Main Content

Easypay finance recent upgrades from two major

Model: NS-40F401NA26
SKU: 6614066
$135.00
Comp. Value: $649.000
or
4 payments starting at$32.75
with
Sold By Best Buy

More Buying Options

Recent upgrades from two major brokerage firms have shifted Easypay Finance’s consensus rating to "Buy" from "Hold," citing earnings resilience and scalable transaction infrastructure. It is also the first quarter that is directly comparable to the prior year, with the Connect Group included for the full period in both quarters. The improvement from an operating loss of ZAR 80 million to an operating profit of ZAR 4.2 million is testament to the commitment and efforts of our employees in turning around the Consumer division and growing the Merchant division. We are proud of these achievements. So turning to our revenue and group adjusted EBITDA for the quarter. We grew revenue at 19% year-on-year from ZAR 2.1 billion to ZAR 2.54 billion, which is at the upper end of our guidance range, and this was achieved through a 20% increase in merchant revenue and a 13% increase in consumer revenue. Lincoln highlighted some of our new consumer growth initiatives during our annual results presentation in September. Contact: Cary Ladd Tel.: 760-444-1910 Email: [email protected] Website: https://www.easypayfinance.com/ Market depth shows strong buy orders clustering near $18.50, hinting at institutional interest in defending that support zone. This could attract short-term swing traders looking for a rebound play.