PayPoint Plc announces a record financial performance for FY26, in line with expectations, and continues its share buyback program, reducing issued share capital by 15% in the current year. The company is reorganizing into four business units: Network Services, Digital Payments and Open Banking, Love2shop, and Merchant Services, to simplify operations, enhance transparency, and drive growth. Each unit will have clear financial metrics and KPIs, with a focus on cost savings and improved shareholder returns. The reorganization aims to strengthen execution, improve service delivery, and accelerate new business growth. PayPoint expects to exceed FY26 underlying profits in FY27, despite market challenges, and maintains its capital allocation and dividend policies, returning over £90 million to shareholders in FY26. Preliminary results and further details on the reorganization will be announced in June 2026, followed by a Capital Markets Day in September.
| Metric | FY26 | FY27 Outlook |
|---|---|---|
| Net Revenue (Network Services) | £91.3 million | N/A |
| Net Revenue (Digital Payments and Open Banking) | £13.4 million | N/A |
| Net Revenue (Love2shop) | £53.2 million | N/A |
| Net Revenue (Merchant Services) | £31.5 million | N/A |
| Share Buyback (Value) | £23.8 million | Ongoing, part of 30% reduction in share capital by FY28 |
| Share Capital Reduction | ~15% | On track for ~30% reduction by FY28 |
| Dividend Policy | Growing ordinary dividend | Continued growth in ordinary dividend |
| Total Shareholder Returns (FY26) | £90 million | N/A |
| Profit Outlook | Record performance, in line with expectations | Likely to exceed FY26 underlying profits, within market expectations |