Global payments provider EML Payments Ltd. reported a narrowed net loss for the six months to December 31, 2025, as its growth initiatives gained traction amid persistent cost management challenges.
The company, which operates in digital payments and card issuance, posted a net loss of A$12.4 million ($8.1 million) for the period, an improvement from a A$15.7 million loss in the same half of the prior year. Revenue rose 8% year-over-year to A$112.3 million, driven by increased transaction volumes and new client onboarding.
EML highlighted expansion in key markets, including the United States and Europe, where it has been scaling its prepaid card and digital wallet offerings. The company also noted ongoing investments in technology infrastructure to support scalability and regulatory compliance.
Chief Executive Officer Ian Gowdie said the results reflected "disciplined execution" of the growth strategy, despite macroeconomic headwinds affecting consumer spending in some regions.
"We remain focused on expanding our footprint while maintaining strict cost controls," Gowdie said in a statement. "The revenue growth we’ve achieved demonstrates the resilience of our business model."
EML’s gross profit margin expanded to 42.1% from 40.8% a year earlier, reflecting improved operational efficiency. The company maintained its full-year guidance for revenue growth of 7-9% in fiscal 2026, though it did not revise its profitability targets.
Analysts noted the company’s ability to balance growth investments with cost discipline as a positive sign, particularly in a competitive payments landscape. EML’s shares were down 2.1% in early trading on the Australian Securities Exchange following the results.
The company plans to allocate additional capital toward product innovation and market penetration in the second half of the fiscal year.
