Earlypay pulls FY26 earnings guidance amid rising costs and credit losses

EarlyPay Limited ( (AU:EPY) ) has issued an announcement.

Earlypay Limited has withdrawn its FY26 earnings guidance, which had forecast earnings per share 15–20% above FY25 levels, citing evolving trading conditions and increased downside risks. The company flagged higher and longer‑lasting implementation costs for its new invoice finance loan management system, increased short‑term investment in product and distribution to drive funds-in-use growth, and elevated credit losses in its equipment finance portfolio. While funds in use remain higher than in June and net revenue margins and credit performance in invoice finance are described as robust, slower growth and utilisation in December are weighing on expectations. The board plans to issue updated earnings guidance after first-half results in late February, with management emphasising that current spending is intended to build scale, resilience and future profitability, even if the pay-off is taking longer than shareholders had hoped.

The most recent analyst rating on (AU:EPY) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

More about EarlyPay Limited

Earlypay Limited is an Australian provider of flexible working capital finance solutions to small and medium-sized enterprises, offering invoice finance, equipment finance and trade finance. Its invoice finance platform advances up to 80% of invoice value and integrates with major accounting software, while its equipment finance products allow SMEs to raise capital against unencumbered assets and manage cash flow needs.

Average Trading Volume: 153,595

Technical Sentiment Signal: Sell

Current Market Cap: A$54.36M

For detailed information about EPY stock, go to TipRanks’ Stock Analysis page.