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 19 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
Q2 2025———
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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