Australia's EML Payments gains on upbeat HY results

EML Payments

25/02/2025 23:40

** Shares of EML Payments EML.AX up 8.8% at A$0.930

** Stock rose as much as 9.6% to A$0.936, their highest level since December 20

** Payment solutions platform provider announces HY statutory net profit after tax of A$9.5 million ($6.03 million), compared with a loss of A$4.7 million last year

** Co also reaffirmed FY25 underlying EBITDA guidance of A$54 million - A$60 million

** Stock up 7.8% YTD, including current session's moves

($1 = 1.5755 Australian dollars)

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))