EarlyPay Limited ( (AU:EPY) ) just unveiled an update.
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.
More about EarlyPay Limited
Earlypay Limited operates in the financial services industry, primarily offering invoice finance, equipment finance, and trade finance solutions. The company focuses on providing diversified financial products with a core emphasis on invoice and equipment finance, while actively reducing its exposure to trade finance.
YTD Price Performance: 10.0%
Average Trading Volume: 95,707
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$59.89M
Learn more about EPY stock on TipRanks’ Stock Analysis page.