Full Year 2022 Network International Holdings PLC Earnings Call Transcript
Good morning, and good afternoon. Thank you for joining us today for Network International's 2022 Full Year Results. I'm Nandan Mer, CEO of Network International. And I'm joined by Rohit Malhotra, our CFO.
As usual, we will run you through our results, and then we are happy to take your questions. I would like to start by thanking my colleagues the 1,900 payment professionals at Network who have delivered very strong financial performance this year while remaining disciplined and fully focused on delivering against our strategy. Together, we have delivered record revenue growth of 24% or 18% if you exclude the acquisition benefit from DPO.
We have improved EBITDA margins as we committed to doing while continuing to invest in growth. Cash generation too was strong, which has supported the deleveraging of our balance sheet and our share buyback program. This financial performance was underpinned by a record year for new customer wins across both merchants and financial institutions, adding new capabilities,
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