Payroll and tax shakeup puts extra squeeze on SME cash flow: Earlypay
Australian small-to-medium enterprises (SMEs) are bracing for a cash flow crunch as significant new payroll and tax legislation rolls out over the next two years.
ASX-listed Earlypay announce increased net profit and cash flow
ASX-listed Earlypay’s half-yearly net profit is up 24% to $2.6 million and operating cash flow of $4.8 million is up 186%.
Earlypay and SprintSuite collaborate to empower mining and fabrication businesses
Earlypay today announced it had entered an arrangement with SprintSuite to enable immediate access to funding from unpaid invoices for SprintSuite’s customer base.
ASX-listed Earlypay announce on-market share buy-back of up to 27 million shares
ASX-listed Earlypay have announced that the Board has approved a proposal to conduct an on-market share buy-back of up to 27,000,000 ordinary fully paid shares.
Earlypay announces net revenue exceeding $18 million
ASX-listed Earlypay have today announced its financial results for the six-month period ending 31 December 2023 (H1’24), with the key highlight being net revenue of $18.2 million.
ASX-listed Earlypay announces the completion of Timelio acquisition
Earlypay have announce that further to its announcement on 3 November 2023, it has completed the acquisition of selected assets from Timelio.
Earlypay to acquire selected assets of fellow Australian fintech Timelio
ASX-listed Earlypay has announced it has entered into an agreement to acquire selected assets of Timelio, including certain customer receivables, IP, software, and other assets.
Earlypay appoints Paul Murray as CFO, COO and Joint Company Secretary
Earlypay has appointed Paul Murray to the roles of Chief Financial Officer (CFO) and Joint Company Secretary, in addition to his existing role as Chief Operating Officer (COO).