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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
PaySauce
PaySauce (PYS) investor relations material
PaySauce AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary24 Sep, 2026
Opening remarks and agenda
Hybrid meeting opened with Chair, CEO and CFO addresses, followed by an auditor-remuneration resolution and shareholder questions. Proxies covered ~32 million shares, over 40% of total shares; quorum confirmed.
Financial performance review
FY 2026 operating revenue NZD 9.2m vs NZD 9.0m in FY 2025; processing fees rose 13% to NZD 7.2m, partly offset by interest income down NZD 0.5m to NZD 1.8m.
Pre-tax profit was NZD 0.17m; operating expenses rose 5% to NZD 8m. R&D increased 16% to NZD 3.3m, including NZD 2.1m capitalized.
Customers rose 5% to 8,600; monthly average revenue per user increased to NZD 87 from NZD 86. Cost to serve was NZD 19 per customer; AI agent resolved nearly 80% of chat queries.
NZ operations generated NZD 2m operating cash; January 2026 capital raise netted NZD 4.56m. FY-end cash was NZD 4.5m; the raise was 25% oversubscribed.
In the first-quarter update, processing fees rose 11% YoY to NZD 1.9m, ARR rose 8% to NZD 9.5m and recurring revenue rose 5% to NZD 2.3m; interest income fell 17% to NZD 0.4m.
Board and executive committee updates
Director Mark Samlal is retiring at the conclusion of the AGM; the Chair thanked him for his payroll-industry experience, commercial judgment and board contribution.
CEO Asantha Wijeyeratne relocated to Melbourne during Australian market entry to build the local team and embed its culture.
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Latest events from PaySauce
- Australian expansion drives growth with a scalable platform, strong partnerships, and AI innovation.PYS
Trading update - Revenue and customer growth funded Australian launch; profit dipped amid strategic investment.PYSH2 2026
- A new payroll platform streamlines compliance for Australia's micro-businesses, enabling growth.PYSInvestor presentation
- Revenue and profit rose, with global payroll launch and strong NZ-driven expansion.PYSH1 2026
- Record ARR and robust processing fee growth achieved as Australian launch preparations advance.PYSQ2 2026 TU
- Strong revenue and customer growth, improved profitability, and focus on Australian expansion.PYSAGM presentation 2025
- Recurring revenue up 6% YoY, processing fees up 17%, and Australian launch nearing.PYSQ1 2026 TU
- ARR up 17% to $8.7m, net profit and free cash flow rose, customer base expanded 12%.PYSH1 2025
- Revenue up 17%, customer base up 11%, with improved profitability and strong free cash flow.PYSH2 2025
Next PaySauce earnings date
H1 202715 Nov, 2026
PaySauce
Next PaySauce earnings date
H1 202715 Nov, 2026
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Frequently asked questions
PaySauce Limited is a New Zealand-based fintech company providing cloud-based payroll and human resources software solutions tailored for small to medium-sized businesses. The company's platform streamlines payroll processing, allowing users to manage timesheets, calculate wages, and automate tax compliance. In addition to payroll, PaySauce offers tools for managing employee leave, contracts, and other HR-related functions, with a particular focus on industries with hourly and flexible workforces, such as agriculture and retail. The company is headquartered in Wellington, New Zealand, and its shares are listed on the NZX.