EML Payments (ASX:EML) has announced its strategic plan for FY25-FY28, alongside a trading update. The company reported promising results for Q1 FY25, with a 7% increase in Gross Debit Volume, a 12% rise in revenue, and a 46% growth in underlying EBITDA from the previous year. EML aims for double-digit transaction revenue growth by FY27.
EML Payments has presented its strategic plan for FY25-FY28, highlighting their focus on transitioning to a single, global operating model. The plan includes expansion into new verticals and markets, leveraging a global technology platform for diversification and efficiency. The company aims for a 35% EBITDA margin by FY28 and expects to achieve 10-12% transaction revenue growth. EML's strategy involves nurturing core markets, expanding its global presence, and enhancing product capabilities. The company is investing in technology and leadership to drive these initiatives, positioning itself for continued growth in the digital payments sector.
Our strategic plan outlines a clear path for growth and efficiency, focusing on core markets while expanding into new verticals and geographies. We are committed to leveraging a global technology platform to diversify our offerings and improve operational efficiencies.