PaySauce (PYS) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed shareholders in person and online, introduced directors and executive team, and confirmed quorum with proxies representing over 40% of shares.

• Outlined meeting agenda: presentations from Chair, CEO, and CFO, followed by voting and Q&A.

Financial performance review

• Customer numbers grew 5% to 8,600; processing fee revenue rose 13% to NZD 7.2 million.

• Operating revenue reached NZD 9.2 million, up from NZD 9 million; net cash at year-end was NZD 4.5 million.

• Pre-tax profit for the year was NZD 0.17 million; operating expenses increased 5% to NZD 8 million.

• R&D expenditure increased 16% to NZD 3.3 million, with NZD 2.1 million capitalized.

• Quarterly processing fee revenue up 11% year-on-year; ARR grew 8% to NZD 9.5 million.

Board and executive committee updates

• Mark Samlal, Independent Director, retired at the conclusion of the meeting.

• Executive team expanded, including new roles in Australia to support market entry.