Analyst consensus

EUR million 2025 Actuals 2026E 2027E 2028E
Net revenue 330.1 364.7 403.2 440.9
Adjusted EBITDA 132.1 148.4 166.0 180.8
Adjusted EBITDA margin 40.0% 40.7% 41.2% 41.1%
Adjusted cash EBITDA1 98.0 110.5 127.3 146.4
Adjusted cash EBITDA margin 29.7% 30.4% 31.8% 33.6%
Adjusted EPS 4.83 7.14 8.63 10.35
Net debt 216.2 183.3 123.6 63.9
Net leverage 1.9x 1.3x 0.8x 0.4x
Capitalised R&D 41.4 42.7 43.3 40.3

Consensus as at 23 April 2026. Includes estimates from eight analysts, of which five analysts have updated estimates following W.A.G payment solutions plc Full Year 2025 results, published on 25 March 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
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