CAB Payments (CABP) Q4 2025 TU earnings summary

Executive summary

• Strong revenue and profitability performance expected for FY25, ahead of market expectations.

• Positive trading momentum continued through H2 2025, driven by increased transaction volumes and an expanded client base.

• Strategic focus on deepening presence in key markets and strengthening regulatory relationships.

Financial highlights

• Total Income for FY25 expected to be approximately £119 million.

• Adjusted EBITDA anticipated to be slightly above consensus estimates for the year.

• FY24 Total Income was £106.4 million; FY25 consensus ranged from £108.4m to £112.6m.

• FY24 Adjusted EBITDA was £30.8 million; FY25 consensus ranged from £28.3m to £33.8m.

Outlook and guidance

• Positive operating leverage expected year-on-year as targeted investments continue.

• Management expresses confidence in maintaining growth momentum into 2026.

• Further details to be provided at full year results on 5 March 2026.