PayPoint plc

PayPoint Plc is hosting a Capital Markets Day for analysts and institutional investors at Investec's offices in London, setting out the growth drivers underpinning its medium-term ambition of delivering 5-8% net revenue growth per annum. The event details the growth opportunities, execution priorities and key performance indicators across the Group's four business units following the reorganisation announced in March 2026. Network Services is targeting underlying net revenue growth of 5-10% per annum on FY26 net revenue of £92.4 million, while Digital Payments & Open Banking is targeting more than 20% compound annual net revenue growth, with revenue expected to more than double over four years from FY26 net revenue of £13.3 million. Love2shop, with FY26 net revenue of £53.5 million, is focused on maximising the lifetime value of billings, and Merchant Services, with FY26 net revenue of £31.6 million, is executing a strategic reset that includes launching Handepay Connect in Q4 2026. The Group also said it will continue its £30 million per annum share buyback programme through to March 2028, with dividends moving towards approximately two times cover, and that trading since its Q1 FY27 Trading Update on 29 July 2026 has continued in line with expectations, with FY27 performance expected to be weighted towards the second half.

PayPoint Plc reported a solid first-quarter performance for the three months ended 30 June 2026, with the Group on track to meet market expectations for the full year. Group net revenue declined 6.4% to £39.5 million, reflecting a challenging trading environment and a strong prior-year comparator. Within the Group, Network Services net revenue fell 6.5% to £21.6 million, Digital Payments & Open Banking rose 4.1% to £3.2 million, Merchant Services decreased 6.1% to £7.7 million, and Love2shop dropped 9.8% to £7.0 million. Chief Executive Nick Wiles noted that the business reorganisation has been largely completed, with early signs of enhanced accountability and focus, and that performance is expected to be weighted towards the second half of the financial year. The company also declared a final dividend of 20.0 pence per share, an increase of 2% on the prior year, and has returned £50 million through its share buyback programme as at 30 June 2026, with a third tranche commencing on 1 July 2026.

PayPoint has completed the acquisition of AperiData, a real-time credit reference agency and Open Banking platform, following a previous £1 million strategic investment. The deal adds AperiData's real-time financial assessment tools to PayPoint's multichannel payments offering, enabling organisations to gain better insight into customers' financial circumstances when agreeing payment plans. The two companies have collaborated since 2023 and jointly developed the award-winning Financial Information System Customer Support Tool. AperiData will continue to scale its solutions across the UK as part of PayPoint Group.