NASDAQ$RPAY

Repay Holdings Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Repay reported profitable growth and accelerating free cash flow conversion.

Repay Holdings Corporation reported a 6% increase in revenue and a 9% increase in gross profit for Q3 2024. The company's free cash flow increased by 250% year-over-year. REPAY updated its reported Free Cash Flow Conversion target from approximately 60% to approximately 65%.

  • 9% year-over-year gross profit growth in Q3
  • Consumer Payments gross profit growth of approximately 2% year-over-year
  • Business Payments gross profit growth of approximately 67% year-over-year
  • Accelerated AP supplier network to over 330,000, an increase of approximately 42% year-over-year

Headline financials

Total Revenue

$79.1M

Previous: $74.3M+6.5%
EPS

$0.03

Previous: $0.21-85.7%
Capital Expenditures

-$782K

Previous: -$1.06M+26.4%
Free Cash Flow

$2.46M

Previous: -$7.23M+134.0%
Net Income

$3.24M

Previous: -$6.17M+152.6%
Operating Income

-$675K

Previous: -$5.12M+86.8%
Gross Profit

$61.6M

Previous: $56.7M+8.6%
Cash & Equivalents

$169M

Previous: $118M+43.3%
Total Assets

$1.56B

Previous: $1.58B-1.2%
Stock-Based Comp

$6.47M

Previous: $5.69M+13.7%

Revenue & EPS history

Repay · Revenue · Quarterly

$79.1M

Q3 2024+6.5%vs Q3 2023
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 updated its outlook for full year 2024.

Tailwinds

  • Revenue $314 - 320 million
  • Gross Profit $245 - 250 million
  • Adjusted EBITDA $139 - 142 million
  • Free Cash Flow Conversion ~ 65%

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 2024

Historical avgQ3 2024

+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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