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18 August 2026 EMI .. ASX Market Announcements 20 Bridge Street SYDNEY NSW 2000 Money in Motion +61 ( 07 ) 3557 1100 Level 13 440 Collins Street 1Melbourne VIC 3000 EML Payments Limited EML Announces FY26 results Revenue of $ 206.8m ( -6 % on FY25 ) Underlying EBITDA of $ 48.3m ( -18 % on FY25 ) Cash balance $ 37.8m , following outflows for legacy matters² New program pipeline of $ 109m , with ~ $ 50m in tender or final decision phases Commercial team leadership strengthened in H2 FY26 , with excellent key client renewal performance Restructuring complete ; commercial performance and Arlo deployment the key focus for FY27 FY27 Underlying EBITDA guidance of $ 50m- $ 54m Proforma free cash flow of $ 30- $ 35m forecast in FY28 as the bulk of Arlo , transformation and legacy remediation expenditure falls away EML PAYMENTS LIMITED ( ASX : EML ) ( " EML " ) has today released its FY26 Appendix 4E Financial Results and Annual Report . EML's Executive Chairman Anthony Hynes said : " Much of our EML2.0 operational restructuring has been completed and , notwithstanding that our financial performance did not meet initial forecasts for FY26 , EML is a much stronger business today as a result of the team's dedication and execution over the last 12 months . We see a clear path to material free cash flow generation in FY28 and beyond . " " Our FY26 financial result was below expectations , with revenue realisation from new contracts falling short of initial forecast due to onboarding delays ( which were mainly client and network intermediary related ) and the recalibration of near - term revenue flow from several key contracts , which we believe over time will prove at least as valuable as originally anticipated . Additionally , we experienced softer trading in some of our northern hemisphere gift and incentive programs and in UK government programs in the second half . Whilst overheads were well managed , our EBITDA result of $ 48.3m was in line with revised guidance but down on FY25 . " " Our new program pipeline continues to develop , reaching $ 109m at report date , approximately $ 50m of which is in client tender or final decision phases . With new commercial leadership in APAC and Europe appointed late in H2 FY26 , we expect further growth in FY27 . Our renewal performance continues to be strong with 9 of our top 30 contracts renewed during the year , which is testament to improved operational performance and a step change in our relationship management methodology . Product innovation is now front and centre with many key clients . " www.emlpayments.com 1 Continuing businesses ex Sentenial & PCSIL . Financial results are adjusted to exclude one off items . 2 Class action settlement , intercompany loan payment to PCSIL 1