Analyst consensus

EUR million 2024 actuals 2025 2026 2027
Net revenue 292.5 327.4 362.4 401.6
Adjusted EBITDA 121.7 130.0 150.1 167.9
Adjusted EBITDA margin 41.6%

39.7%

41.4% 41.8%
Adjusted cash EBITDA1 88.7 94.8 111.2 128.0
Adjusted cash EBITDA margin 30.3% 29.0% 30.8% 32.1%
Adjusted EPS 4.65 5.95 7.73 9.40
Net debt 275.5 252.1 200.1 132.2
Net leverage 2.3x 1.9x 1.3x 0.8x
Capitalised R&D 35.0 41.9 44.2 44.7

Consensus as at 9 February 2026. Includes analysts' estimates from eight analysts who have updated estimates following W.A.G payment solutions plc Half Year 2025 results, published on 4 September 2025 or W.A.G payment solutions plc Trading Update published on 27 January 2026. 

Please note that any opinions, estimates or forecasts regarding W.A.G payment solutions plc performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of W.A.G payment solutions plc or its management.

Notes: 1) Adjusted cash EBITDA is defined as Adjusted EBITDA less capitalised R&D plus non-cash share-based payments.

Analyst information

Institution Analyst
Citigroup Pavan Daswani
Investec Julian Yates
Jefferies Hannes Leitner
Morgan Stanley Adam Wood
Deutsche Numis Tintin Stormont
Peel Hunt Gautam Pillai
UBS Abi Bell
Wood & Co Bram Buring