Splitit Payments Ltd provides payment solution services in New York, Israel, London, and Australia.
Splitit Payments Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.41|
|52 Week High||AU$0.33|
|52 Week Low||AU$1.54|
|1 Month Change||-2.41%|
|3 Month Change||-22.86%|
|1 Year Change||-73.62%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||6.58%|
Recent News & Updates
Splitit Payments (ASX:SPT) Is Using Debt Safely
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|SPT||AU IT||AU Market|
Return vs Industry: SPT underperformed the Australian IT industry which returned 8.6% over the past year.
Return vs Market: SPT underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: SPT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: SPT's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Splitit Payments Ltd provides payment solution services in New York, Israel, London, and Australia. Its solution enables customers to pay for purchases with an existing debit or credit card by splitting the cost into interest and fee free monthly payments. The company was incorporated in 2008 and is headquartered in New York, New York.
Splitit Payments Fundamentals Summary
|SPT fundamental statistics|
Is SPT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SPT income statement (TTM)|
|Cost of Revenue||US$5.61m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.075|
|Net Profit Margin||-383.93%|
How did SPT perform over the long term?See historical performance and comparison
Is Splitit Payments undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SPT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SPT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SPT is unprofitable, so we can't compare its PE Ratio to the Australian IT industry average.
PE vs Market: SPT is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPT is good value based on its PB Ratio (2.5x) compared to the AU IT industry average (3.2x).
How is Splitit Payments forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SPT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SPT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SPT's revenue (71.5% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: SPT's revenue (71.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SPT's Return on Equity is forecast to be high in 3 years time
How has Splitit Payments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPT is currently unprofitable.
Growing Profit Margin: SPT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPT is unprofitable, and losses have increased over the past 5 years at a rate of 57.5% per year.
Accelerating Growth: Unable to compare SPT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPT is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-11.2%).
Return on Equity
High ROE: SPT has a negative Return on Equity (-62.6%), as it is currently unprofitable.
How is Splitit Payments's financial position?
Financial Position Analysis
Short Term Liabilities: SPT's short term assets ($120.9M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: SPT's short term assets ($120.9M) exceed its long term liabilities ($60.4M).
Debt to Equity History and Analysis
Debt Level: SPT's debt to equity ratio (107.2%) is considered high.
Reducing Debt: Insufficient data to determine if SPT's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SPT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 72% each year
What is Splitit Payments's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SPT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Harper (61 yo)
Mr. John T. Harper serves as an Interim Chief Executive Officer at Splitit Payments Ltd since August 31, 2021. He served as Executive Vice President and Chief Operations Officer at Macy's Inc. since Januar...
Experienced Management: SPT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: SPT's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SPT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.
Splitit Payments Ltd's employee growth, exchange listings and data sources
- Name: Splitit Payments Ltd
- Ticker: SPT
- Exchange: ASX
- Founded: 2008
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: AU$187.688m
- Shares outstanding: 469.22m
- Website: https://www.splitit.com
Number of Employees
- Splitit Payments Ltd
- 27 East 28th Street
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:05|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.