PayPoint

Nov 2025 said it would take longer; FY26 EBITDA was £92m.

“While we continue to make progress towards delivering underlying EBITDA of £100 million in the current financial year – which remains a key financial objective the business is confident of reaching – it is likely we will take longer to do so.”20 Nov 2025 · Results for the half year ended 30 September 2025 “Underlying EBITDA of £92.0 million (FY25: £90.0 million) increased by £2.0 million (2.2%)”11 Jun 2026 · Record profits delivered and reorganisation to deliver next stage of growth

Kiosk timing moved from Q1 2026 to Q4 FY26.

“The Royal Mail shop rollout will continue over H2 FY26 to the rest of the 8,000-site network, including the launch of self-service kiosks during Q4 FY26.”20 Nov 2025 · Results for the half year ended 30 September 2025 “The Royal Mail Shop rollout will continue over H2 FY26 to the rest of the 8,000-site network, including the launch of self-service kiosks during Q4 FY26.”28 Jan 2026 · Trading update for the three months ended 31 December 2025

Target raised to circa 30% in March 2026; shares in issue down 17.7% by July 2026.

“The Group remains on course to reduce its issued share capital by circa 30% in the three years to FY28 while continuing to grow the ordinary dividend, with share capital already reduced by circa15% in the current year.”30 Mar 2026 · FY26 Update, Business Reorganisation and FY27 Outlook “As at 30 June 2026, the Company had returned £50 million through the first and second tranches of the Buyback Programme, with 7,860,645 Ordinary Shares purchased for cancellation and, together with the Company's share consolidation, shares in issue reduced by 17.7%.”1 Jul 2026 · Share Buyback Programme

FY26 net debt £132.5m against EBITDA £92m is about 1.4x, within range.

“Net corporate debt of £132.5 million increased by £35.1 million as expected from opening position of £97.4 million”11 Jun 2026 · Record profits delivered and reorganisation to deliver next stage of growth