OxPay Financial
About OxPay Financial
OxPay Financial Ltd is an online-to-offline (O2O) financial services technology provider with a fully integrated platform that allows both online and offline merchants to run and grow their businesses easily. Its end-to-end payment platform offers comprehensive solutions ranging from hardware and software to payments and data analytics. Its solutions cater to merchants with both on-line and off-line presences, allowing for a single platform across all channel engagements.
Annual Report 2022
Recent Developments
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10 Aug 2023
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01 Aug 2023
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01 Jun 2023
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30 May 2023
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20 May 23
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12 May 23
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28 Apr 23
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26 Apr 23
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25 Apr 23
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25 Apr 23
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20 Apr 23
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20 Apr 23
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20 Apr 23
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15 Apr 23
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14 Apr 23
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13 Apr 23
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11 Apr 23
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6 Apr 23
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5 Apr 23
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5 Apr 23
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5 Apr 23
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30 Mar 23
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29 Mar 23
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28 Mar 23
Investment Merits
- Integrated platform with omni-channel capabilities
- Well-positioned to ride SEA growth
- Unique business model with scalable infrastructure
- Experienced management team with extensive industry experience
In The News
- MC Payment receives letter of intent from Indonesia’s OY! for equity stake
- MC Payment in talks to bring in Softbank and Temasek-linked OY! as new investor
- MC Payment’s Koh: “Payment consolidation is inevitable and companies must scale up or become irrelevant”
- 5 Things To Understand About MC Payment (SGX: TVV), Singapore’s First Listed Digital Payments Firm
- 10 Quick Things to Know about MC Payment Limited
- MC Payment aims to provide convenience, scalability to businesses
- MC Payment to raise some $6.4 million on proposed placement of up to 16 mil shares
- MC Payment receives subscription for 10 mil placement shares amounting to $4 mil
Research
OxPay Financial CONSENSUS
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Consensus Rating5
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BUY:HOLD:SELL1:0:0
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Consensus TP$0.30
Brokerages | Report | Analysts | Recommendation | TP |
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KGI | Megan Choo | Buy | $0.30 | |
RHB | – | NOT RATED | N/A |
Archive
2022 | KGI: Update on FY2021 Results – From losses to profits |
2021 |
Stock Information
Price | 0.16 |
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Market Cap (SGD m) | 45.2 |
Free Float % | 73% |
Key financial highlights
Key Highlights | 2019 | 2020 | 2021 |
---|---|---|---|
Revenue (SGD m) | 8.7 | 11.1 | 17.0 |
Gross Profit (SGD m) | 3.9 | 3.6 | 10.6 |
Net Profit (SGD m) | (1.6) | (1.9) | (26.8) |
Adjusted Net Profit (SGD m) | (1.6) | (1.9) | 3.2* |
*Adjusted for one off deemed RTO listing expenses of S$26.4m and non-recurring expenses related to RTO transaction of S$3.6m