Payoneer Global Inc. (PAYO)

Payoneer Global Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,017	977.72	831.1	627.62	473.4	345.59
Revenue Growth (YoY)	13.02%	17.64%	32.42%	32.58%	36.98%	8.76%
Cost of Revenue	161.09	152.11	122.29	110.17	101.48	97.04
Gross Profit	856.15	825.61	708.81	517.46	371.93	248.55
Selling, General & Admin	379.57	351.43	315.69	280.88	178.73	114.48
Research & Development	113.89	98.86	93.76	91.06	80.76	52.3
Other Operating Expenses	159.53	156.79	147.66	138.33	116.46	78.94
Operating Expenses	721.12	665.29	596.95	541.38	402.02	265.23
Operating Income	135.03	160.32	111.86	-23.92	-30.1	-16.68
Interest Expense	-5.5	-	-	-10.13	-6.85	-
Interest & Investment Income	-	-	-	-	-	2.01
Earnings From Equity Investments	-	-	-	-0	-0.04	-0.14
Other Non Operating Income (Expenses)	2.42	5.19	28.93	33.96	11.82	-
EBT Excluding Unusual Items	131.95	165.51	140.79	-0.09	-25.16	-14.81
Merger & Restructuring Charges	-7.67	-7.67	-7.96	-	-	-
Asset Writedown	-1.85	-1.85	-0.29	-0.61	-0.11	-0.62
Other Unusual Items	-16.52	-16.52	-	2.32	-	-
Pretax Income	105.92	139.47	132.54	1.62	-25.28	-15.43
Income Tax Expense	6.09	18.31	39.2	13.59	8.71	8.32
Net Income	99.82	121.16	93.33	-11.97	-33.99	-23.75
Preferred Dividends & Other Adjustments	-	-	-	-	33.63	13.64
Net Income to Common	99.82	121.16	93.33	-11.97	-67.62	-37.38
Net Income Growth	-1.41%	29.82%	-	-	-	-
Shares Outstanding (Basic)	364	358	362	348	203	47
Shares Outstanding (Diluted)	390	386	393	348	203	47
Shares Change (YoY)	1.50%	-1.64%	12.82%	71.55%	331.59%	30.16%
EPS (Basic)	0.27	0.34	0.26	-0.03	-0.33	-0.80
EPS (Diluted)	0.25	0.31	0.24	-0.03	-0.33	-0.80
EPS Growth	-3.03%	29.17%	-	-	-	-
Free Cash Flow	207.72	168.74	147.43	73.46	13.12	4.53
Free Cash Flow Per Share	0.53	0.44	0.38	0.21	0.07	0.10
Gross Margin	84.16%	84.44%	85.29%	82.45%	78.56%	71.92%
Operating Margin	13.27%	16.40%	13.46%	-3.81%	-6.36%	-4.83%
Profit Margin	9.81%	12.39%	11.23%	-1.91%	-14.28%	-10.82%
Free Cash Flow Margin	20.42%	17.26%	17.74%	11.70%	2.77%	1.31%
EBITDA	153.55	169.02	119.95	-15.64	-23.04	-9.83
EBITDA Margin	15.10%	17.29%	14.43%	-2.49%	-4.87%	-2.84%
D&A For EBITDA	18.52	8.7	8.09	8.29	7.06	6.85
EBIT	135.03	160.32	111.86	-23.92	-30.1	-16.68
EBIT Margin	13.27%	16.40%	13.46%	-3.81%	-6.36%	-4.83%
Effective Tax Rate	5.75%	13.13%	29.58%	840.72%	-	-

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q