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 15 quarters(93%)
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 20 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
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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro