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Beforepay Group Limited (AU:B4P)
ASX:B4P
Australian Market
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Beforepay Group Limited (B4P) AI Stock Analysis

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AU:B4P

Beforepay Group Limited

(Sydney:B4P)

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Outperform 73 (OpenAI - 4o)
Rating:73Outperform
Price Target:
AU$3.00
▲(29.87% Upside)
Beforepay Group Limited's stock is supported by strong technical indicators and reasonable valuation. Financial performance is solid, but challenges in free cash flow generation need attention. The absence of earnings call and corporate events data limits further insights.

Beforepay Group Limited (B4P) vs. iShares MSCI Australia ETF (EWA)

Beforepay Group Limited Business Overview & Revenue Model

Company DescriptionBeforepay Group Limited (B4P) is a financial technology company that specializes in providing flexible payment solutions, primarily through its 'pay-on-demand' service. The company operates in the fintech sector, focusing on helping consumers access their earned wages before their scheduled payday, thus promoting financial well-being and budgeting flexibility. B4P's core products include its mobile application and platform that enable users to request early access to their wages, along with additional features that support responsible financial management.
How the Company Makes MoneyBeforepay Group Limited generates revenue through transaction fees charged to employers for facilitating early wage access to their employees. When a user accesses a portion of their earned wages before payday, B4P typically collects a fee that is either a percentage of the accessed amount or a fixed fee. Additionally, the company may earn revenue through partnerships with employers and payroll service providers that integrate its services into their payment systems. These partnerships can lead to increased transaction volumes, enhancing B4P's revenue potential. The company also focuses on responsible lending practices, which can contribute to customer retention and long-term revenue growth.

Beforepay Group Limited Financial Statement Overview

Summary
Beforepay Group Limited demonstrates strong revenue growth and profitability improvements, with effective cost management driving high margins. The balance sheet shows a balanced leverage position, although the high debt level requires careful management. Cash flow challenges persist, with negative free cash flow highlighting potential liquidity concerns.
Income Statement
75
Positive
The company has shown a strong improvement in revenue, with a 15% growth rate from the previous year. Gross profit margin is high at 95.5%, indicating effective cost management. Net profit margin has turned positive at 10.9%, reflecting significant profitability improvements. EBIT and EBITDA margins are also positive at 28.9% and 24.9% respectively, showcasing operational efficiency gains.
Balance Sheet
68
Positive
The company maintains a debt-to-equity ratio of 1.24, which is moderate and suggests a balanced leverage position. Return on equity is 12.7%, indicating a reasonable return for shareholders. The equity ratio stands at 41.5%, reflecting a solid equity base relative to assets. However, the high total debt might pose a risk if not managed carefully.
Cash Flow
60
Neutral
Free cash flow is negative but has improved from the previous year. Operating cash flow to net income ratio is negative, indicating challenges in converting earnings to cash. The free cash flow to net income ratio is also negative, suggesting potential liquidity issues despite improved profitability.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue40.28M40.17M35.31M30.71M15.28M4.50M
Gross Profit38.64M38.62M33.73M17.47M13.41M3.08M
EBITDA11.05M11.30M8.79M-4.28M-27.17M-18.03M
Net Income6.74M6.74M3.86M-6.64M-29.14M-19.60M
Balance Sheet
Total Assets75.62M75.62M73.49M65.17M57.89M63.19M
Cash, Cash Equivalents and Short-Term Investments14.01M14.01M19.23M21.78M28.37M50.72M
Total Debt31.91M31.91M38.00M33.69M21.37M7.01M
Total Liabilities36.29M36.29M42.96M38.35M25.27M8.41M
Stockholders Equity39.33M39.33M30.53M26.83M32.63M54.78M
Cash Flow
Free Cash Flow4.79M1.34M-5.20M-18.55M-36.34M-22.08M
Operating Cash Flow4.86M4.86M-4.04M-18.53M-36.20M-21.85M
Investing Cash Flow-3.52M-3.52M-1.16M-16.71K-141.39K-228.54K
Financing Cash Flow-6.56M-6.56M2.65M11.96M54.70M30.43M

Beforepay Group Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price2.31
Price Trends
50DMA
2.18
Positive
100DMA
1.97
Positive
200DMA
1.61
Positive
Market Momentum
MACD
0.07
Positive
RSI
51.28
Neutral
STOCH
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:B4P, the sentiment is Neutral. The current price of 2.31 is below the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.18, and above the 200-day MA of 1.61, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 51.28 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:B4P.

Beforepay Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AU$123.76M17.8119.30%13.74%70.80%
$37.18B12.37-10.20%1.83%8.50%-7.62%
AU$209.01M-19.83%10.79%46.67%
AU$45.43M-60.86%24.46%24.10%
AU$87.84M-11.14%40.28%13.33%
AU$14.59M-97.38%106.21%-60.61%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:B4P
Beforepay Group Limited
2.31
0.96
71.11%
AU:DCC
DigitalX Limited
0.06
0.02
40.48%
AU:QFE
QuickFee Ltd.
0.12
0.00
0.00%
AU:WRK
Wrkr Ltd
0.14
0.08
133.33%
AU:SPX
Spenda Limited
0.01
0.00
0.00%

Beforepay Group Limited Corporate Events

Beforepay Group to Release Q1 FY26 Report and Host Investor Webinar
Oct 14, 2025

Beforepay Group Limited announced the release of its Q1 FY26 Quarterly Activities and Cash Flow Report, scheduled for 22 October 2025. The company will host a webinar on the same day, featuring CEO Jamie Twiss and CFO Laavanya Pari, who will discuss business highlights and activities. This announcement reflects Beforepay’s commitment to transparency and engagement with its investors and stakeholders.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Limited Announces Cessation of Securities
Oct 14, 2025

Beforepay Group Limited has announced the cessation of certain securities, including options and performance rights, due to either expiry or failure to meet conditional requirements. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s financial strategies and future growth prospects.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Limited Issues New Performance Rights
Oct 7, 2025

Beforepay Group Limited has announced the issuance of 436,961 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to align employee interests with corporate goals, potentially enhancing operational performance and stakeholder value.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Cheq Invest Ceases Substantial Holding in Beforepay Group
Sep 25, 2025

Cheq Invest Pty Ltd, as trustee of the Cheq Invest Unit Trust, has ceased to be a substantial holder in Beforepay Group Limited as of September 23, 2025. This change in substantial holding, involving an on-market trade of 2,437,500 ordinary shares at $1.80 per share, may impact Beforepay’s shareholder structure and influence its market positioning.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Expands with New Share Issuance
Sep 12, 2025

Beforepay Group Limited announced the issuance of 397,615 fully paid ordinary shares following the exercise of options, in compliance with the Corporations Act 2001. This strategic move reflects Beforepay’s adherence to regulatory standards and supports its operational expansion, potentially enhancing its market positioning and stakeholder value.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Limited Announces Quotation of New Securities on ASX
Sep 12, 2025

Beforepay Group Limited has announced the quotation of 397,615 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 12, 2025. This move is part of the company’s strategy to enhance liquidity and provide more investment opportunities for stakeholders, potentially strengthening its market position and operational capabilities.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Limited Announces Change in Substantial Holding
Aug 27, 2025

Beforepay Group Limited has announced that Guo Fang Mao, through Jopean Pty Ltd as trustee for the Jopean Trust, has ceased to be a substantial holder in the company as of August 26, 2025. This change in substantial holding was due to a market sale of 357,444 voting securities, valued at $724,056.02, which may impact the company’s shareholder structure and influence in the market.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Limited Reports 74% Profit Increase and Strategic Growth
Aug 26, 2025

Beforepay Group Limited reported a significant 74% increase in net profit after tax to $6.7 million for the fiscal year ending June 30, 2025, driven by higher advance volumes and improved credit quality. The company also saw a rapid acceleration in its subsidiary, Carrington Labs, with new client acquisitions and strategic partnerships, positioning it for further growth in the financial services sector.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Limited Emphasizes Governance and Diversity in 2025 Statement
Aug 26, 2025

Beforepay Group Limited has released its 2025 Corporate Governance Statement, detailing its compliance with the ASX Corporate Governance Council’s Principles and Recommendations. The company has implemented a Board Charter, diversity policy, and performance evaluation processes, emphasizing its commitment to gender diversity and effective management oversight. The announcement highlights Beforepay’s strategic focus on enhancing governance practices, which could strengthen its market position and stakeholder confidence.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group Limited Reports Strong Financial Growth in 2025
Aug 26, 2025

Beforepay Group Limited has reported a significant increase in its financial performance for the year ended 30 June 2025, with revenues rising by 13.7% to over $40 million and profits surging by 74.5% to approximately $6.7 million. This growth highlights the company’s strengthening position in the financial technology sector, although no dividends were declared during the period, indicating a potential focus on reinvestment or strategic growth initiatives.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group to Release FY25 Financial Results and Host Investor Webinar
Aug 19, 2025

Beforepay Group Limited announced it will release its FY25 financial results on 26 August 2025, accompanied by an investor webinar featuring key executives. The webinar aims to provide an overview of the company’s business activities and highlights, potentially impacting its market positioning and stakeholder engagement.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$2.15 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Beforepay Group to Release Q4 FY25 Report and Host Investor Webinar
Jul 23, 2025

Beforepay Group Limited announced its Q4 FY25 Quarterly Activities and Cash Flow Report will be released on July 29, 2025, accompanied by an investor webinar featuring CEO Jamie Twiss and Interim CFO Shreya Prakash. This announcement highlights the company’s commitment to transparency and engagement with stakeholders, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$1.75 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 22, 2025