NICOSIA, Cyprus, 21 July 2020 (GLOBE NEWSWIRE) – QIWI plc (Nasdaq: QIWI) (“QIWI” or “Company”) obtained its estimated initial economic effects for the 3 months ended June 30, 2020. We believe that the initial Knowledge of the operating sector presented low prestige of the trends we experienced at the time of a quarter ended on June 30, 2020. The following expectations for our effects for this era are only fact-based control stipulaters available lately. Total net sales, net sales in the payment center segment, and replaced EBITDA data presented below do not seem final, as we continue to audit the knowledge gathered by our best friends and our latest accounts. We do not seem able to discover the influence of the alterlocal elements of the control judgment on this economic data.
The expected year-over-year distribution of net sales in the payment center segment to the midpoint of 3.7% was a great friend due to a design in the transfer of net sales of payment centers as a result of a replenishment in product diversity and compensation through a slight minimization in the volume of invoices. The volume of expanding net banknotes and coins in the maximum of our catepassries has suffered negatively from the outbreak of COVID-1nine coronavirus and the applicable responses of various countries around the world, adding as a transitional decrease in the profits of our betting distributors due to the cancellation of primary sports parties at Apple Mabig, a minimisation of remittances is the greatest friend due to a minimisation in the varied payment flows of workers by own account and a decrease in the market position of vertical economic centers due to the transitoryness of our retail distribution partners closing restrictions.
Our independent registered accounting corporation has audited, reviewed or implemented procedures for this initial economic knowledge and therefore makes explicit a great opinion of Apple or other assurance regarding this knowledge.
Adjusted EBITDA is never a highly calculated economic measure according to IFRS. Refer to the table above for a reconciliation of this non-IFRS economic meabound with the maximum directly comparable IFRS meabound. You should not be taken into account in this non-IFRS economic measure instead or inconsistent with net income, as prepared in accordance with IFRS. Moreover, since an economic measure not in conformity with IFRS is never very determined in accordance with IFRS, there may be diversity in the calculations and may not be comparable to other qualified meabounds presented through other companies. We encourage investors and others to review our economic data in its entirety and not have a single economic measure.
A pre-registration statement, which adds a prospectus, on the shares sold in connection with this offer was filed at Seassities and Exreposition Comassignment on November 2, five and nine and declared effective on January 27, 2020. Before investing, you would like to read the package leaflet for this registration statement and other documents that the issuer has filed with the SEC, adding the provisional lead supplement, for more information about the Compabig apple and this information. The benefit will only be made through an additional prospectus. An additional interim prospectus related to the benefit has been submitted to the SEC and you will not be charged anything on the SEC’s website at https://www.sec.gov. Where it can be obtained, electronic copies of the general public provisioning prospectus from JP Morgan Securities LLC, c/o Broadridge Financial Solutions, 11fivefive Long Island Avenue, Edgewood, NY 11717, are also received by telephone at 866-803 -nine20four or by email to [email protected].
QIWI, leading suppliers of next-generation tax and payment centers in Russia and the CIS. It has a patented built-in netpaintings that allows payment centers in online, cellular and physical channels. It has deployed more than 21.8 million virtual wallets, more than 127,000 kiosks and terminals, and has allowed merchants and consumers to accept and move more than 123 billion rupees in currencies and electronic banknotes consistent with the month, connecting more than 3 million consumers using their netpaintings one or more a month QIWI consumers can use coins, connecting more than 3 million consumers using their netpaintings one or more a month QIWI consumers can use coins, connecting more than 3 million consumers using their netpaintings one or more a month QIWI consumers can use coins, connecting more than 3 million consumers using their netpaintings one or more month QIWI consumers can use coins, connecting more than 3 million consumers using their netpaintings one or more month QIWI consumers can use coins , stored values and other electronic payment methods to pay for goods and centers or move currencies interchangeably in virtual or physical environments.
Forward-looking statements
This press release includes “forward-looking statements” in the sense and security issue of the Private Securities Litigation Reform Act of 1ninenine5, which adds, but is not limited to, statements that the proposed public is providing long-term scoring effects. These statements involve significant dangers and mismatches, adding those that are stubborn in the intermediate booklet supplement of the applicable era with the supplier and our results of operations and in our Annual Report on Form 20-F for the year ended December 31, 201 and in our other submissions with the second. As these statements reflect our current long-term expectations of the parties, our genuine effects may differ from a larger friend than expected in those forward-looking statements due to factors. There is no limit to QIWI being able to make the provider provide. QIWI provides this wisdom to date of this press release. QIWI does not necessarily assume the direct updating of prospective search statements to reflect the occurrence of parts or hours after the date of such expected or unforeseen statements or parties that adjust the assumptions underlying such statements.