Half Year 2025 Noumi Ltd Earnings Call Transcript

Feb 24, 2025 / 11:00 PM GMT
Release Date Price: $0.105

Key Points

Positve
  • Noumi Ltd (NOUMF) reported a 76% increase in new business revenue, indicating early progress in their strategic objective to accelerate new business growth.
  • The company launched a new product, High Value Payments, and secured a major US bank as a foundation client, enhancing their product portfolio.
  • Pro forma revenue was down by only 2%, showing stability despite challenges in renewals.
  • The Americas and APAC regions, which represent 90% of the company's pro forma revenue, delivered stable results.
  • Noumi Ltd (NOUMF) maintained a strong cash position with net cash at $31.1 million, providing financial stability.
Negative
  • Statutory revenue decreased by 29% due to a softer renewals book, highlighting reliance on contract renewals.
  • EBITDA was down 58% to $4.6 million, reflecting the impact of lower statutory revenue and a largely fixed cost base.
  • The company's smallest market, Europe, underperformed with a 17% decline in pro forma revenue.
  • Collaborate, representing 43% of pro forma revenue, declined by 10% due to downsell and churn.
  • There was no interim dividend declared, which may concern investors looking for returns.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NOU.AX - Noumi Ltd
Half Year 2025 Noumi Ltd Earnings Call
Feb 24, 2025 / 11:00PM GMT

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Presentation
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Unidentified_1 [1]
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Thank you, operator. A very good morning to everybody. My name is Ian Lowe, and I'm the CEO of IR.

Welcome to the half year FY25 results briefing. With me today is Christian Shaw, our CFO.

I'm going to open today's presentation and then I will hand over to Christian to take us through the financial review.

At the conclusion of the presentation.

Presentation to the ASX website and we will refer to that throughout this call, and you can also find a copy of that presentation in the investor relations section of our website at IR.com.

So I'm going to refer to the presentation throughout the call today and I'd like to start by going straight to the second slide.

And this really just explains the
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