PaySauce (PYS) Investor presentation summary

Market challenges and regulatory complexity

• Over 700,000 micro-businesses in Australia face complex payroll compliance, with significant time, cost, and risk of non-compliance penalties due to intricate Fair Work Awards and manual processes.

• Dairy farms, as a case study, must navigate highly specific overtime and pay rules, with over 2,500 farms in Victoria and 4,400 nationwide employing 46,000 people.

• Regulatory breaches are common and costly, with recent penalties and fines highlighting the risks for small employers lacking legal and HR resources.

Product solution and technology

• A new mobile-friendly payroll solution offers end-to-end integration: banking, superannuation, Single Touch Payroll Phase 2, and Fair Work Award interpretation.

• The Gen 2.0 payroll engine is configurable for new awards and jurisdictions, supporting rapid adaptation and compliance.

• Real-time payments are enabled via the New Payments Platform, and the system is designed specifically for micro-business needs.

Competitive landscape and market opportunity

• Existing payroll solutions in Australia are fragmented and primarily serve larger businesses, leaving micro-businesses underserved.

• The addressable market includes 700,000 micro-businesses, with 80,000 new ones established in 2024-25, and similar pain points across sectors like trades, hospitality, and professional services.