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Revenue Growth & Operating Costs



Growth in the past 2 years
and still going strong

In line with total transaction value growth, revenue has grown significantly each quarter.​

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Revenue by Year

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> 42% Compound Quarterly Growth Rate from inception

Rapid acceleration in revenue growth from Q3 2022 as Elepay has been able to effectively leverage historical investment in technology and partnerships.​

Plan Revenue by Quarter

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While operating expenses have increased in absolute terms to support the scale-up of the business, revenue continues to grow at a faster rate.

The increasing revenue and stabilising of expenses demonstrate Elepay’s ability to leverage the investment made to date as the company transitions from start-up to scale-up phase.​

Elepay continues to secure stronger and stronger market traction and is now well on its way to a positive EBITDA


Revenue continues to grow at a faster rate

Revenue and Operating Expenses by Year

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