An Island-based online payments processor says its results over the last year are in line with expectations.
Optimal Payments says it earned $17.5 million before interest, taxes, depreciation, and amortization – up 56 per cent – while its revenues more than doubled to $127.9 million.
The company, based in Finch Road in Douglas, announced its results on its website earlier today (Thursday).
Joel Leonoff, President and CEO, said 2011 was a defining year in the group’s recent history and trading in the year to date has been in line with management’s expectations.
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