Splitit Payments (CHIA:SPT) - Stock Price, News & Analysis

SPT Stock Overview

Provides payment solution services in North America, the United Kingdom, Europe, and Australia. More details

SPT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Earnings have declined by 24.8% per year over past 5 years

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (A$32M)

Shareholders have been diluted in the past year

Splitit Payments Ltd Competitors

Change Financial

ASX:CCA

AU$44.6m

EML Payments

ASX:EML

AU$251.6m

OFX Group

ASX:OFX

AU$335.0m

Tyro Payments

ASX:TYR

AU$495.4m

Price History & Performance

Summary of all time highs, changes and price drops for Splitit Payments
Historical stock prices
Current Share Price	US$0.071
52 Week High	US$0.25
52 Week Low	US$0.029
Beta	1.01
11 Month Change	77.50%
3 Month Change	86.84%
1 Year Change	-58.24%
33 Year Change	-93.77%
5 Year Change	n/a
Change since IPO	-80.55%

Recent updates

Shareholder Returns

	SPT	AU Diversified Financial	AU Market
7D	0%	-0.3%	0.9%
1Y	-58.2%	10.8%	18.4%

Return vs Industry: SPT underperformed the Australian Diversified Financial industry which returned -3.8% over the past year.

Return vs Market: SPT underperformed the Australian Market which returned 3.9% over the past year.

Price Volatility

Is SPT's price volatile compared to industry and market?
SPT volatility
SPT Average Weekly Movement	21.3%
Diversified Financial Industry Average Movement	6.7%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: SPT's share price has been volatile over the past 3 months.

Volatility Over Time: SPT's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2008	n/a	Nandan Sheth	www.splitit.com

Splitit Payments Ltd, together with its subsidiaries, provides payment solution services in North America, the United Kingdom, Europe, and Australia. Its solution enables customers to pay for instalments with an existing credit with no applications, redirects or loans. Splitit Payments Ltd was incorporated in 2008 and is headquartered in Atlanta, Georgia.

Splitit Payments Ltd Fundamentals Summary

How do Splitit Payments's earnings and revenue compare to its market cap?
SPT fundamental statistics
Market cap	AU$47.87m
Earnings (TTM)	-AU$34.04m
Revenue (TTM)	AU$16.99m

2.8x

P/S Ratio

-1.4x

P/E Ratio

Is SPT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPT income statement (TTM)
Revenue	US$11.39m
Cost of Revenue	US$1.25m
Gross Profit	US$10.14m
Other Expenses	US$32.96m
Earnings	-US$22.82m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.041
Gross Margin	89.03%
Net Profit Margin	-200.40%
Debt/Equity Ratio	349.1%

How did SPT perform over the long term?

See historical performance and comparison

SPT Stock Overview

Risk Analysis

Splitit Payments Ltd Competitors

ASX:CCA

AU$44.6m

ASX:EML

AU$251.6m

ASX:OFX

AU$335.0m

ASX:TYR

AU$495.4m

Price History & Performance

Recent News & Updates

Splitit UnveilsFI-PayLater: Empowering Banks to Provide In-Checkout Installments for Existing Customers

Splitit Limited ADR - Sponsored to Be Deleted from OTC Equity

Splitit Private Equity Deal to Leave ASX

Splitit Payments Ltd announced that it expects to receive $10 million in funding from Thorney Investment Group Australia Pty. Ltd., Perea Capital, LLC

Full year 2022 earnings released: US$0.046 loss per share (vs US$0.086 loss in FY 2021)

High number of new directors

Recent updates

Splitit UnveilsFI-PayLater: Empowering Banks to Provide In-Checkout Installments for Existing Customers

Splitit Limited ADR - Sponsored to Be Deleted from OTC Equity

Splitit Private Equity Deal to Leave ASX

Splitit Payments Ltd announced that it expects to receive $10 million in funding from Thorney Investment Group Australia Pty. Ltd., Perea Capital, LLC

Full year 2022 earnings released: US$0.046 loss per share (vs US$0.086 loss in FY 2021)

High number of new directors

Splitit's New White-Label Installments-As-A-Service Experience Delivers Impressive Results with OCM

Splitit Payments Ltd has completed a Follow-on Equity Offering in the amount of AUD 10.562125 million.

First half 2022 earnings released: US$0.026 loss per share (vs US$0.041 loss in 1H 2021)

High number of new directors

Splitit Payments Ltd Announces Board Appointments

Splitit Payments Ltd Launches an Innovative Installments-As-A-Service Platform

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Splitit Payments Ltd, Annual General Meeting, Apr 28, 2022

Splitit Announces A New Salesforce Commerce Cloud Integration Making it Faster and Easier for E-Commerce and Retail Brands to Offer Splitit at Checkout

MD of North America & Director Brad Paterson has left the company

First half 2021 earnings released: US$0.041 loss per share (vs US$0.03 loss in 1H 2020)

Splitit Payments Ltd, Annual General Meeting, Apr 27, 2021

New 90-day low: AU$1.00

Full year 2020 earnings released: US$0.001 loss per share (vs US$0.078 loss in FY 2019)

Revenue misses expectations

Splitit Payments Ltd to Report Fiscal Year 2020 Results on Feb 26, 2021

Insider recently sold AU$20m worth of stock

Splitit Nominates Two New Board Members

Splitit Payments Ltd Announces Board Changes

Non-Executive Chairman Spiro Pappas has left the company

New 90-day high: AU$1.51

Splitit Payments Limited Partners with Google in Japan

Splitit Payments Ltd Appoints Tyson Hackwood as Head of Market Development, APAC

New 90-day low: AU$1.22

New 90-day low: AU$1.26

Splitit Payments Ltd has completed a Follow-on Equity Offering in the amount of AUD 90.000001 million.

Splitit Payments Ltd has completed a Follow-on Equity Offering in the amount of AUD 10.075 million.

Splitit Payments Ltd Signs Agreement with QuickFee to Enter Professional Services Instalment Payments

First half earnings released

New 90-day high - AU$1.83

Shareholder Returns

Price Volatility

About the Company

Splitit Payments Ltd Fundamentals Summary

2.8x

-1.4x

Earnings & Revenue