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3.3 Revenues, costs and profits

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Question 2

PayVantage Financial Data

Following its demerger from SecurePay, fintech provider PayVantage announced in 2022 a profit of £20.7 million, up 15% on 2021. Total revenue in 2022 was £143.0 million, up 10% on 2021.

Calculate, using the information provided, the total costs of PayVantage in 2021.

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3.3 Revenues, costs and profits Questions

  1. A Level
  2. /Economics
  3. /3.3 Revenues, costs and profits