• Record total revenue of $75.5 million, up 13.6% YoY
• EBITDA up 14.4% to $31.4 million, in line with guidance
• Underlying NPBT up 54.5% to $6.0 million

Findi Ltd (ASX: FND), a digital payments and financial services provider, has announced its financial results for the full year ended 31 March 2025. The company delivered record total revenue of $75.5 million, up 13.6% from the prior year, driven by strong performance in its core ATM business and continued growth of its FindiPay merchant network. EBITDA increased by 14.4% to $31.4 million, in the middle of the guidance range provided to the market in February 2025. Underlying NPBT was $6.0 million, a 54.5% increase on the prior year. The company generated $27.5 million in operating cash flow, which will be used to fund capital expenditure and accelerate the White Label ATM roll-out. Findi made significant progress on its strategic initiatives, including landmark acquisitions of TCPSL and BankIT, which have accelerated the company's growth strategy and cemented its position as the only Pan-Indian ATM operator with a nationwide digital business. The company also secured contract wins, extensions, and upgrades with leading Indian banks. Findi raised $40 million in new equity and restructured its Compulsory Convertible Debentures with Piramal Alternatives, strengthening its balance sheet and financial position. The company remains well-funded to continue delivering on its growth initiatives.

The Reserve Bank of India's recent increase in Interchange Fee, effective 1 May 2025, is expected to positively impact the NPAT of Findi's White Label business. Findi expects to issue revenue and earnings guidance for FY26 in July.

Findi's vision is to become a full-service finance hub for the underbanked people of India. The company's focus in FY26 will be on consolidating recent acquisitions, implementing the White Label ATM and payments bank strategies, accelerating the roll-out of recent contract wins, pursuing upcoming tender opportunities, and identifying earnings-accretive acquisitions in regional areas of India in preparation for its majority-owned subsidiary TSI's IPO on the Bombay Stock Exchange in 2026.