Earlypay Ltd (ASX:EPY)

ALERT: Price-sensitive ASX Announcement for EPY

Current share price for EPY : $0.125 -0.045 (-26.47%)⁺

Announcement

Half Year Accounts

Release

26 Feb 2026 9:30AM

Price at Release

$0.170

Full Release

Summary

Earlypay Ltd reported a statutory net loss of $69,000 for the half-year ending 31 December 2025, contrasting with a profit in the previous year. The adjusted net profit, excluding non-operating expenses, stood at $1,795,000. Revenues slightly dipped by 1.0% to $26,216,000, while net tangible assets per share fell to 14.58 cents. Cash reserves at the period's end were $35,904,000, and total borrowings rose to $244,302,000. Operating expenses, excluding credit impairments, increased, reflecting ongoing financial pressures. A final dividend of 0.65 cents per share was distributed, and the company's invoice finance facility was extended. Earlypay continues to focus on servicing Australian SMEs through its financing services.

Key Points

Earlypay Ltd reported a statutory net loss after tax of $69,000 for the half-year ended 31 December 2025, compared to a profit of $1,251,000 for the previous period.
The adjusted net profit after tax, which excludes non-operating expenses, was $1,795,000, down from $2,621,000 in the previous period.
Revenues from ordinary activities decreased by 1.0% to $26,216,000.
Net tangible assets per ordinary share decreased to 14.58 cents from 15.04 cents.
Cash and cash equivalents at the end of the financial half-year were $35,904,000.
Total borrowings increased to $244,302,000 as of 31 December 2025.
Operating expenses (excluding credit impairment expense) increased to $16,983,000 from $14,854,000.
A final dividend of 0.65 cents per share was paid during the period.
The group renewed its securitised invoice finance warehouse facility, extending the availability period until March 2027.
The company maintained its focus on providing financial services to Australian SMEs through invoice and equipment financing.

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.