Araxi sees positive medium- to long-term outlook for payment device deployment despite weak H1 terminal performance
Bitget2026/09/30 15:05- Araxi flagged a “reasonable” H2 pipeline, backing expectations for a medium- to long-term rebound in payment terminal deployments.
- H1 terminal performance ran “well below expectation” as SARB modernization and regulatory changes delayed new orders, deployments, and maintenance activity.
- License and related revenue remained on track, supported by growth in the active terminal estate.
- Software division outlook stayed positive, supported by rising sales, a strong project pipeline, and year-on-year cost savings lifting profitability.
- Pay@ continued to outperform expectations; four months of results will be included in interim numbers due around Dec. 8.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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