Paymentus Holdings Inc · Q3 2021 earnings

Briefing

Paymentus's financial performance was strong, with revenue increasing 30% year-over-year and contribution profit increasing 37% year-over-year.

Paymentus reported strong third-quarter results with a 30.3% increase in revenue, a 37.1% increase in contribution profit, and a net income of $0.4 million. The company processed 70.6 million transactions, a 44.9% increase from the third quarter of 2020.

• Revenue was $101.7 million, an increase of 30.3% from the third quarter of 2020.
• Contribution profit was $40.7 million, representing an increase of 37.1%.
• Net income was $0.4 million and GAAP earnings per share was $0.0.
• Processed 70.6 million transactions, an increase of 44.9% from the third quarter of 2020.

Headline financials

Revenue & EPS history

Paymentus expects revenue for the full year 2021 to be between $391 million and $393 million or 29.5% to 30.5% growth year-over-year. Contribution profit is anticipated to be between $156 million and $158 million or 30% and 31% growth year-over-year. Adjusted EBITDA to be between $26.5 million and $28 million, with an adjusted EBITDA margin of approximately 17% to 18%.