NASDAQ$PAYS

Paysign Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Paysign reported strong revenue growth driven by plasma, patient affordability, and other business areas.

Paysign reported a 28% year-over-year increase in revenue, driven by growth in its plasma and patient affordability businesses. The company is on track to meet its revenue and Adjusted EBITDA guidance for the year.

  • Delivered strong revenue growth with a 28% year-over-year increase.
  • Plasma business continues to provide a strong foundation of revenue stream.
  • Patient affordability business exhibited significant growth in pipeline and revenue.
  • Transitioned an additional 16 mature plasma centers in July, bringing the current number of plasma centers to over 460.

Headline financials

Total Revenue

$11M

Previous: $8.6M+28.4%
EPS (adj)

-$0.00

Previous: -$0.00+54.7%
Capital Expenditures

-$84.9K

Previous: -$38.2K-122.3%
Free Cash Flow

-$189K

Previous: -$266K+29.0%
Net Income

-$104K

Previous: -$228K+54.3%
Operating Income

-$647K

Previous: -$271K-138.4%
Gross Profit

$5.62M

Previous: $4.7M+19.5%
Cash & Equivalents

$7.7M

Previous: $6.5M+18.5%
Total Assets

$109M

No prior period
Stock-Based Comp

$830K

No prior period

Revenue & EPS history

Paysign · Revenue · Quarterly

$11M

Q2 2023+28.4%vs Q2 2022
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The company expects continued growth in its plasma and pharma patient affordability businesses and is on track to meet its revenue and Adjusted EBITDA guidance provided in March.

Tailwinds

  • Continued growth in plasma business.
  • Continued growth in pharma patient affordability business.
  • On track to meet revenue guidance of $44.0 million to $46.0 million.
  • On track to meet Adjusted EBITDA guidance of $6.0 million to $7.5 million.
  • Financial results and cash balances should continue to improve sequentially.

Headwinds

  • Impact of inflationary pressures.
  • Potential effects of share repurchases.
  • Downturn in the economy could reduce customer base.
  • Data security breach could expose to liability.
  • Operating in a highly regulated environment.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+16.3%

Avg return

Earnings day

+5.5%

Avg return

5 days after

+9.6%

Avg return

30 days after

43%

26 / 60 earnings

Positive

+900.0%

Q3 2011

Best reaction

-29.6%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-12.6%-12.0%
Q4 2025+37.3%+52.8%+65.0%
Q3 2025+0.2%-8.8%+0.4%
Q1 2025+3.0%+22.9%+81.9%
Q4 2024-8.5%-14.5%-8.1%
Q3 2024+10.9%+8.7%-7.9%
Q2 2024-6.7%-14.4%-9.2%
Q1 2024-0.4%+5.4%-7.6%
Q4 2023+20.5%+10.2%+31.9%
Q3 2023+18.1%+21.6%+18.1%
Q2 2023+6.4%+8.6%+16.0%
Q1 2023-1.8%-4.5%-20.7%
Q4 2022+4.2%+7.6%+0.3%
Q3 2022-10.4%+8.9%+16.5%
Q2 2022+7.4%+15.3%+33.5%
Q1 2022-26.2%-20.2%-2.4%
Q4 2021-6.6%-16.6%-21.4%
Q3 2021-9.0%-14.6%-32.8%
Q2 2021-2.4%+5.6%+16.7%
Q1 2021-11.4%-10.8%+0.0%
Q4 2020+11.7%+5.1%+0.8%
Q3 2020-26.8%-20.6%-7.7%
Q2 2020-18.9%-30.5%-45.3%
Q1 2020-5.5%-13.0%-0.4%
Q4 2019+27.3%+82.9%+102.7%
Q3 2019+13.2%+17.1%+3.9%
Q2 2019+2.5%+6.3%+2.7%
Q1 2019-11.7%-6.7%+18.2%
Q4 2018-1.7%-7.5%-1.0%
Q3 2018-0.5%-1.6%-6.3%
Q2 2018+10.1%+2.7%-2.7%
Q1 2018-0.9%+18.8%+23.1%
Q4 2017+19.0%+20.6%+44.3%
Q3 2017+7.9%+19.3%+15.8%
Q2 2017+2.8%+9.4%+0.0%
Q1 2017-8.7%-6.5%-6.5%
Q4 2016+4.7%+0.0%+0.0%
Q3 2016+34.9%+73.7%+73.7%
Q2 2016+0.0%-5.0%-20.0%
Q1 2016-23.2%
Q4 2015-29.6%
Q3 2015-12.0%
Q2 2015+6.3%
Q1 2015+4.3%
Q4 2014+71.2%
Q2 2014-16.7%
Q1 2014+0.0%
Q4 2013+23.4%
Q3 2013-17.9%
Q2 2013-16.6%
Q4 2012-4.3%
Q1 2013-4.3%
Q3 2012+18.5%
Q2 2012+0.0%
Q1 2012+0.0%
Q4 2011+0.0%
Q3 2011+900.0%
Q2 2011+0.0%
Q1 2011+0.0%
Q4 2010+5.0%

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