Thesis TrackerLoading companies…
All companies
Loading…
Thesis TrackerThesis TrackerLoading…
Earlypay (ASX:EPY), a provider of invoice finance and equipment finance to small businesses, has been backed by DMX Asset Management as it returns capital. In May 2026, DMX reported Earlypay fell 17% after a mixed trading update and a pause in its buyback, as it had reached the 10% limit within a 12-month period. In March 2026, DMX noted Earlypay had bought back around 4% of its shares in just six weeks and said it had been adding incrementally at what it considers very attractive prices. Earlypay operates in the Financials sector within the Diversified Financial Services industry, and Thesis Tracker has captured 6 comments from 2 fund managers, including DMX Asset Management. Founded in 2001 by Gregory Riley and headquartered in North Sydney, Earlypay provides invoice finance, trade finance and equipment finance to small and medium enterprises across Australia, helping businesses manage working capital and fund growth, and has been simplifying its operations while returning surplus capital to shareholders.
Company figures as of 15 Oct 2026. For information only.
Fund managers including DMX Asset Management and First Samuel have invested in Earlypay Ltd (ASX:EPY).
DMX highlights Earlypay's active return of surplus capital through an on-market buyback that repurchased around 4% of shares within weeks, and an attractive valuation.
DMX notes a mixed trading update and the pause of the buyback after reaching its regulatory limit, which led to a 17% share price fall.
EarlyPay Ltd. is an Australian financial services company headquartered in North Sydney, founded by Gregory Riley in 2001. The firm provides financial management and payroll services through two primary business segments: Invoice Finance and Equipment Finance. The Invoice Finance division offers receivables finance, providing advance payments on invoices. The Equipment Finance division provides loans secured against business equipment. Together, these services provide essential working capital and asset-based financing solutions for commercial clients.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.