NYSE$PAY

Paymentus Holdings Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Paymentus's financial performance was strong, marked by revenue growth, strategic acquisitions, and increased transaction processing.

Paymentus reported a strong second quarter in 2021, with a 30% increase in revenue year-over-year, a 25% increase in contribution profit, and a 39% increase in transactions processed. The company also signed definitive agreements to acquire Payveris and Finovera.

  • Total revenue increased by 30.3% year-over-year to $93.5 million.
  • Gross profit was $28.9 million, compared to $23.4 million in the second quarter of 2020.
  • Contribution profit increased by 24.8% year-over-year to $37.4 million.
  • Processed 64.2 million transactions, a 39% increase from the second quarter of 2020.

Headline financials

Total Revenue

$93.5M

Previous: $141M-33.8%
EPS (adj)

$0.02

Previous: $0.05-60.0%
Transactions Processed

64.2M

Previous: 0
Capital Expenditures

-$564K

Previous: $309K-282.5%
Free Cash Flow

$11K

Previous: $15.6M-99.9%
Net Income

$575K

Previous: $4.69M-87.7%
Operating Income

$4.08M

Previous: $10M-59.3%
Gross Profit

$28.9M

Previous: $44.2M-34.5%
Cash & Equivalents

$266M

Previous: $35.1M+658.2%
Total Assets

$361M

No prior period
Stock-Based Comp

$568K

Previous: $937K-39.4%

Revenue & EPS history

Paymentus · Revenue · Quarterly

$93.5M

Q2 2021-33.8%vs Q2 2020
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Forward guidance

Paymentus expects revenue for the full year 2021 to be between $378 million and $382 million, representing a 25% to 27% growth. Contribution profit is anticipated to be between $152 million and $154 million, or 26% and 28% growth. Adjusted EBITDA is expected to be between $25 million and $28 million, with a margin of 16.5% to 18.5%. The outlook includes the Payveris and Finovera acquisitions.

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 Q2 2021

Historical avgQ2 2021

+5.3%

Avg return

Earnings day

+4.4%

Avg return

5 days after

+1.2%

Avg return

30 days after

58%

14 / 24 earnings

Positive

+27.4%

Q2 2023

Best reaction

-22.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.5%-4.0%-24.7%
Q4 2025-1.1%+0.3%+3.1%
Q3 2025+25.4%+30.9%+27.6%
Q1 2025+2.6%+8.0%+4.9%
Q4 2024+24.6%+20.2%+7.3%
Q3 2024+26.2%+25.1%+30.5%
Q2 2024+17.9%+20.4%+6.8%
Q1 2024-8.6%-10.8%-8.3%
Q4 2023+24.2%+21.4%+34.5%
Q3 2023+4.2%+5.0%+14.6%
Q2 2023+27.4%+32.6%+44.8%
Q1 2023+10.8%+10.0%+23.7%
Q4 2022+10.4%+11.9%-0.2%
Q3 2022+19.5%+18.2%-3.5%
Q2 2022-22.0%-22.4%-31.3%
Q1 2022-12.4%-15.6%-7.7%
Q4 2019-5.5%-5.2%-4.9%
Q4 2021-20.0%-28.9%-30.1%
Q3 2020+4.0%+6.2%+1.1%
Q3 2021+11.5%+8.4%+0.2%
Q1 2021-4.7%-7.5%-13.8%
Q2 2020-4.7%-7.5%-13.8%
Q4 2020-4.7%-7.5%-13.8%
Q2 2021+0.0%-4.9%-17.9%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

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