Investor Presentaiton
EML Payments H1 FY2022 Financial Results
Financial Results
GDV
$31.6bn
UNDERLYING EBITDA²
$26.9m
Revenue¹
$114.4m
20%
209%
4%
06
Underlying
NPATA²
$13.1m
6%
Cash At Bank
$86.2m
39%
Key Takeaways
Strong GDV growth (+209%) -
organically in all segments and acquisitive
with the consolidation of Sentenial
for 3 months from October 2021
-
Strong Revenue growth
(+20%) - in all segments
GP margins impacted by lower net interest
(down $2.7m) and lack of European
set up fees (down $2.4m). Net interest
impact of $2.7m vs H1 FY2021, or 4% of
Gross Profit. Interest revenue will improve
in H2 FY2022 as announced Central Bank
interest rate increases improve yields
Overheads increased, particularly in
Europe and includes consolidation of
Sentenial and leaves EML well positioned
to support future revenue growth
1
Revenue is adjusted for the non-cash amortisation of the AASB3 fair value uplift to bond investments
2 Underlying EBITDA & Underlying NPATA excludes the impacts of the non-cash amortisation of the AASB3 fair value uplift to bond investments and CBI and related costs. A reconciliation is provided in the Analyst briefing data pages appended to this presentation
3 Percentage movement has been calculated based on the prior comparative period, H1 FY2021, unless otherwise noted.View entire presentation