PayPoint Plc reported a trading update for Q3 FY26, showing a slight decrease in net revenue compared to the same period last year. The company remains on track to deliver record profits for the year, with strong performance in key divisions such as Shopping, E-commerce, Payments & Banking, and Love2shop.

In the Shopping division, service fee net revenue increased by 7.3% driven by growth in PayPoint One/Mini sites. The E-commerce division saw a record quarter for the parcels business, with a 6.7% increase in transactions. The Payments & Banking division continued its growth, with net revenue increasing by 12.9% through the MultiPay platform.

Love2shop division reported strong billings growth, with Love2shop Business billings up 5.2% and InComm Payments billings up 238.9%. The company ended the season flat for Park Christmas Savings billings. The Group’s net corporate debt as of 31 December 2025 was £131.3 million.

PayPoint also announced an increased and extended share buyback program, returning at least £30 million per annum to shareholders. The company aims to reduce its equity base by at least 20% over the period, reflecting confidence in growth targets for FY28. Additionally, a Capital Markets Day will be held later in the year to provide an update on strategy and services.

Read more at GlobeNewswire: Trading update for the three months ended 31 December 2025