Overview
UK cloud payment solutions firm's H1 revenue grew 7% yr/yr
Adjusted EBITDA for H1 decreased 79% due to strategic investments
Company expanded partner ecosystem, enhancing revenue visibility
Outlook
Company expects to further expand partner eco-system in H2 FY26
PCI-PAL aims to reduce time to revenue in H2 FY26
Company confident in meeting full-year expectations due to strong demand
Result Drivers
PARTNER ECOSYSTEM - 83% of new contracts were secured via partners, contributing 71% of total new business, reflecting a growing partner ecosystem
ENTERPRISE SALES - Strong sales pipeline expansion with growing enterprise opportunities, especially in North America
INVESTMENT IMPACT - Adjusted EBITDA decreased 79% due to increased investment in line with strategic plans
Company press release: ID:nRSC0144Va
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Adjusted EBITDA
GBP 200,000
H1 Adjusted Pretax Profit
-GBP 650,000
H1 Pretax Profit
-GBP 820,000
Analyst Coverage
Wall Street's median 12-month price target for PCI- PAL PLC is GBp125.00, about 119.3% above its March 2 closing price of GBp57.00
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)