EML Payments Ltd. (AU:EML) has released an update.
EML Payments Ltd has reported a strong FY24 with a revenue increase of 18% to $217.3 million and a 34% rise in underlying EBITDA to $49 million for its continuing business, marking significant improvements across all key financial metrics. The company successfully navigated strategic and operational challenges, including the divestment of its loss-making Irish card business and the sale of Sentenial to GoCardless, while also reinforcing its leadership team with the appointment of Ron Hynes as CEO. These developments have set the stage for EML’s future growth and enhanced performance for customers and shareholders.
For further insights into AU:EML stock, check out TipRanks’ Stock Analysis page.
