Feb. 23 at 9:58 PM
$PAY They beat last year's initial guide by 14% and the stock is off because its a bit shy of consensus know nothing analysts
Per Gemini
Revenue Outperformance: FY 2025 total revenue of
$1,196.5 million represents a 14% outperformance versus the initial guidance midpoint of
$1,050 million. Management attributed this to robust bookings, an expansion of their Instant Payment Network (IPN), and elevated transaction volumes (724.0 million transactions processed, up 21.3% YoY).
Profitability Expansion: FY 2025 Adjusted EBITDA of
$137.4 million represents a 20.5% outperformance compared to the initial
$114 million midpoint. Adjusted EBITDA margins expanded to 35.6% for the full year, signaling strong operating leverage as the firm surpassed a
$1 billion annual revenue run rate.
