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IOUpay Limited
(Sydney:OVT)
IOUpay Limited (OVT) vs. iShares MSCI Australia ETF (EWA)
IOUpay Limited Business Overview & Revenue Model
IOUpay Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.95M | 5.90M | 6.04M | 9.49M | 8.40M | 7.19M |
| Gross Profit | -284.78K | -569.56K | 129.20K | 2.53M | 2.38M | 1.19M |
| EBITDA | -1.31M | -2.61M | -5.83M | -35.65M | -9.45M | -4.20M |
| Net Income | -4.79M | -9.58M | -5.95M | -36.34M | -10.02M | -4.79M |
Balance Sheet | ||||||
| Total Assets | 23.79M | 23.79M | 15.84M | 18.13M | 51.74M | 59.79M |
| Cash, Cash Equivalents and Short-Term Investments | 4.95M | 4.95M | 472.67K | 2.04M | 5.86M | 16.65M |
| Total Debt | 45.62K | 45.62K | 1.25M | 2.63M | 1.02M | 1.05M |
| Total Liabilities | 3.96M | 3.96M | 4.52M | 6.30M | 3.48M | 2.75M |
| Stockholders Equity | 19.84M | 19.84M | 11.32M | 11.83M | 48.25M | 57.04M |
Cash Flow | ||||||
| Free Cash Flow | -4.72M | -9.44M | -6.43M | -6.59M | -21.77M | -4.40M |
| Operating Cash Flow | -4.71M | -9.42M | -6.40M | -6.34M | -21.22M | -3.96M |
| Investing Cash Flow | -1.54M | -375.66K | 819.50K | -989.65K | -23.88M | -4.18M |
| Financing Cash Flow | 14.26M | 14.26M | 4.02M | 3.51M | -19.98K | 59.01M |
IOUpay Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | AU$119.66M | 28.57 | 5.74% | ― | 11.72% | ― | |
57 Neutral | AU$118.15M | 101.85 | 4.26% | ― | 11.90% | 42.11% | |
45 Neutral | AU$7.51M | -8.33 | -76.21% | ― | 106.54% | 74.33% | |
37 Underperform | AU$16.55M | -2.04 | -61.51% | ― | -2.50% | 23.44% |
IOUpay Limited Corporate Events
Ovanti Limited has announced a significant strategic move by executing a Letter of Intent with Miluna Acquisition Corp, a Nasdaq-listed SPAC, to list its U.S. BNPL subsidiary, Ovanti US, as a standalone entity on Nasdaq. The transaction values Ovanti US at $300 million, with Ovanti retaining majority control. This move is expected to enhance Ovanti’s market positioning and provide substantial value to its shareholders, with the potential to significantly impact its operations and industry standing.
Ovanti Limited held its Annual General Meeting where all resolutions were decided by a poll. Key outcomes included the re-election of directors and the ratification of prior share issues, with most resolutions carried except for the approval of related party participation in a tranche 2 placement. This meeting’s results reflect Ovanti’s ongoing governance and strategic decisions, impacting its operational focus and shareholder relations.
IOUpay Limited has announced a strategic initiative aimed at reaching over 150 million Americans who primarily use debit cards and are excluded from traditional Buy Now, Pay Later (BNPL) and credit models due to the FICO credit-scoring system. The company aims to achieve $1.8 billion in Total Transaction Value (TTV) within 24 months by capturing a small percentage of the serviceable available market, potentially enhancing its market position and offering new opportunities for stakeholders.
Ovanti Limited has announced significant developments in its U.S. operations, including the appointment of a new CEO, Peter Maher, and a strategic partnership with Shift4 Payments Inc. This partnership will enable Ovanti to distribute its BNPL services to over 100,000 merchants in North America, enhancing its market penetration. Additionally, Ovanti has strengthened its executive team with key hires to support its U.S. expansion, positioning the company to offer competitive BNPL solutions and potentially increase its market share by providing wider access to financing for consumers.
Ovanti Limited, a company listed on the Australian Securities Exchange, has announced its Annual General Meeting (AGM) for shareholders, scheduled to be held on November 27, 2025, in Sydney. The company will not send physical copies of the meeting notice unless requested, and shareholders can access the notice online. Shareholders unable to attend the meeting in person can participate by voting online or submitting proxy forms in advance. The company will provide updates on any changes to the meeting arrangements via announcements on the ASX and its website.
Ovanti Limited is leveraging its participation at the Money20/20 fintech conference in Las Vegas to finalize major commercial partnerships for its U.S. Buy Now, Pay Later (BNPL) business. The event provides a strategic platform for Ovanti to engage with key industry players, including Mastercard and Checkout.com, aiming to execute numerous commercial agreements. This initiative is expected to enhance Ovanti’s market positioning in the U.S. fintech landscape, offering a competitive edge with its unique BNPL model that bypasses traditional FICO score limitations, thus allowing greater market penetration.
Ovanti Limited has announced the issuance of unquoted equity securities, specifically 60 million unlisted options with an exercise price of $0.013, set to expire on October 15, 2028. This move is part of a previously announced transaction, reflecting the company’s strategic financial maneuvers to potentially strengthen its capital structure and market positioning.
Ovanti Limited has issued ordinary fully paid shares without disclosure to investors, as per the Corporations Act. This move complies with relevant provisions and does not contain any undisclosed information that would typically be expected in a disclosure document. The issuance of shares is part of Ovanti’s strategy to enhance its market operations, particularly as it expands its fintech and digital commerce solutions into new regions like the USA, leveraging its established expertise in servicing large banking clients.
Ovanti Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company will be quoting 769,230,769 ordinary fully paid securities, which are part of a transaction previously announced to the market. This move is expected to enhance Ovanti Limited’s market presence and provide additional liquidity for its securities, potentially impacting its operational strategies and stakeholder interests.
Ovanti Limited has announced a proposed issue of 461,538,461 ordinary fully paid securities, with the issuance date set for December 2, 2025. This move is part of a placement or other type of issue, and the company has applied for the quotation of these securities on the Australian Securities Exchange (ASX). The announcement suggests a strategic effort to raise capital, which could impact Ovanti Limited’s market positioning and stakeholder interests by potentially increasing liquidity and expanding its shareholder base.
Ovanti Limited has announced a proposed issue of securities, including 60,000,000 unlisted options and 769,230,769 ordinary fully paid shares, with a proposed issue date of October 14, 2025. This strategic move aims to enhance the company’s capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
Ovanti Limited has successfully raised $8 million through a placement of shares to fund its U.S. BNPL business expansion and strategic partnerships. A significant development is its three-year sponsorship agreement with Speedway Motorsports, which will provide Ovanti with extensive brand exposure as the official e-commerce and BNPL partner for NASCAR events. This partnership, along with the capital raise, positions Ovanti to enhance its market presence and secure further merchant agreements in the competitive BNPL landscape.
Ovanti Limited has announced the release of 6,000,000 fully paid ordinary shares from voluntary escrow, effective on 14 October 2025. This move is part of the company’s strategic efforts to enhance liquidity and market presence, as it continues to expand its fintech and digital commerce solutions, particularly focusing on the USA market for its buy now, pay later services.
Ovanti Limited has released its Corporate Governance Statement for the financial year ending June 30, 2025, highlighting its compliance with the ASX Corporate Governance Principles and Recommendations. The company has adopted a comprehensive set of governance policies, including a Board Charter and various committee charters, to ensure effective management and oversight. The Board is committed to maintaining a governance framework that is practical and cost-effective, with plans to expand governance structures as the company grows. This announcement underscores Ovanti’s dedication to transparency and accountability, which is crucial for its stakeholders and market positioning.
Ovanti Limited has announced a proposed issue of 50 million unlisted options, exercisable at $0.015 per option and expiring one year from the issue date, as part of a placement or other type of issue. This move is aimed at raising capital, potentially impacting the company’s financial position and market activities, and may influence stakeholder interests depending on the uptake and market response.
Ovanti Limited is advancing its strategy to list on the U.S. NASDAQ through a dual-listing or a Special Purpose Acquisition Company (SPAC) transaction, aiming to enhance shareholder value. The company has engaged with multiple SPACs and amended its advisory agreement with EAS Advisors LLC to facilitate this process, highlighting the potential for significant valuation uplift and increased capital market support.