Key points
- Revenue increased by 3.8% to $52.867 million
- Statutory net profit after tax decreased by 84.4% to $446,000
- Underlying net profit after tax decreased by 28.6% to $3.651 million
- June 2026 Funds in Use (FIU) increased by 23% to $307.8 million
- A fully franked final dividend of 0.18 cents per share declared
Full summary
Earlypay Ltd's financial year 2026 results showed a significant decline in statutory net profit after tax, down 84.4% to $446,000 from $2.868 million in the previous year. The underlying net profit after tax also decreased by 28.6% to $3.651 million. Revenue increased by 3.8% to $52.867 million, and net income rose by 7% to $36.049 million. The company attributed the earnings decline to higher credit costs, increased origination costs, and expenditures on product development, distribution, and platform implementation. The portfolio grew strongly, with June 2026 Funds in Use (FIU) increasing by 23% to $307.8 million. The company declared a fully franked final dividend of 0.18 cents per share.
Guidance
Statutory NPAT: $0.446 million, Underlying NPAT: $3.651 million, Revenue: $52.867 million
Outlook
Earlypay Ltd enters FY27 with a strong portfolio and completed platform investment, aiming to grow Invoice Finance, use data for more working capital opportunities, and improve earnings quality.