Planet Payment provides international payment and transaction processing, and multi-currency processing services in the Asia Pacific region, the Americas, the Middle East, Africa, and Europe. The Company offers payment processing services that enable the authorization and settlement of payment transactions by providing the connections between the merchant, its bank, and the card association. Its flagship offerings include multi-currency processing services, such as Pay in Your Currency, a point-of-sale dynamic currency conversion (DCC) service, Multi-Currency Pricing primarily for card-not-present merchants and DCC at ATMs that enable merchants to offer customized pricing in multiple currencies.

Long Beach, US
Size (employees)
163 (est)
Planet Payment was founded in 1999 and is headquartered in Long Beach, US
Report incorrect company information

Key People/Management at Planet Payment

Alan Lubitz

Alan Lubitz

Robert Cox

Robert Cox

President & Chief Operating Officer
Raymond D’Aponte

Raymond D’Aponte

Chief Financial Officer

Planet Payment Office Locations

Planet Payment has offices in Dublin, Dubai, Surrey, Singapore and in 8 other locations
Long Beach, US (HQ)
670 Long Beach Blvd
Alpharetta, US
130 11675 Great Oaks Way
New Castle, US
200 100 Commons Blvd
Hamilton, BM
20 Church St
Toronto, CA
#200 140 Yonge St
Haidian, CN
A1737 18 Xizhimenwai Street
Show all (12)
Report incorrect company information

Planet Payment Financials and Metrics

Planet Payment Financials

Planet Payment's revenue was reported to be $54.34 m in FY, 2016 which is a 2.9% increase from the previous period.

Revenue (Q2, 2017)

12.5 m

Gross profit (Q2, 2017)

7.2 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

2 m

EBIT (Q2, 2017)

2.5 m

Market capitalization (13-Dec-2017)

230.7 m

Cash (30-Jun-2017)

7.3 m


233.3 m
Planet Payment's current market capitalization is $230.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


46.6 m47.4 m52.8 m54.3 m

Revenue growth, %


Cost of goods sold

24.3 m23.9 m25.8 m23.2 m

Gross profit

22.3 m23.5 m27.1 m31.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


10.5 m11.9 m11.3 m12.1 m12.7 m12.6 m13.7 m13.1 m13.6 m12.7 m12.5 m

Cost of goods sold

6 m5.6 m5.8 m5.8 m6 m6.5 m6.2 m6.3 m5.7 m5.3 m5.3 m

Gross profit

4.5 m6.3 m5.5 m6.3 m6.7 m6.2 m7.5 m6.8 m8 m7.4 m7.2 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


6.6 m9.8 m14.7 m13.3 m

Current Assets

17.5 m22.1 m27.9 m26.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


4.7 m5.7 m7.3 m8.7 m11.3 m13.5 m13 m13.8 m10.5 m7.4 m15.6 m7.3 m

Current Assets

15.9 m14.8 m19.1 m20.4 m24 m25.3 m25.2 m27.4 m22.8 m19.7 m29.8 m21.8 m


2.1 m2.2 m2.3 m2.3 m2.2 m2.1 m2 m1.8 m1.6 m1.3 m1.6 m1.6 m


355.7 k361.7 k359 k333.6 k285.3 k291.8 k295.7 k298.7 k292 k294.8 k280.9 k300.4 k
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

22 k3.2 m10.4 m25.1 m

Depreciation and Amortization

2.9 m3 m3.1 m2.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(808.6 k)(779.3 k)1.5 m1.2 m1.7 m1.9 m106 k1.8 m3 m5.3 m1.4 m3.4 m

Depreciation and Amortization

746.3 k2.3 m609 k1.3 m2.1 m553 k1 m

Accounts Payable

408.5 k474.7 k378.1 k323.6 k

Cash From Operating Activities

(626.9 k)2.9 m2.5 m2.8 m5.8 m1.8 m3.5 m
USDY, 2017


92 x


65.9 x

Financial Leverage

1.3 x
Show all financial metrics

Planet Payment Operating Metrics

Planet Payment's Enterprise Customers was reported to be 70 in FY, 2016.
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017


23 21 21 22 23 22 22 22

Enterprise Customers

70 70 70

Merchant Locations

93 k118 k135 k178 k197 k189 k188 k177 k

Patents Issued

4 4 22
Show all operating metrics

Planet Payment Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Branded Payment Solutions May 23, 2012
Report incorrect company information

Planet Payment News and Updates

Eurazeo-backed Fintrax to buy Planet Payment

Fintrax Group, which is backed by Eurazeo, has agreed to acquire Planet Payment for $4.50 per share or $250 million, according to an announcement on FT Partners' site. FT Partners advised Planet Payment on the transaction. Based in New York, Planet Payment is a provider of international and multi-cu…
Report incorrect company information