The latest update is out from EML Payments Ltd. ( (AU:EML) ).
EML Payments Limited has reported significant financial improvements for the first half of fiscal year 2025, with a 15% increase in revenue to $115.1 million and a 50% rise in underlying EBITDA to $33.4 million. The company has also turned around its statutory NPAT from a loss of $4.7 million in the prior comparative period to a profit of $9.5 million. EML is focusing on operational efficiency and growth under its EML 2.0 strategy, which includes organizational restructuring and expansion into new markets. The commercial team is gaining momentum with new hires and partnerships with marquee brands, aiming to enhance customer relationships and drive vertical market expansion.
More about EML Payments Ltd.
EML Payments is a global payments company operating in Australia, New Zealand, the UK, Europe, and the US. It serves a diverse clientele including major banks in Europe, government, retail brands, and financial services companies.
YTD Price Performance: -10.77%
Average Trading Volume: 21,925
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $205.5M
Find detailed analytics on EML stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com