Adyen NV (STU:1N8U)
€ 12.6 -0.5 (-3.82%) Market Cap: 40.06 Bil Enterprise Value: 31.64 Bil PE Ratio: 50.39 PB Ratio: 11.60 GF Score: 84/100

Adyen NV Corporate Analyst Meeting Transcript

Apr 12, 2019 / 08:30AM GMT
Pieter Willem van der Does
Adyen N.V. - Co-Founder, CEO & Member of Management Board

All right. Good morning, everybody, and welcome here. What we're going to do today is try to give you as much transparency on what we actually do, Adyen as a company, what actually like about maybe anecdotal, but what you see here is a little movie and in this film, you see a robot working on a payments terminal. And why do I think that this is funny? That is if you are putting new software on the terminal, there are about 150 tests that the engineer needs to go through. Adyen is a company where about 40% of us are engineers. So if you ask an engineer to do boring repetitive tasks, they obviously are going to think about something better than that. So we have an engineer who was interested in robotics and what he did is he built a robot to do the test. So when there's a new version, overnight a robot is doing the test, there is a camera filming what's in the display and the tests involve doing everything that could go wrong with the terminal. Say halfway the transaction, suddenly it pulls out the card, stuff like that

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot