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EML Payments Limited (ASX:EML)

ALERT: Price-sensitive ASX Announcement for EML
Current share price for EML : $0.335 -0.52 (-60.82%)+
Announcement
Release
26 Feb 2025 9:04AM
Price at Release
$0.855
Full Release
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Summary
EML Payments Limited announced its 1HFY25 results, reporting a revenue of $115.1 million, a 15% increase from the previous corresponding period, and an underlying EBITDA of $33.4 million, a 50% improvement. The statutory NPAT was $9.5 million, reflecting a significant turnaround from a loss of $4.7 million in the prior period. The company also noted enhancements in cash balance to $50.6 million and progress in its operational efficiency initiatives under the EML 2.0 strategy, with a focus on building customer relationships and expanding its market presence.
Key Points
  • Revenue of $115.1m (+15% on 1H24)
  • Group underlying EBITDA of $33.4m (+50% on 1H24)
  • Statutory NPAT of $9.5m significantly improved on PCP loss of $4.7m
  • Cash balance improved to $50.6m
  • EML 2.0 progressing to plan
  • FY25 underlying EBITDA guidance of $54-$60m reaffirmed
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.