Adyen NV (OTCPK:ADYYF)

$ 1467 34 (2.37%) Market Cap: 46.83 Bil Enterprise Value: 36.92 Bil PE Ratio: 51.07 PB Ratio: 12.44 GF Score: 86/100

Adyen NV Corporate Analyst Meeting Transcript

Apr 12, 2019 / 08:30AM GMT

Release Date Price: $791.55 (+1.18%)

Transcript

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

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