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PayPoint (PAY) investor relations material
PayPoint Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved solid Q1 performance with business reorganisation implemented and early signs of improved ownership, accountability, and product focus across business units.
Underlying business performance consistent with expectations, despite challenging trading environment and subdued consumer activity.
Progress made in all business units, with positive momentum in new business and product development.
Financial highlights
Group net revenue for Q1 FY27 was £39.5m, down 6.4% year-over-year from £42.2m.
Network Services net revenue declined 6.5% to £21.6m; Digital Payments & Open Banking grew 4.1% to £3.2m.
Merchant Services net revenue fell 6.1% to £7.7m; Love2shop net revenue decreased 9.8% to £7.0m, but billings rose to £44.9m, up from £38.4m.
Outlook and guidance
Group remains on track to meet market expectations for FY27, with performance expected to be weighted towards the second half due to new business acceleration and seasonal impacts.
Confident in further progress for FY27, supported by established trading rhythm and completed reorganisation.
- Record profits, strong shareholder returns, and a platform for sustained growth established.PAY
H2 2026 - Record FY26 results, major reorganisation, and profit growth expected in FY27.PAY
Q4 2026 TU - Record profits expected for FY26, driven by strong e-commerce and Love2shop growth.PAY
Q3 2026 TU - Resilient results, stable net revenue, and strong shareholder returns amid market challenges.PAY
H1 2026 - Net revenue up 7.5% year-over-year, with enhanced shareholder returns and strong parcel growth.PAY
Q1 2026 TU - EBITDA up 20.6% and profit before tax up 34.3%, driven by e-commerce and Love2shop.PAY
H1 2025 - Underlying EBITDA up 32.6%, net revenue up 40%, £20m share buyback, £100m EBITDA target.PAY
H2 2024 - Underlying EBITDA up 10.7% and net revenue up 3.7%, with strong e-commerce growth.PAY
H2 2025 - FY25 results on track; EBITDA near £90m, net debt under £100m, buybacks ongoing.PAY
Q4 2025 TU
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