Qliro is a growth opportunity within e-Commerce payments. The payment and check-out service provider turned profitable in 2023 and aims for (international) expansion. Qliro recently issued 50Mkr new shares to invest in further expansion. 2023-2024 results show that the company has good potential for long-term growth.
The shares are priced 60x PE TTM. Increasing payment volumes from new merchants should result in a strong growth in EPS in 2024 and the coming years. Assuming continued growth the share has 60% upside potential (50x est. EPS 2024).