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CAB Payments set to end year ahead of expectations

(Sharecast News) - CAB Payments said on Thursday that it expected to report full-year revenue and profitability ahead of market expectations after continued positive trading through the second half of 2025. The London-listed group said total income was set to come in at £119m, compared with £106.4m in 2024, while adjusted EBITDA was expected to come in slightly above the range of current market consensus estimates.

Company-compiled consensus for 2025 had forecast total income of between £108.4m and £112.6m, with adjusted EBITDA expected to range from £28.3m to £33.8m.

CAB said the performance reflected the execution of its strategy to deepen its presence in key markets and strengthen relationships with central banks and regulators.

Increased transaction volumes, an expanded client base and new product capabilities all contributed to growth during the year.

The group also continued to extend its global footprint, opening a New York office in December and receiving a licence in principle to operate in Abu Dhabi in October.

CAB added that it expected to deliver positive operating leverage year-on-year as it continued to invest selectively in revenue-generating areas.

"I am very pleased with the progress we are making, returning the business to a sustainable and profitable growth trajectory," said chief executive Neeraj Kapur.

"The team's commitment to our purpose, combined with our strong client proposition, has delivered financial performance ahead of market expectations.

"This is a meaningful step forward which we intend to continue through targeted investment to create ongoing sustainable growth for the group.

"I am energised by the momentum we carry into 2026 and the opportunities we see ahead of us."

CAB said it would release its full-year results on 5 March.

At 1018 GMT, shares in CAB Payments Holdings were up 8.18% at 71.4p.

Reporting by Josh White for Sharecast.com.

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