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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 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.95M | 5.90M | 6.04M | 7.19M | 6.39M | 6.60M |
| Gross Profit | -284.78K | -569.56K | 129.20K | 1.19M | 1.65M | 409.97M |
| EBITDA | -1.31M | -2.61M | -5.83M | -4.20M | -895.00K | -2.30M |
| Net Income | -4.79M | -9.58M | -5.95M | -4.79M | -2.61M | -4.70M |
Balance Sheet | ||||||
| Total Assets | 23.79M | 23.79M | 15.84M | 59.79M | 4.60M | 433.68M |
| Cash, Cash Equivalents and Short-Term Investments | 4.95M | 4.95M | 472.67K | 16.65M | 578.06K | 608.78K |
| Total Debt | 45.62K | 45.62K | 1.25M | 1.05M | 193.68M | 82.98M |
| Total Liabilities | 3.96M | 3.96M | 4.52M | 2.75M | 2.13M | 291.80M |
| Stockholders Equity | 19.84M | 19.84M | 11.32M | 57.04M | 17.76M | 141.87M |
Cash Flow | ||||||
| Free Cash Flow | -4.72M | -9.44M | -6.43M | -4.40M | 13.98K | -309.17K |
| Operating Cash Flow | -4.71M | -9.42M | -6.40M | -3.96M | 81.44K | -252.67K |
| Investing Cash Flow | -1.54M | -375.66K | 819.50K | -4.18M | 100.31K | -314.36K |
| Financing Cash Flow | 14.26M | 14.26M | 4.02M | 59.01M | -209.75K | 0.00 |
IOUpay Limited Peers Comparison
IOUpay Limited Corporate Events
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.
Ovanti Limited reported a 2.4% decline in revenues from ordinary activities to $5,900,177 for the year ending June 30, 2025. The company experienced a significant increase in its loss from ordinary activities after tax, which rose by 61% to $9,578,923, partly due to an impairment related to its investment in 1-Destinasi Sdn Bhd. No dividends were declared or paid during this period.
Ovanti Limited has announced the issuance of unquoted equity securities in the form of options with expiration dates set for August 22, 2028. The company is issuing a total of 75 million options at different exercise prices, which could impact its capital structure and provide potential future funding opportunities.
Ovanti Limited has issued ordinary fully paid shares without disclosure to investors, as per the Corporations Act, and confirms compliance with relevant provisions. This move is part of its strategic operations, as the company continues to expand its fintech solutions, particularly in the USA market, enhancing its industry positioning and offering potential growth opportunities for stakeholders.
Ovanti Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is set to quote 376,235,294 ordinary fully paid securities, with the issue date being August 22, 2025. This move is likely to impact Ovanti Limited’s market presence by increasing its available securities, potentially attracting more investors and enhancing its financial flexibility.
Ovanti Limited has announced the quotation of 96,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code OVT, effective August 22, 2025. This move is part of previously announced transactions and signifies a strategic step for the company, potentially impacting its market presence and offering new opportunities for stakeholders.
Ovanti Limited held an Extraordinary General Meeting where all resolutions were passed by a poll. The meeting focused on ratifying and approving the issuance of shares to sophisticated investors and specific individuals, which signals a strategic move to strengthen its financial position and support its expansion plans, particularly in the USA. This development is likely to enhance Ovanti’s market positioning and provide growth opportunities, benefiting its stakeholders.
Ovanti Limited has announced a strategic partnership with Shift4 Payments, a major U.S. payment processing company, to launch its BNPL services to over 100,000 merchants in North America. This collaboration is expected to enhance Ovanti’s market positioning by offering a unique BNPL model that uses real-time cash flow and income data, rather than traditional credit scores, to expand access to financing for U.S. consumers. The partnership signifies a significant step for Ovanti in scaling its operations in the USA, potentially transforming the BNPL landscape by addressing the needs of underserved consumers.
Ovanti Limited has appointed Peter Maher as the new CEO for its USA BNPL division, following a comprehensive search. Maher’s appointment, initially challenged by Zip Co Ltd due to non-compete clauses, is now confirmed as the legal proceedings have been withdrawn. His expertise in strategic alliances and revenue growth aligns with Ovanti’s ambitions for rapid market entry and expansion in the USA. Additionally, Ovanti is exploring a potential NASDAQ listing to capitalize on favorable market conditions, inspired by Sezzle Inc’s successful transition and significant shareholder returns.