EarlyPay Limited (EPY) AI Stock Analysis

• Market Cap: AU$57.16M
• Dividend Yield: 3.76%
• Average Volume (3M): 161.54K
• Price to Earnings (P/E): 20.0
• Beta (1Y): 0.82
• Revenue Growth: -6.67%
• EPS Growth: 22.09%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): <0.01
• Shares Outstanding: 272,209,100
• 10 Day Avg. Volume: 181,084
• 30 Day Avg. Volume: 161,537
• PEG Ratio: 0.79
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 1.04
• P/FCF Ratio: 6.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.30
• Price Target Upside: 42.86% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

EarlyPay Limited's overall stock score reflects a balance of strong operational efficiency and stable technical indicators, offset by challenges in revenue growth and high leverage. The stock's valuation is reasonable, with a moderate P/E ratio and an attractive dividend yield. The absence of earnings call data and corporate events does not impact the score.

EarlyPay Limited Business Overview & Revenue Model

Company Description

Earlypay Limited offers financial solutions to businesses in Australia. It operates through Invoice Finance, Equipment Finance, and Other Services segments. The company offers invoice factoring and discounting, and clean energy finance services, as well as business line of credit. It also provides equipment finance services for old and new equipment, such as sale back of owned or partially owned equipment, private sales, and mid-term financing. In addition, the company offers employment solutions comprising labor sourcing and project management; and trade finance services. Further, it operates Skippr, an online platform that provides finance solutions to SME's. The company was formerly known as CML Group Limited and changed its name to Earlypay Limited in November 2020. Earlypay Limited was incorporated in 2001 and is based in North Sydney, Australia.

How the Company Makes Money

EarlyPay Limited makes money primarily through fee-based revenue generated from its invoice financing services. The company charges its clients a service fee, which is typically a percentage of the invoice value, for advancing funds against unpaid invoices. Key revenue streams include fees from invoice factoring, where EarlyPay purchases the invoices at a discount, and invoice discounting, where businesses retain control over their sales ledger but receive financing based on outstanding invoices. EarlyPay may also earn interest on the funds advanced to clients and could have significant partnerships with financial institutions to manage funding requirements. The company's earnings are influenced by the volume of invoices financed and the structure of their fee agreements.

EarlyPay Limited Financial Statement Overview

Summary

EarlyPay Limited demonstrates strong operational efficiency with high EBIT and EBITDA margins, but faces challenges with revenue growth and high leverage. The balance sheet reflects significant debt levels, which could impact financial flexibility. Cash flow generation is relatively stable, but recent declines in free cash flow growth warrant attention. The company should focus on improving revenue growth and managing leverage to enhance financial health.

Income Statement

EarlyPay Limited has shown a mixed performance in its income statement. The company has a strong EBIT margin of 41.35% and an EBITDA margin of 47.76% for the latest year, indicating efficient operational management. However, the net profit margin is relatively low at 5.63%, and there is a concerning negative revenue growth rate of -4.41%. This suggests challenges in maintaining revenue levels, which could impact future profitability.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 3.19, indicating significant leverage, which poses a risk in terms of financial stability. The return on equity is modest at 3.87%, reflecting limited profitability relative to shareholder equity. The equity ratio stands at 23.54%, suggesting a moderate level of equity financing relative to total assets.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by -29.70%, which is concerning. However, the company maintains a strong free cash flow to net income ratio of 0.96, indicating good cash generation relative to net income. The operating cash flow to net income ratio is low at 0.065, suggesting potential challenges in converting income into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	50.93M	50.93M	54.56M	60.54M	25.95M	42.51M
Gross Profit	36.57M	30.08M	40.62M	41.48M	6.28M	24.96M
EBITDA	23.07M	24.32M	25.66M	9.87M	27.32M	22.06M
Net Income	2.87M	2.87M	2.45M	-7.74M	13.22M	7.24M
Balance Sheet
Total Assets	314.61M	314.61M	314.04M	360.30M	492.83M	376.43M
Cash, Cash Equivalents and Short-Term Investments	37.56M	37.56M	40.13M	52.99M	52.71M	44.77M
Total Debt	236.32M	236.32M	236.72M	280.36M	293.97M	207.41M
Total Liabilities	240.56M	240.56M	241.43M	286.81M	407.74M	317.92M
Stockholders Equity	74.05M	74.05M	72.61M	73.48M	85.09M	58.51M
Cash Flow
Free Cash Flow	9.10M	8.79M	8.24M	8.30M	11.95M	4.39M
Operating Cash Flow	9.12M	9.12M	9.33M	9.21M	12.68M	4.81M
Investing Cash Flow	-9.73M	-9.73M	24.39M	11.72M	-84.23M	-37.73M
Financing Cash Flow	-1.96M	-1.96M	-46.58M	-20.65M	79.49M	39.49M

EarlyPay Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.21
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EPY, the sentiment is Positive. The current price of 0.21 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.20, and above the 200-day MA of 0.20, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.71 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EPY.

EarlyPay Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPY	65 Neutral	AU$57.16M	20.00	3.91%	3.76%	-6.67%	22.09%
HMY	60 Neutral	94.69M	16.82	―	―	7.92%	―
MME	53 Neutral	96.01M	-1.44	―	―	-9.56%	-392.31%
BTN	47 Neutral	41.79M	-11.58	―	―	8.28%	84.45%
WZR	46 Neutral	47.85M	-6.54	―	―	-2.35%	13.33%
PNC	42 Neutral	92.22M	13.46	―	―	-0.51%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

EarlyPay Limited Corporate Events

EarlyPay Limited Updates on Share Buy-Back Program

EarlyPay Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 250,000 ordinary fully paid securities were repurchased on the previous day, adding to the 630,915 securities bought back before that. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure effectively, which could potentially enhance shareholder value and reflect confidence in the company’s financial health.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Updates on Share Buy-Back Program

EarlyPay Limited has announced an update on its ongoing on-market share buy-back program. As of September 4, 2025, the company has repurchased a total of 630,915 ordinary fully paid securities, with 40 securities bought back on the previous day. This buy-back initiative is part of EarlyPay’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial position and future prospects.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Updates on Securities Buy-Back Program

EarlyPay Limited has announced an update on its ongoing on-market buy-back program, reporting the acquisition of 62,232 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 568,643. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Updates on Ongoing Buy-Back Program

EarlyPay Limited has announced an update regarding its ongoing on-market buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 437,728 securities on the previous day, contributing to an overall buy-back total of 130,915 securities before the previous day. This buy-back initiative is part of EarlyPay’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Updates on Daily Buy-Back Activity

EarlyPay Limited has announced an update regarding its on-market buy-back program, specifically detailing the daily buy-back of its ordinary fully paid securities. The company reported that 103,863 securities were bought back on the previous day, marking the continuation of its buy-back initiative initially notified on November 1, 2024. This move is part of EarlyPay’s strategic efforts to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial stability.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Releases 2025 Corporate Governance Statement

EarlyPay Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, demonstrating their commitment to transparency and accountability. This disclosure is crucial for stakeholders as it highlights the company’s governance practices and compliance with regulatory standards, potentially impacting investor confidence and corporate reputation.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Announces New Dividend Distribution

EarlyPay Limited has announced a new dividend distribution for its shareholders, with a payment of AUD 0.0065 per share. The dividend relates to the six-month period ending on June 30, 2025, and will be paid on September 26, 2025. This announcement reflects EarlyPay’s ongoing commitment to delivering value to its shareholders and could potentially enhance its market positioning by demonstrating financial stability and shareholder returns.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Targets Growth in SME Invoice Finance Market

EarlyPay Limited has announced its FY25 results, highlighting its strategic focus on capturing a significant share of the SME invoice finance market in Australia. The company is targeting approximately 6% of the estimated addressable market, emphasizing service and product innovation, technology advancement, and strong values such as positivity, growth, respect, collaboration, integrity, and accountability. This strategic positioning is expected to enhance EarlyPay’s market presence and offer valuable solutions to SMEs, potentially impacting stakeholders positively.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

Earlypay Limited Reports Strong FY25 Financial Performance and Strategic Growth Initiatives

Earlypay Limited reported a 24% increase in underlying NPAT to $5.1 million for FY25, with a strong focus on improving credit performance and expanding its equipment finance portfolio. The company is actively working on technology consolidation to streamline operations and enhance innovation, while maintaining a robust capital position and declaring a fully franked final dividend. The strategic rebalancing towards a diversified portfolio and improved risk management have resulted in a significant reduction in credit loss expenses, providing flexibility for future growth.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

EarlyPay Limited Reports Increased Profit Despite Revenue Decline

EarlyPay Limited reported a 6.7% decrease in revenue to $50.9 million for the year ending June 2025, but saw a significant 31% increase in net profit after tax to $2.87 million. The adjusted profit after tax, which accounts for non-cash expenses and other non-recurring items, rose by 23.7% to $5.12 million. The company’s financial performance was impacted by adjustments related to amortization, restructuring costs, and tax adjustments. Despite the revenue decline, the company’s profitability has improved, reflecting a positive adjustment in its financial management and operational efficiency.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.