Here are the key summary from the EML Payments investor...

Here are the key summary from the EML Payments investor presentation:

FY24 Highlights:
- Completion of strategic priorities set out in April 2023
- Strong financial result and balance sheet repaired
- Platform in place for EML 2.0 Build for Growth

FY24 Achievements:
- Continued growth in customer revenue (up 6%) and underlying EBITDA (up 34%)
- Successful regulatory remediation and cost optimization efforts
- Closure of challenged Irish entity PCSIL and sale of Sentenial announced
- Strengthened leadership and organizational design to support future growth

Key Business Metrics:
- Large and growing total addressable market across 27 markets
- Diverse customer base spanning government, corporate, retail, and payroll
- Strong margins and profitability, with 76% underlying gross profit margin
- Reshaped business focused on key growth verticals like GPR, Digital Payments, and Corporate Incentives

Financial Performance:
- Revenue up 18% to $217.3m, with 97% increase in interest income
- Underlying EBITDA of $49.0m (continuing operations), at the top end of market guidance
- Cash decreased by $28.3m primarily due to one-off outflows related to PCSIL

Outlook and Priorities:
- FY25 Underlying EBITDA guidance of $54-$60m
- Continued focus on rebuilding sales capability, market-driven product strategy, and upweighting execution
- Medium-term strategic and operational plan to be shared at upcoming AGM

The presentation highlights EML's turnaround in FY24, setting the stage for future growth through a refocused business model and strengthened operations.

Accumulate if you believe the turnaround similar to BVS, NXL, ZIP, TYR