Analyst consensus
| EUR million | 2024 actuals | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Net revenue | 292.5 | 325.6 | 360.6 | 399.7 |
| Adjusted EBITDA | 121.7 | 130.3 | 150.2 | 168.5 |
| Adjusted EBITDA margin | 41.6% |
40.0% |
41.6% | 42.2% |
| Adjusted cash EBITDA1 | 88.7 | 94.1 | 110.7 | 129.7 |
| Adjusted cash EBITDA margin | 30.3% | 28.8% | 30.7% | 32.6% |
| Adjusted EPS | 4.65 | 6.05 | 7.89 | 9.67 |
| Net debt | 275.5 | 254.4 | 206.4 | 142.2 |
| Net leverage | 2.3x | 2.0x | 1.4x | 0.9x |
| Capitalised R&D | 35.0 | 42.7 | 44.6 | 44.6 |
Consensus as at 22 October 2025. Includes estimates from nine analysts, of which eight have updated estimates following W.A.G payment solutions plc Half Year 2025 results, published on 4 September 2025.
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 |
|---|---|
| Berenberg | Alex Short |
| Citigroup | Pavan Daswani |
| Investec | Jens Ehrenberg |
| Jefferies | Hannes Leitner |
| Morgan Stanley | Adam Wood |
| Deutsche Numis | Tintin Stormont |
| Peel Hunt | Gautam Pillai |
| UBS | Abi Bell |
| Wood & Co | Bram Buring |
Related pages
Results, reports and presentations
All results, reports and presentations including all financial information published by Eurowag.
Results, reports and presentations
Dividend policy
The Company prioritises investments into organic and inorganic growth including into technology transformation and its end-to-end integrated digital platform.
Dividend policy