NASDAQ$PAYO

Payoneer Global Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Payoneer reported strong Q1 2022 results, driven by increased adoption of higher value services and strong customer acquisition.

Payoneer Global Inc. reported a 36% increase in revenue to $137.0 million compared to Q1 2021. Net income was $20.2 million, a significant improvement from the net loss of $3.5 million in Q1 2021. The company's performance was driven by increased adoption of higher value services and strong customer acquisition.

  • Revenue increased by 36% year-over-year to $137.0 million.
  • Net income reached $20.2 million, compared to a net loss of $3.5 million in the same period last year.
  • B2B AP/AR volume grew by approximately 58% year-over-year.
  • Take Rate increased to 94 basis points from 75 basis points in Q1 2021.

Headline financials

Total Revenue

$137M

Previous: $101M+36.1%
EPS (adj)

-$0.02

Previous: -$0.16+87.5%
Capital Expenditures

-$2.69M

Previous: $797K-437.5%
Free Cash Flow

$17.5M

Previous: -$17.3M+201.5%
Net Income

$20.2M

Previous: -$3.51M+676.1%
Operating Income

-$6.34M

Previous: -$1.15M-452.0%
Gross Profit

$135M

Previous: $80.5M+68.0%
Cash & Equivalents

$466M

Previous: $105M+344.9%
Total Assets

$5.31B

No prior period
Stock-Based Comp

$13.1M

Previous: $4.37M+200.2%

Revenue & EPS history

Payoneer · Revenue · Quarterly

$137M

Q1 2022+36.1%vs Q1 2021
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

Payoneer raised its full year 2022 revenue guidance to $550 million - $560 million and adjusted EBITDA guidance to $(10) million to $(20) million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+3.6%

Avg return

Earnings day

+6.4%

Avg return

5 days after

+2.1%

Avg return

30 days after

48%

11 / 23 earnings

Positive

+37.1%

Q1 2022

Best reaction

-18.7%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.9%+5.1%+3.7%
Q4 2025-18.7%-12.4%-8.8%
Q3 2025-5.0%-2.1%-1.9%
Q1 2025-13.8%+0.7%-1.4%
Q4 2024-14.7%-21.4%-28.8%
Q3 2024+21.5%+26.9%+26.6%
Q2 2024+27.8%+31.8%+33.7%
Q1 2024+12.5%+10.2%+13.2%
Q4 2023-12.6%-16.5%-12.6%
Q3 2023-7.5%-5.8%-10.3%
Q2 2023+13.8%+14.8%+23.1%
Q1 2023-14.9%-17.1%-19.6%
Q4 2022+14.8%+19.0%+7.3%
Q3 2022-12.9%+0.9%-16.5%
Q2 2022+18.6%+20.4%+18.1%
Q1 2021+37.1%+37.4%+28.7%
Q1 2022+37.1%+37.4%+28.7%
Q4 2021-12.8%-6.2%-0.4%
Q4 2019-12.8%-6.2%-0.4%
Q3 2020+14.3%+21.4%-13.3%
Q3 2021+14.3%+21.4%-13.3%
Q4 2020-3.1%-6.7%-3.6%
Q2 2021-3.1%-6.7%-3.6%
Q2 2020
Q1 2020

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