Payments Stock Down 30% Draws $6 Million Bet as Company Posts $4 Billion in Revenue
Why it matters: A deep discount on a growing payments network could deliver outsized returns for patient investors.
- Solas Capital Management added 73,494 Euronet shares worth $5.59 M, representing 3.17% of its 13F‑reportable assets.
- Euronet Worldwide posted 2025 revenue of $4.24 B (+6% YoY) and net income of $309 M, with adjusted EPS up 12% to $9.61, yet its stock fell 30% YTD, lagging the S&P 500’s 20% gain.
- Fintech infrastructure investors view the sharp sell‑off as a buying opportunity in a profitable, globally‑scaled payments backbone that powers millions of ATM, POS, and remittance transactions.
Solas Capital Management quietly snapped up a $5.6 million stake in Euronet Worldwide, a payments infrastructure firm whose stock has slid 30% despite a 6% revenue rise to $4.24 billion and 12% EPS growth. The move highlights a contrarian play on a cash‑generating fintech player that’s underperforming the broader market.
