NASDAQ$RPAY

Repay Holdings Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported solid financial results driven by the value proposition of vertically-integrated payment solutions and strategic acquisitions.

REPAY reported a strong third quarter with a 43% increase in total revenue and a 40% increase in gross profit compared to the third quarter of 2019. The acquisition of CPS Payment Services is expected to enhance REPAY's B2B and AP automation offering.

  • Card payment volume increased by 44% compared to Q3 2019, reaching $3.8 billion.
  • Total revenue grew by 43% compared to Q3 2019, totaling $37.6 million.
  • Gross profit increased by 40% compared to Q3 2019, amounting to $27.1 million.
  • Adjusted EBITDA increased by 31% over the third quarter of 2019, reaching $15.6 million.

Headline financials

Total Revenue

$37.6M

Previous: $37.2M+1.3%
EPS (adj)

$0.12

Previous: $0.18-33.3%
Adjusted EBITDA

$15.6M

Previous: $11.9M+30.9%
Capital Expenditures

-$812K

Previous: -$266K-205.4%
Free Cash Flow

-$10.3M

Previous: -$8.75M-17.9%
Net Income

-$9.5M

Previous: -$8.48M-12.1%
Operating Income

-$13.1M

Previous: -$14.1M+7.3%
Gross Profit

$27.1M

No prior period
Cash & Equivalents

$182M

Previous: $45.5M+300.7%
Total Assets

$1.09B

Previous: $769M+42.4%

Revenue & EPS history

Repay · Revenue · Quarterly

$37.6M

Q3 2020+1.3%vs Q3 2019
Beat estimate in 8 of 12 quarters(67%)
ActualEstimate

Revenue by segment

Repay · $78.4M total across 2 segments · Q3 2023

  • Consumer Payments
    $68.7M
  • Business Payments
    $9.7M

Forward guidance

REPAY expects the following financial results for full year 2020, which reflects expected contributions from CPS Payment Services and replaces previously provided guidance.

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 Q3 2020

Historical avgQ3 2020

+0.3%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+3.0%

Avg return

30 days after

53%

16 / 30 earnings

Positive

+33.9%

Q3 2022

Best reaction

-24.6%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.4%+5.5%+2.5%
Q4 2025+7.9%-5.0%+1.8%
Q3 2025+1.3%-4.5%-7.2%
Q1 2025-2.0%+1.5%+23.8%
Q4 2024-14.2%-17.6%-25.1%
Q3 2024-3.7%-12.8%-9.4%
Q2 2024-5.9%-6.5%-7.4%
Q1 2024-5.8%-4.4%-6.5%
Q4 2023+15.8%+10.4%+28.8%
Q3 2023+3.2%+16.2%+20.5%
Q2 2023+4.2%+4.7%-3.6%
Q1 2023+6.0%+16.4%+13.8%
Q4 2022-8.8%-5.7%-22.5%
Q3 2022+33.9%+52.5%+64.7%
Q2 2022-24.6%-19.1%-31.9%
Q1 2022-21.4%-18.3%-3.0%
Q4 2021-2.7%-8.9%-14.5%
Q3 2021+8.8%+7.0%-3.2%
Q2 2021-4.4%-6.4%-4.8%
Q1 2021+1.3%+7.6%+10.3%
Q4 2020+14.7%+5.3%+7.7%
Q3 2020-9.7%-11.5%-7.8%
Q2 2020+0.3%-5.0%-2.0%
Q1 2020+2.1%+11.4%+43.3%
Q4 2019-5.0%-28.1%-6.1%
Q3 2019+6.1%+7.6%+13.3%
Q2 2019-0.2%+0.9%+13.7%
Q1 2019-0.3%-0.4%+0.3%
Q4 2018+0.3%+0.2%+0.7%
Q2 2018+0.7%+0.7%+1.2%
Q1 2018
Q4 2017

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