NYSE$PAY

Paymentus Holdings Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Paymentus delivered strong results driven by increased billers and transactions.

Paymentus reported a record revenue of $231.6 million, representing a 51.9% year-over-year increase. Net income was $14.4 million, with a GAAP earnings per share of $0.11. Adjusted EBITDA increased by 58.2% year-over-year, reflecting a 30.7% adjusted EBITDA margin.

  • Revenue increased by 51.9% year-over-year, reaching a record $231.6 million.
  • Gross profit increased by 29.3% year-over-year to $60.7 million.
  • Net income was $14.4 million, with GAAP earnings per share at $0.11.
  • Adjusted EBITDA increased by 58.2% year-over-year, resulting in a 30.7% adjusted EBITDA margin.

Headline financials

Total Revenue

$232M

Previous: $152M+51.9%
EPS

$0.11

Previous: $0.07+57.1%
Transactions Processed

155.3M

Previous: 115.4M+34.6%
Adjusted EBITDA

$24.6M

No prior period
Adjusted EBITDA Margin

30.7%

No prior period
Adjusted Gross Profit

$66.2M

No prior period
Contribution Profit

$80M

No prior period
Capital Expenditures

-$376K

Previous: -$511K+26.4%
Free Cash Flow

$14.1M

Previous: $5.87M+139.6%
Net Income

$14.4M

Previous: $6.38M+126.3%
Operating Income

$12.1M

Previous: $5.31M+127.6%
Gross Profit

$60.7M

Previous: $46.9M+29.3%
Cash & Equivalents

$188M

Previous: $162M+15.7%
Total Assets

$553M

Previous: $489M+13.0%
R&D Expense

$9.32M

Previous: $11M-15.5%
Stock-Based Comp

$3.17M

Previous: $2.46M+29.0%

Revenue & EPS history

Paymentus · Revenue · Quarterly

$232M

Q3 2024+51.9%vs Q3 2023
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Paymentus anticipates revenue between $215 million and $220 million, contribution profit between $79 million and $81 million, and adjusted EBITDA between $22 million and $24 million for the fourth quarter of 2024. For the full fiscal year 2024, the company projects revenue between $829 million and $834 million, contribution profit between $305 million and $307 million, and adjusted EBITDA between $89 million and $91 million.

Tailwinds

  • Revenue is expected to be between $215 million and $220 million for Q4 2024.
  • Contribution Profit is projected to be between $79 million and $81 million for Q4 2024.
  • Adjusted EBITDA is anticipated to be between $22 million and $24 million for Q4 2024.
  • Full year revenue is projected to be between $829 million and $834 million.
  • Full year Contribution Profit is expected to be between $305 million and $307 million.

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 2024

Historical avgQ3 2024

+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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