Earlypay Ltd

AU:EPY Australia Credit Services
Market Cap
$26.46 Million
AU$42.74 Million AUD
Market Cap Rank
#26281 Global
#602 in Australia
Share Price
AU$0.17
Change (1 day)
+3.13%
52-Week Range
AU$0.16 - AU$0.24
All Time High
AU$0.53
Categories
Companies in Australia Credit Services Banking & Financial
About

Earlypay Limited engages in the provision of financial solutions to businesses in Australia. It offers invoice finance, such as debtor and trade finance; invoice factoring and discounting, and clean energy finance services, as well as business line of credit. The company also provides equipment finance services for old and new equipment, such as sale back of owned or partially owned equipment, pr… Read more

Earlypay Ltd (EPY) - Net Assets

Latest net assets as of December 2025: AU$70.10 Million AUD

Based on the latest financial reports, Earlypay Ltd (EPY) has net assets worth AU$70.10 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$319.67 Million) and total liabilities (AU$249.57 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$70.10 Million
% of Total Assets 21.93%
Annual Growth Rate 26.41%
5-Year Change 26.55%
10-Year Change 409.47%
Growth Volatility 46.82

Earlypay Ltd - Net Assets Trend (2009–2025)

This chart illustrates how Earlypay Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Earlypay Ltd (2009–2025)

The table below shows the annual net assets of Earlypay Ltd from 2009 to 2025.

Year Net Assets Change
2025-06-30 AU$74.05 Million +1.98%
2024-06-30 AU$72.61 Million -1.19%
2023-06-30 AU$73.48 Million -13.64%
2022-06-30 AU$85.09 Million +45.43%
2021-06-30 AU$58.51 Million +9.60%
2020-06-30 AU$53.39 Million +19.18%
2019-06-30 AU$44.80 Million +11.51%
2018-06-30 AU$40.17 Million +144.74%
2017-06-30 AU$16.41 Million +12.93%
2016-06-30 AU$14.54 Million +46.77%
2015-06-30 AU$9.90 Million -3.55%
2014-06-30 AU$10.27 Million +144.74%
2013-06-30 AU$4.20 Million +3.20%
2012-06-30 AU$4.06 Million +34.23%
2011-06-30 AU$3.03 Million +63.21%
2010-06-30 AU$1.86 Million +6.49%
2009-06-30 AU$1.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Earlypay Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 385488300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$1.77 Million 2.40%
Common Stock AU$71.91 Million 97.11%
Other Comprehensive Income AU$363.00K 0.49%
Total Equity AU$74.05 Million 100.00%

Earlypay Ltd Competitors by Market Cap

The table below lists competitors of Earlypay Ltd ranked by their market capitalization.

Company Market Cap
Mad Paws Holdings Ltd
AU:MPA
 		$16.79 Million
Uno&Company.Ltd
KQ:114630
 		$16.80 Million
Eagon Ind
KO:008250
 		$16.80 Million
PT Berdikari Foundation Perkas
JK:BDKR
 		$16.80 Million
Taiwan Ostor
TWO:8080
 		$16.78 Million
ININ GROUP AS NK -50
F:72G
 		$16.78 Million
Tekcapital plc
PINK:TEKCF
 		$16.78 Million
Global Fashion Group S.A
PINK:GLFGF
 		$16.76 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Earlypay Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 72,612,000 to 74,051,000, a change of 1,439,000 (2.0%).
  • Net income of 2,868,000 contributed positively to equity growth.
  • Dividend payments of 790,000 reduced retained earnings.
  • Share repurchases of 134,000 reduced equity.
  • Other comprehensive income increased equity by 211,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$2.87 Million +3.87%
Dividends Paid AU$790.00K -1.07%
Share Repurchases AU$134.00K -0.18%
Other Comprehensive Income AU$211.00K +0.28%
Other Changes AU$-716.00K -0.97%
Total Change AU$- 1.98%

Book Value vs Market Value Analysis

This analysis compares Earlypay Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.61x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 5.14x to 0.61x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-06-30 AU$0.03 AU$0.17 x
2010-06-30 AU$0.03 AU$0.17 x
2011-06-30 AU$0.06 AU$0.17 x
2012-06-30 AU$0.07 AU$0.17 x
2013-06-30 AU$0.06 AU$0.17 x
2014-06-30 AU$0.14 AU$0.17 x
2015-06-30 AU$0.10 AU$0.17 x
2016-06-30 AU$0.15 AU$0.17 x
2017-06-30 AU$0.12 AU$0.17 x
2018-06-30 AU$0.22 AU$0.17 x
2019-06-30 AU$0.21 AU$0.17 x
2020-06-30 AU$0.25 AU$0.17 x
2021-06-30 AU$0.25 AU$0.17 x
2022-06-30 AU$0.30 AU$0.17 x
2023-06-30 AU$0.25 AU$0.17 x
2024-06-30 AU$0.25 AU$0.17 x
2025-06-30 AU$0.27 AU$0.17 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Earlypay Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 3.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.63%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 4.25x
  • Recent ROE (3.87%) is below the historical average (5.15%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 -69.37% -7.53% 2.40x 3.84x AU$-1.47 Million
2011 27.46% 4.97% 2.25x 2.45x AU$528.84K
2012 21.17% 1.21% 4.72x 3.70x AU$454.08K
2013 18.26% 0.76% 5.83x 4.12x AU$346.50K
2014 10.83% 0.80% 4.34x 3.13x AU$85.30K
2015 0.17% 0.01% 2.44x 6.70x AU$-973.30K
2016 0.26% 0.14% 0.17x 10.77x AU$-1.42 Million
2017 15.41% 6.32% 0.25x 9.84x AU$887.50K
2018 7.93% 6.82% 0.18x 6.49x AU$-831.40K
2019 18.75% 17.70% 0.19x 5.61x AU$3.92 Million
2020 6.88% 7.84% 0.14x 6.29x AU$-1.67 Million
2021 12.37% 17.02% 0.11x 6.43x AU$1.39 Million
2022 15.54% 50.95% 0.05x 5.79x AU$4.71 Million
2023 -10.54% -12.79% 0.17x 4.90x AU$-15.09 Million
2024 3.37% 4.49% 0.17x 4.32x AU$-4.81 Million
2025 3.87% 5.63% 0.16x 4.25x AU$-4.54 Million

Industry Comparison

This section compares Earlypay Ltd's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $366,691,691
  • Average return on equity (ROE) among peers: -8.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Earlypay Ltd (EPY) AU$70.10 Million -69.37% 3.56x $16.78 Million
Butn Ltd (BTN) $8.11 Million -152.13% 10.26x $3.14 Million
FSA Group Ltd (FSA) $76.76 Million 13.88% 3.90x $26.38 Million
Harmoney Corp Ltd (HMY) $37.13 Million 14.86% 24.46x $21.78 Million
Humm Group Ltd (HUM) $364.58 Million 18.06% 2.99x $98.09 Million
Lawfinance Ltd (LAW) $9.11 Million 3.15% 0.11x $121.26K
Liberty Financial Group (LFG) $1.19 Billion 11.23% 12.61x $129.94 Million
Latitude Group Holdings Ltd (LFS) $1.57 Billion 10.28% 4.12x $305.96 Million
Moneyme Ltd (MME) $46.85 Million 2.77% 2.56x $23.29 Million
Propell Holdings Ltd (PHL) $-845.24K 0.00% 0.00x $494.63K