Worldline SA WRDLY

FinancialsFinancial Technology (Fintech) & InfrastructureFrance

Last close 5.92 USD on Nov 1, 2026, +3,151.3% year to date

Quant rating

Quant rating C Rank 187 of 304 in Financials

Growth C 203 of 304
Valuation C 176 of 304
Quality D 266 of 304
Revisions C 174 of 304
Momentum B 55 of 304

Wall Street consensus Sell (4.00)Average target 6.10 USD +3.0%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 625M
Enterprise value: 2.7B
52-week range: 0.10 – 13.60
3-year range: 0.10 – 13.60
Dividend yield: –
Beta (5 years): –
Shares outstanding: 56.8M
Next earnings: Feb 25, 2027

About the company

Worldline SA, formerly Atos Worldline SAS, is a France-based company providing payment and transaction services. The Company creates and operates digital platforms which handle all transactions between companies, their partners and customers. Its solutions are divided into three segments: Merchant Services & Terminals, comprising services, solutions and implementation in the areas of payment terminals, multichannel payment acceptance, non-cash payments, private label cards, loyalty services and e-commerce; Mobility & eTransactional Services, engaged in creation of digital products such as e-tickets, e-government collection platforms, and contact and consumer cloud platforms, among others; and Financial Processing & Software Licensing, which provides payment processing, acquiring and issuing processing, online banking solutions, and software solutions. The Company is active internationally through subsidiaries such as, Worldline Euro SA, Santeos SA, Worldline BV, among others.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	4,733	4,310	5,088	4,670	4,194	–
Revenue growth	9.8%	−15.3%	8.9%	11.4%	39.5%	9.5%
EPS (basic, normalized)	14.72	33.08	40.00	39.48	–	–
EPS growth	−55.5%	−17.3%	1.3%	–	–	–
Gross margin	80.7%	82.4%	88.5%	90.2%	92.7%	86.9%
Net margin	−127.5%	−8.5%	−17.7%	4.8%	5.2%	−28.7%
ROE	−89.4%	−4.2%	−9.1%	2.3%	2.1%	−19.7%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	4,733	+9.8%	0.6x	831	−27.3%	3.2x	14.72	−55.5%	0.4x
2026	4,195	−11.4%	0.6x	754	−9.3%	3.6x	1.96	−86.7%	3.0x
2027	4,212	+0.4%	0.6x	793	+5.1%	3.4x	2.14	+9.2%	2.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	4,195	−2.9%	+0.1%	−2.0%	1.96	+5.4%	+10.7%	−2.0%
2027	4,212	−2.9%	+0.1%	−2.8%	2.14	+4.4%	+9.7%	+7.0%
2028	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Financial Technology (Fintech) & Infrastructure

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
WRDLY Worldline SA	625M	–	−127.5%	0.15x	3.0x	2.8x	3.6x	3.4x
ADYEY Adyen N.V.	29.3B	–	39.8%	4.42x	20.8x	17.4x	10.3x	7.9x
AFRM Affirm Holdings, Inc.	24.9B	11.33x	45.3%	4.52x	37.3x	25.6x	21.3x	15.7x
FIS Fidelity National Information Services, Inc.	19.9B	4.65x	3.6%	1.24x	6.2x	5.8x	7.0x	6.6x
CHYM Chime Financial, Inc.	10.6B	−8.40x	−46.2%	7.53x	60.3x	30.2x	19.6x	12.6x
NATL NCR Atleos Corporation	3.4B	2.85x	3.7%	7.29x	9.6x	8.5x	6.3x	5.9x
Mean		2.61x	−13.6%	4.19x	22.9x	15.0x	11.3x	8.7x
Median		3.75x	3.6%	4.47x	15.2x	13.0x	8.6x	7.2x

Technical analysis

1M−10.0%
3M+3.9%
1Y+2,071.6%
3Y+386.2%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Worldline SA, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	4,733	4,310	5,088	4,670	4,194	3,008
Cost of revenue	915	758	587	455	304	158
Gross profit	3,818	3,552	4,501	4,215	3,890	2,850
Selling, general & administrative expenses	1,560	1,336	1,611	1,539	1,487	1,152
Research & development	–	–	–	–	–	–
Depreciation/amortization	721	604	642	529	490	315
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	5,764	323	1,497	211	152	150
Other operating expenses	1,442	1,242	1,712	1,578	1,418	989
Operating income	−5,669	46.7	−960	359	344	243
Net interest income (expense)	−472	−422	−47.9	−30.1	−39.9	−32.4
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−0.1	0	−5.3	−13.7	−1.0	2.2
Net income before taxes	−6,141	−376	−1,013	315	303	213
Provision for taxes	−70.6	4.2	44.4	84.3	72.8	55.0
Minority interest	30.7	15.6	157	−4.4	−11.6	−1.7
Equity in affiliates	4.6	−0.1	−1.1	−0.5	−1.3	−1.1
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−6,035	−364	−902	225	217	155
Extraordinary items	−21.4	56.9	0	94.7	−1,071	44.6
Net income	−6,056	−307	−902	320	−854	200
EBIT, normalized	215	370	587	574	498	394
EBITDA, normalized	954	977	1,180	1,105	1,215	827
Basic EPS, normalized	14.72	33.08	40.00	39.48	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Worldline SA, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	1,112	1,866	2,157	2,050	1,290	1,633
Receivables	5,029	5,416	7,462	6,109	3,923	3,640
Total inventory	38.5	74.7	108	72.3	47.9	160
Prepaid expenses	96.5	86.8	82.7	119	101	135
Other current assets	0.1	0	0	0	0.1	0
Total current assets	6,276	7,443	9,809	8,350	5,362	5,569
Property, plant & equipment	467	598	614	557	539	646
Goodwill	4,511	9,322	9,997	10,898	10,606	13,602
Intangibles	2,160	2,272	2,675	2,641	2,621	3,947
Long-term investments	166	416	854	842	149	147
Note receivable	–	–	–	–	–	–
Other long-term assets	1,858	59.8	33.9	105	3,510	111
Total assets	15,439	20,110	23,983	23,393	22,787	24,021
Liabilities
Accounts payable	661	685	834	768	735	828
Payable/accrued	–	–	–	–	–	–
Accrued expenses	333	376	316	392	349	527
Short-term debt	14.4	267	187	51.0	78.4	113
Current portion of long-term debt	908	758	958	672	829	1,232
Other current liabilities	4,482	4,975	7,036	5,663	3,267	2,824
Total current liabilities	6,399	7,061	9,331	7,547	5,258	5,524
Long-term debt	2,739	2,887	3,326	3,698	4,278	4,574
Minority interest	928	1,010	1,092	1,236	990	1,105
Other liabilities	1,554	615	771	871	1,979	1,240
Total liabilities	11,620	11,573	14,520	13,351	12,506	12,443
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	227	200	212	205	217	232
Additional paid-in capital	6,507	6,132	8,818	8,541	9,765	10,415
Retained earnings (accumulated deficit)	−3,092	2,039	228	1,151	94.6	966
Treasury stock	–	–	–	–	–	–
Other equity	177	166	205	145	205	−34.2
Total equity	3,819	8,537	9,463	10,042	10,281	11,579
Total liabilities & shareholders' equity	15,439	20,110	23,983	23,393	22,787	24,021

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Worldline SA, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−6,141	−312	−1,013	315	303	265
Depreciation, depletion & amortization	6,214	632	1,908	529	490	353
Deferred taxes	–	–	–	–	–	–
Non-cash items	586	526	113	279	384	64.0
Changes in working capital	−125	−221	−133	22.7	−59.3	−57.5
Cash from operations	534	624	874	1,145	1,117	624
Investing activities
Capital expenditures	−292	−291	−367	−348	−256	−190
Other investing cash flows	−154	37.0	133	379	−355	−1,210
Cash from investing	−446	−254	−234	31.6	−611	−1,400
Financing activities
Financing cash flow items	−108	−22.1	−32.3	53.4	−75.4	−63.1
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−476	−584	−427	−727	−431	1,853
Cash from financing	−584	−606	−459	−673	−506	1,790
Foreign exchange effects	−16.4	10.0	12.0	7.1	22.7	−22.3
Net change in cash	−513	−226	193	510	21.6	992
Free cash flow	242	333	506	797	860	435

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.