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Findi Boosts SBI ATM Contract by 54%, Eyes FY26 Revenue Surge
8:49am on Monday 17th of February, 2025 AEDT
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Financial Services
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Findi Boosts SBI ATM Contract by 54%, Eyes FY26 Revenue Surge
8:49am on Monday 17th of February, 2025 AEDT
Key Points
SBI contract expanded by 54%, adding 2,293 ATMs
Upgraded contract lifts total revenue to $800M-$890M and EBITDA to $375M-$415M over 10 years
FY25 EBITDA forecast narrowed to $30M-$32M despite licensing delays
TCPSL acquisition approved, expected to complete by February 2025
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