EML Payments Limited (ASX: EML)

EML Payments Limited is an Australia-based company, which provides a payment solutions platform. The Company offers program management and payments to create customizable solutions for businesses, brands and their customers. The Company operates through three segments: Gifting, General Purpose Reloadable (GPR) and Digital Payments (DP).

The Gifting segment products provide single load gift cards for shopping malls and incentive programs across the world. The GPR segment products provide reloadable cards to a variety of industries including, government, salary packaging, gaming and digital banking. This segment provides a full-service offering including issuance, processing and program management.

The DP segment products provide payment options for consumers. Industries include Open Banking, Buy-Now Pay-Later providers and Bill payment providers. Its products include Card Payments, Open Banking, Digital Account Payments and Seamless.

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REVENUE IN AUD (TTM)

288.70m

NET INCOME IN AUD

-167.31m

Year on year EML Payments Ltd had net income fall 5,832.60% from a loss of 4.80m to a larger loss of 284.82m despite a 9.38% increase in revenues from 232.38m to 254.19m. An increase in the selling, general and administrative costs as a percentage of sales from 47.81% to 51.01% was a component in the falling net income despite rising revenues.