CAB Payments rebuffs Helios bid as FY25 results mark growth inflection

CAB Payments Holdings Limited ( (GB:CABP) ) has provided an update.

CAB Payments has rejected a takeover offer from the Helios Consortium, branding it highly opportunistic and saying it fundamentally undervalues the group’s strategic progress and future prospects. The independent board, which has consulted major shareholders, is urging investors to take no action, arguing that the cash bid carries a low premium, FX risk from USD consideration and an illiquid, non-voting share alternative.

The company’s FY25 results show a return to double-digit total income growth, a 14% rise in adjusted EBITDA to £35m and improved diversification by clients, currencies and geographies, helped by new licensed offices in New York and Abu Dhabi. Management says a reshaped cost base, expanded liquidity network, AI-enabled, scalable platform and deep central bank relationships give the group scarcity value and support updated guidance for high-teens to low-twenties annual income growth and future shareholder distributions.

These developments, alongside new USD clearing capacity, wider ACH reach and planned stablecoin-enabled payment capabilities from 2026, are presented as evidence that CAB Payments can deliver attractive, capital‑light growth in fast‑growing markets despite geopolitical uncertainty. The board, including Helios representatives, unanimously backs the current strategy and maintains that the medium-term opportunity is substantially greater than that implied by the Helios offer, which also faces a lengthy regulatory timetable.

The most recent analyst rating on (GB:CABP) stock is a Hold with a £87.00 price target. To see the full list of analyst forecasts on CAB Payments Holdings Limited stock, see the GB:CABP Stock Forecast page.

Spark’s Take on GB:CABP Stock

According to Spark, TipRanks’ AI Analyst, GB:CABP is a Neutral.

The score is primarily supported by strong technical momentum (price above key moving averages with positive MACD). This is offset by only moderate financial performance due to the sharp 2024 revenue drop and volatile operating and cash-flow history, and a relatively high P/E valuation with no dividend yield provided.

To see Spark’s full report on GB:CABP stock, click here.

More about CAB Payments Holdings Limited

CAB Payments Holdings PLC operates a global foreign exchange and payments business focused on high-growth and emerging markets. The group leverages a UK banking licence, regulated entities and central bank relationships to provide FX, payment rails and transaction services for B2B clients, including financial institutions and corporates, with an expanding footprint in the U.S., Europe, the Middle East and other key corridors.

Average Trading Volume: 429,544

Technical Sentiment Signal: Buy

Current Market Cap: £218.8M

For an in-depth examination of CABP stock, go to TipRanks’ Overview page.