NYSE$PAY

Paymentus Holdings Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Paymentus's financial performance for Q3 2022 was reported, demonstrating growth in transactions, revenue, and gross profit.

Paymentus reported strong third-quarter results with a 30.6% increase in transactions, a 26.0% increase in revenue, and a 21.5% increase in gross profit compared to the third quarter of 2021. The company focused on expanding adjusted EBITDA margin and is pleased with the progress.

  • Processed 92.2 million transactions, a 30.6% increase year-over-year.
  • Revenue reached $128.2 million, up 26.0% compared to the prior year.
  • Gross profit increased to $37.9 million, a 21.5% increase year-over-year.
  • Net loss was $737 thousand, with a GAAP loss per share of $0.01, while non-GAAP net income was $1.8 million, with non-GAAP earnings per share of $0.01.

Headline financials

Total Revenue

$128M

Previous: $102M+26.0%
EPS (adj)

$0.01

Previous: $0.01+0.0%
Transactions Processed

92.2M

Previous: 70.6M+30.6%
Capital Expenditures

-$1.16M

Previous: -$825K-41.0%
Free Cash Flow

-$1.9M

Previous: -$403K-371.5%
Net Income

-$737K

Previous: $422K-274.6%
Operating Income

-$917K

Previous: $1.13M-181.3%
Gross Profit

$37.9M

Previous: $31.2M+21.5%
Cash & Equivalents

$148M

Previous: $178M-16.4%
Total Assets

$531M

Previous: $479M+11.0%

Revenue & EPS history

Paymentus · Revenue · Quarterly

$128M

Q3 2022+26%vs Q3 2021
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Paymentus expects revenue for the full year 2022 to be between $485 million and $492 million, representing approximately 25% to 27% growth year-over-year. Contribution profit is anticipated to be between $200 million and $204 million, with adjusted EBITDA expected to be between $25 million and $28.5 million.

Tailwinds

  • Anticipates full-year revenue growth of approximately 25% to 27% year-over-year.
  • Projects contribution profit between $200 million and $204 million.
  • Expects adjusted EBITDA to range from $25 million to $28.5 million.
  • Estimates gross profit to be approximately 72% of contribution profit.
  • Forecasts adjusted EBITDA margin of approximately 13% to 14%.

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 Q3 2022

Historical avgQ3 2022

+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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