Earlypay Limited · ASX:EPY
Earlypay — Investor Presentation (June 2021)
14 slides from Earlypay's investor presentation, Jun 24, 2021
Slide 1: Capital Raise Presentation
Capital Raise Presentation CEO Daniel Riley 24 June 2021 1
Slide 2: Executive Summary
Executive Summary Capital raising to support the growth of Earlypay’s new Trade Finance product Placement Overview Rationale Investment Highlights Placement to raise $18.857m @$0.42 per new share, representing a Fund expansion of new Trade Finance product while the Company New Trade Finance product
Slide 3: Vision Statement
Vision Statement Business Finance made simple. At Earlypay, our mission is to provide Australian businesses with the cash flow they need to grow. 3
Slide 4: EPY Positioning
EPY Positioning The ongoing digital transformation is positioning Earlypay as a market-leading SME lender with a unique offering and significant competitive edge Uniquely Positioned Benefits of online platform • Loans ranging from $20k to $15m+ • Streamlined applications and onboarding • Service sma
Slide 5: About Earlypay
About Earlypay Earlypay provides secured finance to SME businesses in the form of Invoice Finance, Equipment Finance and Trade Finance • Earlypay employs an experienced team of ~90 Invoice Factoring Trade Finance people and services clients nationally from offices in Trade Finance gives businesses t
Slide 6: Historical Growth
Transaction Volume Historical Growth FY’16 – FY’22 CAGR 33% $1.7bn Impacted by COVID $1.8bn $2.2bn+ $1.6bn Earlypay has delivered strong $1.0bn $1.3bn 0.7bn 0.8bn 0.9bn+ (H2) H1 and stable growth, translating into $0.4bn 0.5bn 0.7bn H2 consistent shareholder returns 0.2bn 0.2bn 0.5bn 0.6bn 0.8bn 0.9
Slide 7: Outlook
Outlook Expected to report record earnings in H2’21 - FY’21 Full Year guidance of $21m+ EBITDA and NPATA of $8.5m+ Continued trading above pre-covid levels with FY’22 Growth Outlook • Current volumes indicate that Earlypay is now back trading in excess of $2.2bn • Improvements to all Warehouse Facil
Slide 8: Capital Raising
Capital Raising 8
Slide 9: Capital Raising - Details
Capital Raising - Details Transaction Overview Offer size Ranking $18.857 million , reflecting the issue of approximately 44.9 million shares All new shares issued under the Offer will rank equally with existing Earlypay shares Offer Type Placement to raise approximately $18.857m (“Placement”); via
Slide 10: Capital Raising – Indicative Timetable
Capital Raising – Indicative Timetable Key Events Trading Halt Tuesday, 22 June 2021 Firm Bids Due (3:00pm AEST) 22 June 2021 Commitment Letters Due (12:00pm AEST) Wednesday, 23 June 2021 Announcement of Placement Thursday, 24 June 2021 Settlement of Placement Wednesday, 30 June 2021 Allotment of Sh
Slide 11: Key Risks
Key Risks 1) Share market 2) Dependence on general economic conditions 3) Regulatory risk On completion of the Placement, the New Shares may trade The operating and financial performance of Earlypay is The Company operates in a highly regulated market in on ASX at higher or lower prices than the iss
Slide 12: Key Risks
Key Risks 5) Competition and new technologies 7) Ability to retain or attract key personnel with respect to the payment of dividends, returns of capital or the market value of those securities. Potential investors The industry in which Earlypay is involved is subject to The loss of key members of th
Slide 13: Disclaimer
Disclaimer This presentation (”this Presentation”) has been prepared Before making an investment decision, prospective investors While EPY believes the statements in the Presentation are by Earlypay Limited [ACN 098 952 277] (“EPY” or the should consider the appropriateness of the information having
Slide 14: earlypay
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