Earlypay Ltd

  • IPO date:
  • Sector: Financial Services
  • GIC Group: Financial Services
  • Industry: Credit Services
  • Company website

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.

Financial highlights

Market Capitalization$68.1332 million
P/E Ratio0
P/E Growth Ratio
Book Value0.253
Dividend Per Share0
Earnings Per Share-0.03
EBITDA11,076.667
Profit Margin-0.1268
Operating Margin TTM0.1793
Return on Assets TTM0.0184
Return on Equity TTM-0.0977
Revenue TTM61,096

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-06-30 27,092 597 26,495
2017-06-30 39,834 8,509 31,325
2018-06-30 48,214 1,566 48,214
2019-06-30 47,461 1,463 47,461 28,441
2020-06-30 46,863 1,463 46,863 31,129
2021-06-30 42,514 1,922 42,514 25,062
2022-06-30 25,955 2,878 25,955 28,769
2023-06-30 61,096 2,938 58,158

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-06-30 14,142
2016-06-30 14,738 156,521 141,986 76,973 16,045
2017-06-30 14,927 161,464 145,049 2,849 72,959 16,711
2018-06-30 15,678 260,606 220,432 82,798 44,166 39,787
2019-06-30 21,082 251,148 206,349 68,513 44,505 39,954
2020-06-30 38,197 335,983 282,593 62,945 121,858 47,727
2021-06-30 44,770 376,430 317,917 113,486 93,407 52,773
2022-06-30 52,707 492,830 407,735 143,278 150,584 73,470
2023-06-30 52,986 360,299 286,815 1,472 141,643 74,702

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-06-30 -37,827 1,136 15,278 470
2017-06-30 2,529 4,599 -351 15,278 14,927 1,315
2018-06-30 3,186 6,492 751 14,927 15,678 2,505
2019-06-30 8,400 10,923 5,404 15,678 21,082 3,521
2020-06-30 2,672 1,832 17,115 21,082 38,197 2,819
2021-06-30 7,238 4,811 6,573 38,197 44,770 6,161
2022-06-30 13,223 12,676 7,937 44,770 52,707 6,562
2023-06-30 -7,744 9,210 279 52,707 52,986 5,168