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Proprietary Report with Analysis on – Seamless Payments-Related Performance.

Report Summary:

Sweden-based Seamless posted first quarter (1Q/16) net revenue of SEK 61.1 million, an increase of 7.8% year-on-year (YOY).  Net revenues for SEQR business division declined 10.6% YOY to SEK 1.68 million. The Seamless operating loss declined  23.7% YOY from SEK 56.7 million in 1Q/15 to SEK 24.1 million for 1Q/16.