• 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

EML Payments Ltd has today released its 1HFY25 Appendix 4D and Financial Results. The company reported revenue of $115.1 million, up 15% on 1H24, driven by an uplift in interest revenue of 49% to $32.8 million and solid growth in customer revenue of 6% to $82.3 million. Underlying gross profit improved 17% to $86.7 million, and underlying EBITDA increased by 50% to $33.4 million, with net overheads rising only 3% on the prior comparative period. The company achieved a statutory NPAT of $9.5 million, a significant improvement on the prior comparative period loss of $4.7 million. EML's cash balance improved to $50.6 million, up 17% from FY24. The company's commercial team is closing deals and building pipeline, and the EML 2.0 transformation program is progressing to plan. EML has reaffirmed its FY25 underlying EBITDA guidance of $54-$60 million.

EML has reaffirmed its FY25 underlying EBITDA guidance of $54-$60 million.

The new leadership team is executing on the EML 2.0 strategy to deliver a stronger business for shareholders, customers and employees. The company's commercial team is building momentum, with marquee brands joining EML, and the pipeline is growing with a renewed focus on winning and vertical expansion into new markets.