Latest EML PAYMENTS (ASX:EML) News

EML Payments has appointed Adam Olding as its Global CEO, marking a pivotal step in its EML 2.0 transformation and signalling strengthened leadership to drive growth. Concurrently, regulatory developments around its Australian banking licence application introduce new compliance dynamics.

Gold exposure was sold hard, while a lender and a legal-finance group caught steady buying. Dividends, buy-backs and new bank-style hybrids did the heavy lifting for sentiment.

EML Payments has received Supreme Court approval for its $37.36 million shareholder class action settlement, enabling the company to refocus on its strategic growth plans.

EML Payments has appointed Stuart Will as its new Chief Financial Officer, marking a key leadership transition as the company advances its growth strategy. The change follows significant financial restructuring under outgoing CFO James Georgeson.

EML Payments has affirmed its FY26 underlying EBITDA guidance of A$58-63 million following a solid Q1 trading update, underpinned by a growing new program pipeline and operational efficiencies.

EML Payments reported a 9% revenue increase and 13% rise in underlying EBITDA for FY25, driven by strategic partnerships and operational transformation. The company sets a steady growth outlook for FY26 despite expected interest revenue headwinds.

EML Payments Limited reported a 9% revenue increase and 13% rise in underlying EBITDA for FY25, while advancing its EML2.0 transformation and Project Arlo technology platform. Despite a net loss impacted by a shareholder class action provision, the company’s renewed client pipeline and strategic restructuring signal a pivotal phase ahead.

EML Payments has reached an in-principle agreement to settle a $37.36 million shareholder class action related to its 2020 acquisition, allowing the company to focus on its strategic growth plans.