance sectors where the company operates its embedded finance solutions.

The company's cumulative EBIT stood at PLN 6.5 million (EUR 0.5 million), showing a 12.8% decline compared to 2024. This decrease is mainly attributable to a one-off event in the previous year involving the sale of a portfolio of receivables, which affected the comparability of results between the two periods. Despite this temporary setback, the company's core operations continue to demonstrate strong performance metrics.

Customer acquisition showed positive development with the number of clients served increasing by 12% to reach 33,000 during the first nine months of 2025. This growth was primarily achieved through efficient onboarding processes in clinics and salons, which substantially contributed to the expansion of the customer base. The company's platform integration into workflows of over 13,000 clinics, beauty salons and insurance brokers across Poland has been instrumental in driving this customer growth.

Customer loyalty metrics also improved significantly, with the share of recurring users reaching 33% in the third quarter of 2025, exceeding the 30% recorded in the same quarter of the previous year. This increasing customer retention rate underscores consistently high customer satisfaction and stable demand for the company's financing solutions. The company provides instant and binding credit decisions at the point of service, enabling patients and customers to gain immediate access to essential services through convenient consumer financing arrangements.

As an innovative, technology-driven FinTech company specializing in embedded finance solutions, LM PAY has established itself as a key player in Poland's financial technology landscape. With more than ten years of market experience and a listing on the Dusseldorf Stock Exchange under ISIN: PLLMPAY00016, the company appears well positioned for continued growth in its target markets. The strong revenue performance despite the EBIT decline suggests underlying operational strength and market acceptance of its financing solutions across healthcare, beauty services, and motor insurance sectors.