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Earlypay Ltd (ASX:EPY)

ALERT: Price-sensitive ASX Announcement for EPY
Current share price for EPY : $0.125 -0.08 (-39.02%)+
Announcement
Release
23 Dec 2025 9:14AM
Price at Release
$0.205
Full Release
download
Summary
On December 23, 2025, Earlypay Limited announced a trading update and the withdrawal of its FY26 earnings guidance. The initial guidance projected a 15% to 20% increase in EPS compared to FY25 but has been retracted due to evolving trading conditions and increased downside risks. Specific challenges include higher costs from implementing a new Invoice Finance loan management system, increased short-term costs from investments in product and distribution capabilities, and unexpectedly high credit loss expenses in Equipment Finance. Although the Invoice Finance Funds in Use (FIU) showed growth until November, it moderated in December. Despite these challenges, the company remains committed to building a larger, more resilient business through targeted investments, anticipating future productivity gains and long-term shareholder value. The Board plans to provide updated guidance after the half-year results in late February.
Key Points
  • Withdrawal of FY26 earnings guidance due to increased downside risks.
  • Higher costs associated with new loan management system implementation.
  • Increased short-term costs from investments in product and distribution capabilities.
  • Higher than expected credit loss expenses in Equipment Finance.
  • Moderation in Invoice Finance FIU growth in December.
  • Board plans to update earnings guidance after half-year results in late February.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.