• Full year NPAT impact in FY26 and FY27 expected to exceed A$5.5 million and A$10.0 million respectively
• Increased interchange fees will boost revenue, margins and profitability for Findi's Brown Label ATM business
• Additional cash flow will be used for new capex and accelerating recent contract wins

Findi Limited (ASX: FND), a digital payments and financial services provider, has advised that the National Payments Corporation of India (NPCI) has approved an increase in ATM interchange fees for domestic financial and non-financial transactions. Effective 1 May 2025, the interchange fees will be increased to Rs 19/- excluding GST for financial transactions and Rs 7/- excluding GST for non-financial transactions (e.g. balance enquiry). The full year impact of this increase in interchange fees is expected to be in excess of A$5.5 million in FY26 and A$10.0 million in FY27 for Findi's White Label ATM business. The company does not expect any associated costs with the increase, therefore the additional revenue, EBITDA and NPAT will flow through to free cash flow. The increase in the interchange fee also sets a 'price ceiling' for Findi's Brown Label ATM (BLA) contracts, which are indexed over time. This will result in improved revenue, margins and overall profitability for the BLA business over the medium to longer term. Findi's Executive Chairman, Mr Nicholas Smedley, stated that the increased cash flow will be used towards new capital expenditure and accelerating the roll-out of recent contract wins, further driving financial inclusion across India.

The full year impact of the increase in interchange fees in FY26 and FY27 for Findi's White Label ATM business is expected to be in excess of A$5.5 million in FY26 and A$10.0 million in Revenue, EBITDA, and NPAT respectively.

Findi's increased cash flow will be put towards new capex and accelerating the roll out of recent contract wins, further driving financial inclusion across India.