Payoneer Global Inc. (PAYO)

Payoneer Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	831.1	627.62	473.4	345.59	317.75
Revenue Growth (YoY)	32.42%	32.58%	36.98%	8.76%	22.15%
Cost of Revenue	282.9	259.36	226.13	179.02	176.96
Gross Profit	548.2	368.26	247.28	166.58	140.79
Selling, General & Admin	297.58	254.57	178.73	114.48	92.04
Research & Development	119.2	115.04	80.76	52.3	34.77
Other Operating Expenses	27.81	20.86	18	17.1	10.34
Operating Expenses	444.59	390.47	277.49	183.87	137.15
Operating Income	103.61	-22.21	-30.21	-17.3	3.64
Interest Expense / Income	-28.93	-23.83	-4.97	-2.01	-0.52
Other Expense / Income	-	0	0.04	0.14	0.08
Pretax Income	132.54	1.62	-25.28	-15.43	4.08
Income Tax	39.2	13.59	8.71	8.32	4.71
Net Income	93.33	-11.97	-33.99	-23.75	-0.63
Shares Outstanding (Basic)	362	348	203	47	36
Shares Outstanding (Diluted)	393	348	203	47	36
Shares Change	12.82%	71.55%	331.59%	30.16%	111.87%
EPS (Basic)	0.26	-0.03	-0.33	-0.80	-0.33
EPS (Diluted)	0.24	-0.03	-0.33	-0.80	-0.33
Free Cash Flow	111.7	55.13	-0.88	-4.51	-31.6
Free Cash Flow Per Share	0.31	0.16	-0.00	-0.10	-0.88
Gross Margin	65.96%	58.68%	52.23%	48.20%	44.31%
Operating Margin	12.47%	-3.54%	-6.38%	-5.00%	1.15%
Profit Margin	11.23%	-1.91%	-7.18%	-6.87%	-0.20%
Free Cash Flow Margin	13.44%	8.78%	-0.19%	-1.31%	-9.95%
Effective Tax Rate	29.58%	840.72%	-	-	115.30%
EBITDA	131.42	-1.36	-12.25	-0.34	13.9
EBITDA Margin	15.81%	-0.22%	-2.59%	-0.10%	4.37%
Depreciation & Amortization	27.81	20.86	18	17.1	10.34
EBIT	103.61	-22.22	-30.25	-17.44	3.56
EBIT Margin	12.47%	-3.54%	-6.39%	-5.05%	1.12%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).