EML Payments Ltd
EML Payments Slashes FY26 EBITDA Guidance by 20% on Implementation Delays and Weak Trading
EML Payments cuts FY26 EBITDA guidance ~20% to $47m-$50m on delayed go-lives and weaker Northern Hemisphere trading.
EML Payments targets double-digit revenue growth under new leadership
EML Payments (ASX: EML) recorded a vastly improved financial performance on all key metrics in the 2024 financial year. Group chief executive officer Ron Hynes told shareholders that many long-term structural obstacles and challenges had been addressed over the course of FY24. Mr Hynes, who was appointed to his role in July after a lengthy […]
ACCC blocks Qantas-Alliance tie-up, Star Group reveals low earnings and Irish national to lead flailing EML Payments
The Australian Competition and Consumer Commission (ACCC) has stonewalled Qantas Airways’ (ASX: QAN) proposed acquisition of private charter flight service company Alliance Aviation Services (ASX: AQZ). Qantas scooped up a 19.9% holding in Alliance in February 2019, and in May last year followed up with a bid acquire 100% of the airline for about $614 […]
AMP strikes historic deal, Fortescue reveals record shipments and Pushpay indicates several interested buyers
AMP Limited (ASX: AMP) has entered into a landmark deal with property trust Dexus this week that could be worth up to $550 million. After quashing efforts to spin off its real estate and infrastructure equities manager Collimate Capital, AMP has opted into selling local management rights over $28 billion to Dexus. AMP chair Debra […]