Q1-3 2024 YTD Highlights

• Revenue increased by 39% YoY to PLN 15.8 million (EUR 3.7 million).
• Significant EBIT growth of over 100% YoY to PLN 7.4 million (EUR 1.7 million).
• Number of serviced clients rose by 17.6% YoY to 29.4 thousand.
• Returning customer share remained stable at 30%.
• Full-year 2024 forecast: Revenues between PLN 21–25 million (EUR 4.8–5.8 million) and EBIT between PLN 5–7 million (EUR 1.2–1.6 million).

Warsaw, November 21, 2024 – LM PAY S.A., listed on the Primary Market of the Düsseldorf Stock Exchange (ISIN: PLLMPAY00016), today announced its preliminary results for the nine-month period ending September 30, 2024. As a leader in embedded healthcare finance, LM PAY continues its double-digit growth, expanding its customer base and strengthening its partnerships.

Key Financial Results
Sales revenues for the first three quarters of 2024 (YTD) grew by 39% YoY, reaching PLN 15.8 million (EUR 3.7 million). This growth was primarily driven by:

• An expanding customer base
• Stronger collaboration with existing business partners
• Extended partnerships with new clinics, dental practices, and beauty salons
• Growing demand for private healthcare and beauty services

In Q3 2024 alone, LM PAY recorded sales of PLN 4.6 million, a 23% increase compared to Q3 2023 (PLN 3.7 million).

EBIT Performance

EBIT for the first nine months of 2024 reached PLN 7.4 million (EUR 1.7 million), significantly exceeding the previous year's figure of PLN 0.4 million. This improvement reflects the company’s business growth and the absence of one-off costs associated with its 2023 stock market listing in Germany.

Customer Metrics

During the first three quarters of 2024, LM PAY serviced 29.4 thousand clients, a 17% YoY increase. The proportion of returning customers remained stable at 30%, reflecting consistent demand for medical and beauty treatments and high levels of customer satisfaction and loyalty.

Outlook

For the full year 2024, LM PAY anticipates:

• Revenues between PLN 21–25 million (EUR 4.8–5.8 million)
• EBIT in the range of PLN 5–7 million (EUR 1.2–1.6 million)
• Loan volume of PLN 93–110 million

The company remains well-positioned to capitalize on its strong market position and the growing demand for embedded finance in healthcare and beauty services.

Note: Figures for Q1-3 2024 are unaudited.

For further information, please contact:

LM PAY S.A.

Grzegorz Pieszak

Lechicka 23A

01-156 Warsaw

Poland

Investor Relations

+48 881 780 994
investors@lmpay.pl