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EarlyPay Limited
(Sydney:EPY)
EarlyPay Limited (EPY) vs. iShares MSCI Australia ETF (EWA)
EarlyPay Limited Business Overview & Revenue Model
EarlyPay Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 50.93M | 50.93M | 54.56M | 60.54M | 25.95M | 42.51M |
| Gross Profit | 36.57M | 30.08M | 40.62M | 41.48M | 6.28M | 24.96M |
| EBITDA | 23.07M | 24.32M | 25.66M | 10.47M | 27.32M | 22.06M |
| Net Income | 2.87M | 2.87M | 2.45M | -7.74M | 13.22M | 7.24M |
Balance Sheet | ||||||
| Total Assets | 314.61M | 314.61M | 314.04M | 360.30M | 492.83M | 376.43M |
| Cash, Cash Equivalents and Short-Term Investments | 37.56M | 37.56M | 40.13M | 52.99M | 52.71M | 44.77M |
| Total Debt | 236.32M | 236.32M | 236.72M | 280.36M | 293.97M | 207.41M |
| Total Liabilities | 240.56M | 240.56M | 241.43M | 286.81M | 407.74M | 317.92M |
| Stockholders Equity | 74.05M | 74.05M | 72.61M | 73.48M | 85.09M | 58.51M |
Cash Flow | ||||||
| Free Cash Flow | 9.10M | 8.79M | 8.24M | 8.30M | 11.95M | 4.39M |
| Operating Cash Flow | 9.12M | 9.12M | 9.33M | 9.21M | 12.68M | 4.81M |
| Investing Cash Flow | -9.73M | -9.73M | 24.39M | 11.72M | -84.23M | -37.73M |
| Financing Cash Flow | -1.96M | -1.96M | -46.58M | -20.65M | 79.49M | 39.49M |
EarlyPay Limited Technical Analysis
EarlyPay Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | AU$47.92M | 17.62 | 3.91% | 4.27% | -6.67% | 22.09% | |
58 Neutral | AU$92.09M | 16.27 | 15.56% | ― | 7.92% | ― | |
52 Neutral | AU$112.89M | 16.59 | 12.72% | ― | -0.51% | ― | |
42 Neutral | AU$56.27M | -6.15 | -19.44% | ― | -2.35% | 13.33% | |
42 Neutral | AU$91.28M | -1.38 | -42.59% | ― | -9.56% | -392.31% | |
38 Underperform | AU$29.80M | -8.21 | -26.29% | ― | 8.28% | 84.45% |
EarlyPay Limited Corporate Events
EarlyPay Ltd has issued an updated Appendix 3H notification to correct an error in a previous filing regarding the cessation of securities. The company clarified that its 6 January 2026 submission mistakenly double-counted share cancellations already disclosed in November 2025, and the revised document now only reflects cancellations occurring between 5 and 31 December 2025, with the number of cancelled shares amended accordingly, improving the accuracy and transparency of its issued capital reporting for investors.
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.
EarlyPay Ltd has cancelled 10,900,043 fully paid ordinary shares as part of an on-market buy-back completed on 31 December 2025, according to a notification of cessation of securities lodged with the ASX. The reduction in issued capital may enhance earnings per share and capital management efficiency, potentially improving shareholder value and signalling management’s confidence in the company’s underlying financial position.
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.
EarlyPay Ltd, listed on the ASX under the code EPY, has announced an update to its ongoing on-market share buy-back program. The current buy-back focuses on the company’s ordinary fully paid shares.
The company reported that a total of 6,078,173 shares had been repurchased prior to the previous trading day, with a further 40,321 shares bought back on the previous day, as part of a daily on-market buy-back first notified in November 2024. The continued execution of the buy-back suggests an ongoing capital management strategy that may support earnings per share and signal management’s confidence in the company’s valuation to shareholders and the market.
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.
Earlypay Ltd has provided an updated daily notification on its ongoing on-market share buy-back program for its ordinary fully paid shares (EPY) on the ASX. As of 31 December 2025, the company reported that it has repurchased a cumulative total of 6,074,020 shares prior to the previous trading day and bought back a further 4,153 shares on the previous day, signalling continued execution of its capital management strategy and potential implications for earnings per share and shareholder value.
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.
EarlyPay Ltd, listed on the ASX under the code EPY, has an on-market share buy-back in place for its ordinary fully paid shares.
The company has updated the market with a daily notification showing that it repurchased 1,976,077 shares on the previous trading day, bringing the total number of shares bought back under the current program to 4,097,943, as part of its ongoing capital management strategy.
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.
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.
EarlyPay Limited has announced an update on its ongoing share buy-back program, with a total of 77,528 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 7,865,596 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, potentially impacting its market positioning by signaling confidence in its financial health.
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.
EarlyPay Limited has announced an update regarding its ongoing share buy-back program, with a total of 541,711 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 7,323,885 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
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.
EarlyPay Limited has announced an update on its ongoing on-market buy-back program, with a total of 247,998 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 7,075,887 securities. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
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.
Earlypay Limited has issued 20,000 fully paid ordinary shares following the exercise of performance rights under its Employee Incentive Scheme. This move, executed without the need for investor disclosure under specific provisions of the Corporations Act, highlights Earlypay’s compliance with regulatory requirements and its commitment to enhancing employee engagement and motivation through equity incentives.
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.
Earlypay Limited held its Annual General Meeting on November 27, 2025, where key resolutions were voted on. The adoption of the Remuneration Report and the re-election of Mr. Geoffrey Sam as a Director were both carried with significant support. Resolutions regarding the granting of performance rights and a 10% placement facility were withdrawn prior to the meeting. These outcomes reflect Earlypay’s ongoing governance and strategic decisions, impacting its operational and leadership structure.
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.
EarlyPay Limited announced a significant increase in profit growth and margin expansion for FY25, with an underlying NPAT of $5.1 million, marking a 24% increase from the previous year. The company also reported a notable improvement in credit loss expense, which decreased by 53%, and a substantial increase in total full-year dividends by 527%, indicating a strong financial performance and readiness for future growth.
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.
Earlypay Limited has announced a successful fiscal year 2025, marked by a return to profitability, higher margins, and a more efficient balance sheet. The company is investing in growth, enhancing its product suite, and expanding its market reach. Key achievements include a 30% growth in earnings per share, improved revenue margins, and strong cash flow. Earlypay is also advancing its technological capabilities by migrating customers to a new loan-management platform and pursuing ISO accreditations. The company remains focused on delivering long-term shareholder value through strategic investments and operational efficiencies.
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.
EarlyPay Limited has announced the cessation of 4,781,549 ordinary fully paid securities due to an on-market buy-back, effective November 21, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market positioning by reducing the number of outstanding shares, which could benefit existing shareholders.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on their ongoing on-market buy-back program for their ordinary fully paid securities, with the ASX security code EPY. As of November 24, 2025, the company has bought back a total of 6,996,688 securities, with an additional 79,199 securities bought back on the previous day. This buy-back program is part of EarlyPay’s strategic financial management, potentially impacting its market positioning by reducing the number of shares available in the market, which could enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an extension of its current on-market share buy-back program. The company plans to commence the extended buy-back on November 24, 2025, allowing for the repurchase of up to 10 percent of its fully paid ordinary shares over a period not exceeding 12 months. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
Earlypay Limited has announced the extension of its on-market buyback program for an additional 12 months, allowing the company to repurchase up to 10% of its ordinary shares. This move is part of Earlypay’s capital management strategy, aiming to optimize its operational and cash requirements while enhancing shareholder value. The buyback will be conducted within the legal limits without needing shareholder approval, and the shares acquired will be cancelled, potentially impacting the company’s share capital structure.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 6,996,688 securities, including 690,360 on the previous day. This buy-back initiative is part of EarlyPay’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update regarding its ongoing on-market buy-back program. The company reported that a total of 467,313 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 5,839,015 securities acquired before that day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 5,784,061 ordinary fully paid securities have been bought back prior to the previous day, with an additional 54,954 securities acquired on the previous day. This buy-back initiative is part of EarlyPay’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing share buy-back program, reporting a total of 5,716,762 securities bought back before the previous day and an additional 67,299 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, which may positively impact its market positioning and investor confidence.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 5,368,771 securities prior to the previous day, with an additional 347,991 securities repurchased on the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update regarding its ongoing on-market buy-back of its ordinary fully paid securities. As of November 14, 2025, the company has bought back a total of 5,368,771 securities, including 51,870 on the previous day. This buy-back initiative may impact the company’s share value and market perception, potentially benefiting shareholders by reducing the number of shares outstanding.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing buy-back program, revealing that a total of 5,094,242 securities have been bought back prior to the previous day, with an additional 222,659 securities acquired on the last trading day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing on-market buy-back program, with a total of 200,000 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 4,894,242 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares, which could positively impact earnings per share and market perception.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing on-market buy-back program, detailing the acquisition of 287,497 ordinary fully paid securities on the previous day. This buy-back initiative, which began on November 1, 2024, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited, a company listed on the Australian Securities Exchange under the code EPY, has announced an update on its ongoing on-market buy-back program. As of November 4, 2025, the company has repurchased a total of 3,656,826 ordinary fully paid securities, with 176,178 securities bought back on the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing share buy-back program, reporting the repurchase of 67,257 ordinary fully paid securities on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update regarding its ongoing on-market buy-back program of its ordinary fully paid securities. As of October 30, 2025, the company has bought back a total of 3,589,569 securities, with 221,046 purchased on the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited, listed under ASX code EPY, has announced an update regarding its ongoing share buy-back program. On October 29, 2025, the company reported the repurchase of 164,856 ordinary fully paid securities, adding to the total of 3,203,667 securities bought back prior to the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities, identified by the ASX security code EPY. The company reported that as of the previous day, a total of 2,848,772 securities had been bought back, with an additional 354,895 securities acquired on the latest day of reporting. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced that its Annual General Meeting (AGM) will be held virtually on November 27, 2025, at 10:00 AM AEDT. Shareholders are encouraged to register in advance and submit their proxies early to participate in the meeting, which will include a poll on proposed resolutions and opportunities for shareholders to ask questions. This virtual format reflects the company’s commitment to accessibility and engagement with its stakeholders, ensuring that shareholders can participate fully regardless of location.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update regarding its ongoing buy-back of ordinary fully paid securities, trading under the ASX code EPY. The company reported that as of October 27, 2025, it has repurchased a total of 2,648,772 securities, with an additional 200,000 securities bought back the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update regarding its ongoing on-market buy-back program. As of October 21, 2025, the company has repurchased a total of 2,314,997 ordinary fully paid securities, with an additional 133,775 securities bought back on the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 2,314,997 securities, with 7,933 purchased on the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and enhance shareholder value, reflecting a commitment to optimizing its financial operations and market positioning.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 2,307,064 ordinary fully paid securities have been bought back, including 10,000 on the previous day. This buy-back program is part of EarlyPay’s strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial health and future prospects.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.
EarlyPay Limited has announced an update on its ongoing share buy-back program, with a total of 2,294,338 securities bought back before the previous day and an additional 2,726 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting a commitment to returning capital to shareholders and potentially improving earnings per share.
The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.