NASDAQ$RPAY

Repay Holdings Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Delivered strong results with accelerated growth and expanding margins.

REPAY reported strong third-quarter results with accelerated growth and expanding margins. The company's B2B AP/AR volumes grew approximately 30% year-over-year and represented 20%+ of total volume in the third quarter. REPAY reiterates its previously provided guidance for full year 2022.

  • REPAY delivered strong results in the third quarter across both the top and bottom lines, with accelerated growth and expanding margins.
  • B2B AP/AR volumes grew approximately 30% year-over-year and represented 20%+ of total volume in the third quarter
  • Added six new integrated software partners to bring the total to 236 ISVs as of the end of the third quarter
  • Expanded AP supplier network to 147,000, an increase of 40% year-over-year

Headline financials

Total Revenue

$71.6M

Previous: $61.1M+17.1%
EPS (adj)

$0.24

Previous: $0.21+14.3%
Adjusted EBITDA

$31.7M

Previous: $27M+17.5%
Capital Expenditures

-$2.62M

Previous: -$1.93M-36.0%
Free Cash Flow

$3.22M

Previous: -$8.19M+139.3%
Net Income

$5.85M

Previous: -$6.27M+193.3%
Operating Income

-$5.43M

Previous: -$12.2M+55.5%
Gross Profit

$54.9M

Previous: $45.8M+19.8%
Cash & Equivalents

$63.5M

Previous: $116M-45.4%
Total Assets

$1.64B

Previous: $1.65B-0.3%
Stock-Based Comp

$5.25M

Previous: $5.57M-5.8%

Revenue & EPS history

Repay · Revenue · Quarterly

$71.6M

Q3 2022+17.1%vs Q3 2021
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

REPAY reiterates its previously provided guidance for full year 2022.

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 2022

Historical avgQ3 2022

+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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