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Earlypay Ltd (ASX:EPY)

ALERT: Price-sensitive ASX Announcement for EPY
Current share price for EPY : $0.130 -0.09 (-40.91%)+
Announcement
Release
25 Feb 2025 9:46AM
Price at Release
$0.220
Full Release
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Summary
The half-year report for Earlypay Ltd for the period ended 31 December 2024 highlights a revenue decrease of 4.6% to $26.486 million and a profit after tax decline of 32.8% to $1.251 million, compared to the previous period. Despite the drop in profit, adjusted profit after tax rose by 24.0% to $2.621 million, reflecting improved underlying performance by excluding non-operational costs. The report also emphasizes the stability of net tangible assets and the company’s commitment to dividend payments, declaring a fully franked dividend of 0.14 cents per share.
Key Points
  • Revenues decreased by 4.6% to $26.486 million.
  • Profit after tax fell by 32.8% to $1.251 million.
  • Adjusted profit after tax increased by 24.0% to $2.621 million.
  • Net tangible assets per share increased from 12.93 cents to 14.02 cents.
  • A fully franked dividend of 0.14 cents per share was declared.
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.