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IOUpay Limited (OVT) AI Stock Analysis
IOUpay Limited
(ASX:OVT)
The overall score is driven primarily by very weak financial performance marked by recurring losses, heavy cash burn, and a deteriorating capital base, indicating high fundamental risk for shareholders. Secondary factors slightly influence the score, with limited and unsupportive technical data and a loss-driven valuation profile that offers no dividend or earnings underpinning.
IOUpay Limited (OVT) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 1.23M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -0.0
- Beta (1Y)
- -2.87
- Revenue Growth
- -60.21%
- EPS Growth
- 50.10%
- Country
- Australia
- Employees
- 8
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Infrastructure
IOUpay Limited Business Overview & Revenue Model
Company Description
Ovanti Ltd, an Australian financial technology firm, specializes in developing digital commerce software platforms. These solutions are engineered to facilitate secure client authentication and seamlessly manage banking, retail, and payment transacti...
How the Company Makes Money
IOUpay Limited’s revenue model is based on monetising payment transactions and related fintech services delivered through its platforms and merchant network. Key revenue streams typically include: (1) transaction-based fees earned from processing pay...
IOUpay Limited Financial Statement Overview
Summary
Financial performance is extremely weak, with shrinking revenue, large recurring net losses, persistent operating and free cash flow deficits, and erosion of equity and assets; low debt is a minor positive but does not offset the high financial risk.
Income Statement
12Very NegativeBalance Sheet
34NegativeCash Flow
9Very Negative| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.34M | 2.34M | 5.90M | 6.04M | 9.49M | 8.40M |
| Gross Profit | -1.48M | -928.66K | -569.56K | 129.20K | 2.53M | 2.38M |
| EBITDA | -17.83M | -17.83M | -2.61M | -5.83M | -35.65M | -9.45M |
| Net Income | -20.08M | -23.94M | -9.58M | -5.95M | -36.34M | -10.02M |
Balance Sheet | ||||||
| Total Assets | 16.02M | 16.02M | 23.79M | 15.84M | 18.13M | 51.74M |
| Cash, Cash Equivalents and Short-Term Investments | 292.53K | 292.53K | 4.95M | 472.67K | 2.04M | 5.86M |
| Total Debt | 56.20K | 56.20K | 45.62K | 1.25M | 2.63M | 1.02M |
| Total Liabilities | 2.85M | 2.85M | 3.96M | 4.52M | 6.30M | 3.48M |
| Stockholders Equity | 13.17M | 13.17M | 19.84M | 11.32M | 11.83M | 48.25M |
Cash Flow | ||||||
| Free Cash Flow | -20.86M | -20.86M | -9.44M | -6.43M | -6.59M | -21.77M |
| Operating Cash Flow | -20.86M | -20.86M | -9.42M | -6.40M | -6.34M | -21.22M |
| Investing Cash Flow | -217.39K | -217.39K | -375.66K | 819.50K | -989.65K | -23.88M |
| Financing Cash Flow | 16.43M | 16.43M | 14.26M | 4.02M | 3.51M | -19.98K |
IOUpay Limited Peers Comparison
Overall Rating
AU:CCA70Outperform
AU:CCR67Neutral
AU:EML45Neutral
AU:IFG42Neutral
AU:AI140Underperform
AU:OVT39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 70Outperform | AUD 30.38M | 37.33 | 6.26% | ― | 15.94% | ― | |
| 67Neutral | AUD 70.46M | 16.28 | 5.40% | ― | 28.01% | 2.38% | |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| 45Neutral | AUD 84.12M | -4.24 | -14.16% | ― | -6.74% | 64.64% | |
| 42Neutral | AUD 4.29M | -0.37 | 677.52% | ― | -1.65% | 16.81% | |
| 40Underperform | AUD 91.84M | -8.13 | -14.07% | ― | 29.91% | 56.10% | |
| 39Underperform | AUD 2.00M | -0.03 | -122.17% | ― | -60.21% | 50.10% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:OVT | IOUpay Limited | 0.01 | 0.00 | 0.00% | |
| AU:CCA | Change Financial Ltd | 0.04 | -0.03 | -40.54% | |
| AU:EML | EML Payments Ltd. | 0.21 | -0.74 | -77.49% | |
| AU:CCR | Credit Clear Limited | 0.14 | -0.14 | -50.88% | |
| AU:AI1 | DC Two Ltd. | 0.08 | 0.01 | 11.43% | |
| AU:IFG | Frugl Group Limited | 0.01 | 0.00 | 0.00% |
IOUpay Limited Corporate Events
Ovanti Seeks ASX Quotation for 34.8 Million New Shares
Ovanti Limited has applied to the ASX for quotation of 34,776,791 new fully paid ordinary shares under the code OVT, with an issue date of 4 September 2026. The securities arise from previously announced transactions, and their quotation will expand...
Ovanti Raises $69,554 in Entitlement Offer, Leaves Large Shortfall Capacity
Ovanti Limited has raised approximately $69,554 through a 1-for-1 non-renounceable entitlement offer to eligible shareholders, resulting in applications for 34,776,791 new shares, including a substantial portion taken up via the top-up facility. The...
Ovanti Posts Steep Loss as Revenue Slumps in Unaudited 2026 Results
Ovanti Limited has reported a sharp deterioration in its financial performance for the year ended 30 June 2026, with revenue from ordinary activities falling 60.3% to $2.34 million. The loss attributable to owners widened by 149.9% to $23.94 million,...
Ovanti maps out Asia-wide strategy for borderless digital finance
Ovanti Limited (ASX: OVT) operates in the fintech and digital infrastructure sector, focusing on building trust-based, programmable financial rails across Asia’s fastest-growing markets. Its portfolio spans Southeast, South, and Central Asia, o...
Ovanti Launches A$2.3m Entitlement Offer to Fund Fintech Expansion
Ovanti Limited has opened a 1-for-1 non-renounceable entitlement offer to raise about A$2.293 million at an issue price of $0.002 per share, with offer documents now dispatched to eligible and ineligible shareholders. The offer, which provides existi...
Ovanti quits global BNPL to cut costs and double down on Asian payments unit
Ovanti Limited has completed a strategic review and will exit buy now, pay later operations globally, abandoning previously flagged relaunch plans for IOUPAY and myIOU in Asia. The U.S. BNPL subsidiary remains in Chapter 7 bankruptcy, and no further...
Ovanti launches $2.3m pro rata entitlement offer to fund fintech expansion
Ovanti Limited has launched a 1-for-1 non-renounceable entitlement offer to eligible shareholders, seeking to raise up to $2.293 million by issuing as many as 1,146,897,274 new fully paid ordinary shares at $0.002 per share. The new shares will rank...
Ovanti plans major non-renounceable pro rata share issue
Ovanti Limited has announced a proposed non-renounceable pro rata offer of up to 1,146,897,274 ordinary fully paid shares to existing shareholders. The new securities are scheduled around an ex date of 18 August 2026, a record date of 19 August 2026,...
Ovanti launches discounted 1-for-1 entitlement offer to raise A$2.3m
Ovanti Limited has launched a 1-for-1 non-renounceable entitlement offer to raise up to A$2.293 million by issuing as many as 1.15 billion new shares at A$0.002 each, a 33.3% discount to the last closing price. The offer is open to eligible sharehold...
Ovanti Plans Major Share Placement to Raise New Capital
Ovanti Limited has notified the ASX of a proposed placement involving up to 500 million new ordinary fully paid shares. The securities are intended to be quoted on the exchange once issued, with the proposed issue date set for 18 August 2026.The subs...
Ovanti Secures $1m Capital Raise to Support Fintech Growth
Ovanti Limited has received firm commitments to raise approximately $1 million before costs through a two-tranche placement of 500 million fully paid ordinary shares at $0.002 per share. The first tranche of about $299,000 will be completed under the...
Ovanti switches share registry provider as it expands fintech footprint
Ovanti Limited, a fintech and digital commerce software company serving banks, telcos and corporates in Southeast Asia and expanding globally into BNPL and other fintech solutions, leverages its mobile-centric technology to integrate digital payments...
Ovanti raises capital and pushes into digital banking and prediction markets
Ovanti Limited has strengthened its balance sheet and growth plans with the completion of a $5.27 million equity placement, supporting its push to build a broader fintech ecosystem in Asia. The company is expanding beyond its established payments and...
Ovanti to Issue 4 Million New Unquoted Options
Ovanti Limited has notified the market of the planned issue of 4,000,000 unquoted options, forming a new class of unlisted securities to be confirmed by code. The options are scheduled to be issued on 25 June 2026, signaling an expansion of the compa...
Ovanti seeks ASX quotation for 520 million long‑dated options
Ovanti Limited has lodged an application with the ASX for quotation of a large tranche of options, seeking to have 520,339,654 options expiring on 7 May 2030 quoted under the security code OVTO. The issuance, dated 25 June 2026 and linked to a previo...
Ovanti shareholders back capital-raising resolutions at extraordinary meeting
Ovanti Limited informed shareholders that it convened an Extraordinary General Meeting in Sydney on 18 June 2026, with all resolutions determined by poll. The company reported that each resolution relating to the ratification of prior share issues an...
Ovanti Seeks ASX Quotation for 8,232 New Ordinary Shares
Ovanti Limited has applied for quotation on the ASX of 8,232 ordinary fully paid shares, to be issued on 9 June 2026, under its ticker OVT. The modest size of the new share issuance suggests a routine capital or corporate action, with limited immedia...
Ovanti seals exclusive Yuno.trade deal to power regulated prediction markets in Asia
Ovanti Limited has entered an exclusive partnership with prediction market platform Yuno.trade, founded by former Binance executives and top Polymarket traders, to become its sole global payment processor and embedded technology infrastructure partne...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 06, 2026