Core Viewpoint - PayPoint Plc anticipates a record financial performance for FY26, with a significant business reorganization aimed at enhancing operational efficiency and growth opportunities across four business units [3][25]. Financial Performance - The Group expects to deliver a record financial performance for FY26, aligning with expectations, and has executed a share buyback program, purchasing 3,957,613 shares for £23.8 million [3]. - The Group aims to reduce its issued share capital by approximately 30% by FY28, having already reduced it by about 15% in the current year [3][29]. - Over £90 million will be returned to shareholders in FY26 through share buybacks and dividends [29]. Business Reorganization - The Board has decided to reorganize the business into four units: Network Services, Digital Payments and Open Banking, Love2shop, and Merchant Services, to create a more integrated and transparent structure [4][5]. - This reorganization is expected to enhance focus on growth opportunities, improve accountability, and unlock cost savings [5][25]. - Each business unit will have clearly defined financial metrics and KPIs, providing investors with better insights [7]. Business Units Overview 1. **Network Services** - Estimated FY26 net revenue of £91.3 million, focusing on supporting over 30,000 convenience stores and enhancing service delivery [7][8]. - Strategy to improve network performance through better compliance and service delivery [9][10]. 2. **Digital Payments and Open Banking** - Estimated FY26 net revenue of £13.4 million, aiming to unify product development and accelerate new business wins [12][13]. 3. **Love2shop** - Estimated FY26 net revenue of £53.2 million, with a focus on enhancing technology and product capabilities since its acquisition in 2023 [14][15]. - Plans to leverage AI for improved marketing insights and expand distribution channels [16]. 4. **Merchant Services** - Estimated FY26 net revenue of £31.5 million, with a strategy to adapt to competitive market changes and improve merchant retention [19][20]. - Focus on high-value segments and partnerships to drive growth in Merchant Rentals and Business Finance [23][24]. FY27 Outlook - The reorganization is expected to drive significant changes in FY27, positioning PayPoint to prioritize resources for long-term growth despite market challenges [25][26]. - The outlook indicates a balanced approach between growth, cost efficiency, and recent trends in certain business units, suggesting potential for exceeding FY26 profits [27]. Future Announcements - Preliminary results for FY26 will be announced on 11 June 2026, along with further details on the reorganization and strategy [30].