Thursday October 29, 2020

Prepay profits surging ahead

Profits jumped from €1.9 million to €4.4 million

17th January, 2016
Prepay is earning huge profits Picture from prepay power website

Profits at pay-as-you-go electricity supplier Prepay more than doubled after the company increased revenues and customer numbers.

The company, headed by dotcom millionaire Andrew Collins, posted turnover of €78.4 million for 2014, up from €39 million for the year before, according to accounts filed in recent days.

Pre-tax profits jumped from €1.9 million to €4.4 million.

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