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EarlyPay Limited Reports Mixed Financial Results for Half-Year 2024

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EarlyPay Limited Reports Mixed Financial Results for Half-Year 2024

An update from EarlyPay Limited ( (AU:EPY) ) is now available.

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.

More about EarlyPay Limited

EarlyPay Limited operates in the financial services industry, focusing on providing invoice financing and other financial solutions to businesses. The company aims to support the cash flow needs of small to medium enterprises, helping them manage their working capital efficiently.

YTD Price Performance: 10.0%

Average Trading Volume: 95,707

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$59.89M

See more data about EPY stock on TipRanks’ Stock Analysis page.

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