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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 | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 54.56M | 60.54M | 25.95M | 42.51M | 46.86M | Gross Profit |
| 40.62M | 41.48M | 6.28M | 24.96M | 25.84M | EBIT |
| 26.88M | 10.40M | 25.03M | 18.80M | 16.38M | EBITDA |
| 25.66M | 9.87M | 27.32M | 22.06M | 16.68M | Net Income Common Stockholders |
| 2.45M | -7.74M | 13.22M | 7.24M | 3.67M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 40.13M | 52.99M | 52.71M | 44.77M | 38.20M | Total Assets |
| 314.04M | 360.30M | 492.83M | 376.43M | 335.98M | Total Debt |
| 236.72M | 280.36M | 293.97M | 207.41M | 185.59M | Net Debt |
| 196.59M | 227.37M | 241.26M | 162.64M | 147.39M | Total Liabilities |
| 241.43M | 286.81M | 407.74M | 317.92M | 282.59M | Stockholders Equity |
| 72.61M | 73.48M | 85.09M | 58.51M | 53.39M |
| Cash Flow | Free Cash Flow | |||
| 8.24M | 8.30M | 11.95M | 4.39M | 1.73M | Operating Cash Flow |
| 9.33M | 9.21M | 12.68M | 4.81M | 1.83M | Investing Cash Flow |
| 24.39M | 11.72M | -84.23M | -37.73M | 68.17M | Financing Cash Flow |
| -46.58M | -20.65M | 79.49M | 39.49M | -52.89M |
EarlyPay Limited Technical Analysis
EarlyPay Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$767.78M | 16.63 | 8.08% | 3.44% | 6.29% | -7.85% | |
64 Neutral | $12.66B | 9.79 | 7.67% | 17015.07% | 12.23% | -6.06% | |
55 Neutral | AU$57.16M | 33.33 | 2.31% | 1.45% | -5.36% | ― | |
| €92.66M | 7.07 | 9.12% | 9.03% | ― | ― | ||
| €132.84M | 6.28 | 7.81% | 5.60% | ― | ― | ||
41 Neutral | AU$17.43M | ― | -37.01% | ― | 32.38% | 69.11% |
EarlyPay Limited Corporate Events
Solvar Limited has acquired a 19.9% stake in Earlypay Limited, a provider of working capital finance to Australian SMEs. This strategic acquisition aligns with Solvar’s strategy to expand into underserviced markets, providing the company exposure to large commercial markets adjacent to its core operations.
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.
EarlyPay Limited, a company listed on the Australian Securities Exchange (ASX: EPY), has announced that COG Financial Services Limited (ASX: COG) has ceased to be a substantial holder in the company as of May 22, 2025. This change occurred through on-market sales totaling $12,759,796.78, affecting a total of 58,382,023 ordinary shares. The announcement indicates a significant shift in the shareholding structure of EarlyPay Limited, which could have implications for its market positioning and stakeholder dynamics.
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.
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.
Earlypay Limited has announced the cessation of Susan Healy as a director, effective April 24, 2025. Susan Healy held 101,255 fully paid ordinary shares directly and an additional 667,480 shares through Serk Investments Pty Ltd as a beneficiary of the Healy SMSF. This change in directorship may impact the company’s governance structure and could have implications for its strategic direction.
Earlypay Limited announced the resignation of Ms. Susan Healy from its Board, where she served since 2012 and contributed significantly as Chair of the Remuneration and Nomination Committee and a member of the Audit and Risk Committee. Her departure marks a transition in leadership roles, with Stephen White stepping in as the new Chair of the Remuneration and Nomination Committee, potentially impacting the company’s governance and strategic direction.
Earlypay Limited announced a correction to a typographical error in its Half Year Accounts regarding the interim dividend record date. The incorrect date of 12 March 2025 was amended to the correct date of 21 March 2025. This correction ensures accurate information for stakeholders and aligns with the details provided in the company’s previous notification to the ASX.
EarlyPay Limited has announced a new dividend distribution for its shareholders, with a payment of AUD 0.0014 per share. The dividend relates to the financial period ending December 31, 2024, and will be paid on April 4, 2025, with a record date of March 21, 2025. This announcement reflects EarlyPay’s ongoing commitment to returning value to its shareholders and may impact its market positioning by enhancing investor confidence.
EarlyPay Limited has outlined its strategic vision to capture a significant portion of the SME invoice finance market in Australia, targeting a 6% share of the estimated addressable market. The company emphasizes service and product innovation, alongside technology advancements, to enhance its market positioning and deliver value to its stakeholders.
Earlypay Limited reported a 24% increase in underlying NPAT to $2.6 million for the first half of FY25, with a 32% rise in underlying basic EPS. Despite a slight decline in net revenue, the company saw significant growth in operating cash flow and resumed growth in Funds in Use. The company is focusing on diversifying its portfolio and enhancing its invoice finance product, while also managing capital through share buy-backs and debt repayment. Looking forward, Earlypay expects continued growth in EPS and is exploring strategic initiatives for further expansion.
EarlyPay Limited reported a 4.6% decline in revenues for the half-year ending December 31, 2024, with a significant 32.8% decrease in net profit attributable to owners. However, after adjustments for non-operating and non-cash items, the adjusted profit after tax rose by 24% to $2.621 million, indicating a stronger underlying performance. The company declared a fully franked interim dividend of 0.14 cents per share, reflecting its commitment to returning value to shareholders despite the challenging financial results.