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Earlypay: Upgrades guidance following record half of trading

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Earlypay Upgrades guidance following record half of trading

  • Earlypay (EPY) upgrades its FY22 guidance from over $13 million to over $14 million following record half of trading
  • The company reports unaudited H1 FY22 guidance of approximately $7.5 million, which is an increase of over 110 per cent on the prior corresponding period
  • The company is expected to provide additional information upon release of the H1 FY22 results on February 24
  • Equipment finance business has also seen a substantial improvement in new originations in recent months and has returned to growth
  • Shares rose 11.6 per cent on the market today to 48 cents
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