Edison Investment Research - EML Payments (EML) EML Payments - New three-year plan to transform the business

Report

Edison Investment Research

Richard Williamson

EML Payments - New three-year plan to transform the business

At its AGM in November, EML Payments presented the outcome of its recent strategic review and the new three-year transformation plan. This includes fully integrating previous acquisitions, streamlining operations, becoming more customer-focused and developing EML’s product suite to evolve from prepaid cards to embedded finance. Based on Q123 trading we have revised our forecasts down to the lower end of new FY23 guidance.

09/12/2022 1 EN

Underlying

EML Payments

EML Payments is engaged in the exploration for and development of economic deposits of gold and other minerals. Co. operates predominantly in Australia.

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AU000000EML7 Australian Securities Exchange Australia

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Richard Williamson

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EML Payments - New three-year plan to transform the business

EML Payments Limited: 1 director

EML Payments - Back to basics

EML Payments - Growth cap lifted in the UK

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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