EML eml payments limited

Ann: PFS UK New Customer Restriction Lifted, page-8

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    ✔ PCSIL wound up and losses stemmed
    ✔ Sentenial divested ($54m)
    ✔ PFSUK growth cap lifted
    ✔ Net Cash $50m

    Other deliverables
    • $10-15m reduction in overheads by H2 2024
    • Net FTE reduction of 10% by FY25 (current employee costs annualising at $90m+ but that's including PCSIL)
    • Optimisation activities to improve Interest yield on float - currently @2.54%
 
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