PaySauce (PYS) H2 2026 earnings summary

Executive summary

• Achieved strong growth in New Zealand core business and launched payroll platform in Australia, targeting micro-businesses with a mobile-first, compliant solution.

• Strategic focus shifted toward Australian market entry, with resources redirected to support pilot and rollout activities.

Financial highlights

• Operating revenue rose 3% to $9.2m compared to FY25.

• Processing fee income increased 13% to $7.2m, driven by a 5% rise in customers to 8,600.

• Annualised recurring revenue reached $9.0m, up 6% year-over-year.

• Net profit before tax declined to $0.17m from $0.46m, reflecting increased investment.

• Interest income fell to $1.8m from $2.3m as wholesale rates eased.

Outlook and guidance

• Focus for FY27 is on disciplined execution, customer acquisition in Australia, and unifying NZ customers onto the Global Payroll Platform.

• Australian revenue expected to build gradually; lower wholesale interest rates may continue to impact interest income.

• Management prioritizes careful capital allocation and balancing growth with profitability.