PAX Global Technology Limited has announced its audited annual results for the year ended 31 December 2025, reporting revenue of HK$5,872.5 million and profit for the year of HK$756.2 million, up 5% year-on-year. The Group also delivered a net profit margin of 12.9% and net cash generated from operating activities of HK$1,304.5 million.
For channel partners across Europe, the Middle East and Africa, the results underline PAX’s continued strength in the region. EMEA remained the Group’s largest revenue contributor in 2025, generating more than HK$2,148.7 million in sales.
In the Middle East and Africa, government-led digitalisation initiatives continued to support demand for electronic payment acceptance solutions. PAX further expanded its market presence across Africa, with Egypt and South Africa emerging as strategic growth markets where Android-based terminal deployments increased meaningfully and delivered strong sales performance.
At Group level, Android products accounted for more than 70% of revenue in 2025, highlighting the continued shift toward smart, software-enabled payment infrastructure. During the year, PAX expanded its Android portfolio with the launch of the A950, A6630 and A77 PCI PTS POI v7.0. Most importantly, PAX also introduced an enhanced A920Pro Premium with an additional customer-facing display.
PAX also continued to advance MAXSTORE, its SaaS platform offering centralized terminal management, application distribution, Remote Key Injection (RKI), remote technical support and operational analytics. As at 31 December 2025, MAXSTORE was connected to more than 16 million payment terminals worldwide, helping acquirers, PSPs and channel partners manage large-scale terminal estates more efficiently.
Commenting on the results, Tom Luo, Chief Executive Officer of PAX, said: “Leveraging its broad payment terminal portfolio and global sales and partner network, PAX continues to prioritize key markets, including the United States, Europe and Japan. Long-standing relationships with acquiring banks, PSPs and channel partners have further strengthened the Group’s position within the payment ecosystem.”
He added: “As the global shift toward cashless payments continues, acquiring banks and PSPs are increasingly prioritizing solutions that support large-scale deployment, regulatory compliance and reliable long-term operations. PAX is well positioned to support these evolving market needs.”
PAX noted that, despite stable operations and strong cash flow generation, the second half of 2025 brought upward pricing pressure on certain semiconductor components, particularly memory chips, alongside broader macroeconomic uncertainty including tariffs and currency fluctuations. In view of these factors, the Board resolved not to recommend a final dividend for the year ended 31 December 2025.
To read the official announcement on the Hong Kong stock exchange, click here.
About PAX Global Technology Limited
PAX Global Technology Limited (Stock Code: 00327.HK) is a leading provider of electronic payment terminal solutions worldwide. As one of the fastest-growing suppliers in the payment industry, PAX has advanced manufacturing facilities, robust R&D capabilities, and a global network of reputable channel partners. The company has deployed 100 million payment terminals in more than 120 countries
