AGM Trading Update
| Stock | EML Payments Ltd (EML.ASX) |
|---|---|
| Release Time | 19 Nov 2025, 9:22 a.m. |
| Price Sensitive | Yes |
EML Payments Ltd Affirms FY26 Underlying EBITDA Guidance
- Q1 FY26 trading in line with guidance
- Gross profit margin on track, up 1% on PCP
- New program pipeline has grown to $78.8m, expect $90m target by Dec 2025
EML Payments Ltd (ASX:EML) has provided its 2025 AGM Presentation, Q1 FY26 trading update, and affirmed FY26 underlying EBITDA guidance in the range of A$58-63m. Trading for Q1 FY26 is in line with guidance forecasts, with a 1% increase in gross profit margin on the prior comparative period. The company's new program pipeline has grown to $78.8m and it expects to achieve its $90m target by December 2025. EML plans $15m of new program launches in FY26, with $14.7m of annualised revenue already secured, of which ~$8m is active with the balance working through the implementation process. Interest yield run rate is moderating from FY25 due to central bank reductions, but remains in line with forecast. Overheads are in line with budget and tracking to be flat year on year, with efficiency programs on track to result in underlying H2 FY26 overheads being lower than H1.
FY26 underlying EBITDA guidance affirmed in the range of A$58-63m.
EML's new program pipeline has grown to $78.8m and it expects to achieve its $90m target by December 2025. The company plans $15m of new program launches in FY26, with $14.7m of annualised revenue already secured.