Earlypay Reports Lower FIU, Revises FY25 Outlook Amid Potential Corporate Changes

The latest announcement is out from EarlyPay Limited ( (AU:EPY) ).

Earlypay Limited has reported a lower-than-expected performance in its Invoice Finance Funds in Use (FIU) for the second half of the fiscal year, attributed to reduced usage by existing clients and increased attrition. Despite this, new client settlements are anticipated to bolster income in the upcoming fiscal year, while Equipment Finance FIU is experiencing steady growth. The company has successfully repaid its corporate debt, leaving it debt-free at the corporate level. However, the revised outlook for FY25 shows a decrease in the expected Underlying Earnings Per Share due to the lower FIU. Earlypay is exploring options to maximize shareholder value with surplus capital and is engaged in discussions regarding a potential change in control transaction, though no guarantees have been made.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.29 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 is a leading provider of working capital finance to Australian SMEs, offering invoice finance and equipment finance products. The company helps SMEs manage cash flow by providing early payment of invoices and supports capital expenditure through equipment finance. Since 2001, Earlypay has established a reputation for delivering reliable, flexible, and innovative financial solutions.

Average Trading Volume: 158,764

Technical Sentiment Signal: Buy

Current Market Cap: A$61.25M

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