FY26 Underlying EBITDA Guidance Revised

• FY26 underlying EBITDA guidance revised from $58M-$60M to $47M-$50M
• Delays in program implementations and weaker trading in northern hemisphere businesses
• Strategic initiatives including Project Arlo and global mobility solution remain on track

EML Payments Limited (ASX: EML) has revised its FY26 underlying EBITDA guidance from $58 million-$60 million to $47 million-$50 million. The revision reflects two factors. Firstly, while EML has continued to secure new business, including a further $2.5 million in forecast annual revenue signed since the release of its FY26 Interim Results, a number of program implementations are now expected to go live later than previously assumed, reducing the revenue contribution expected in FY26. Secondly, trading in the company's northern hemisphere businesses has been significantly below forecast during the third quarter, reflecting weaker consumer demand and broader macroeconomic uncertainty, with this trend expected to continue through the fourth quarter. EML's strategic initiatives, including Project Arlo and the development of a global mobility solution, remain on track, and the company is actively positioning itself to focus on higher margin, higher growth categories in its portfolio. Operating expenses continue to track in line with forecast and remain well managed.

FY26 underlying EBITDA guidance revised from $58 million-$60 million to $47 million-$50 million.

EML's strategic initiatives, including Project Arlo and the development of a global mobility solution, remain on track, and the company is actively positioning itself to focus on higher margin, higher growth categories in its portfolio.