tiprankstipranks
Findi Expands ATM Network and Prepares for Indian IPO Amid Revenue Challenges
Company Announcements

Findi Expands ATM Network and Prepares for Indian IPO Amid Revenue Challenges

Story Highlights

Discover the Best Stocks and Maximize Your Portfolio:

An update from Findi ( (AU:FND) ) is now available.

Findi has secured a contract to deploy an additional 2,293 ATMs with the State Bank of India, promising significant revenue and EBITDA over a 10-year period. The company has appointed Rothschild & Co as its financial advisor for an upcoming Indian IPO in 2026. However, Findi’s FY25 revenue guidance has been reduced due to delays in the White Label ATM revenue commencement, following the acquisition of Tata Communications Payment Solutions Ltd. Despite these challenges, Findi maintains strong EBITDA performance, supported by its operational momentum and cost-control strategies.

More about Findi

Findi Limited is a digital payments and financial services provider, primarily focusing on ATM deployment and management. The company operates in the financial technology industry and has a significant market focus in India, providing solutions to major banks including the State Bank of India.

YTD Price Performance: 5.84%

Average Trading Volume: 465

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €136.1M

See more data about FND stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App