Findi ( (AU:FND) ) has provided an update.
Findi Limited announced that the National Payments Corporation of India has approved an increase in ATM interchange fees, effective May 1, 2025. This change is expected to significantly boost Findi’s revenue, EBITDA, and NPAT, with anticipated impacts exceeding A$5.5 million in FY26 and A$10.0 million in FY27. The increase in fees will enhance Findi’s cash flow, allowing for further investment in capital expenditure and expansion of recent contract wins, thereby improving the company’s profitability and market position.
More about Findi
Findi Limited is a digital payments and financial services provider, primarily focusing on ATM networks and financial transactions across India.
YTD Price Performance: -8.76%
Average Trading Volume: 395
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €130.8M
For a thorough assessment of FND stock, go to TipRanks’ Stock Analysis page.