Payoneer Global Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	831.1	627.62	473.4	345.59	317.75	260.14
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	150.25
Gross Profit	548.2	368.26	247.28	166.58	140.79	109.88
Selling, General & Admin	297.58	254.57	178.73	114.48	92.04	74.55
Research & Development	119.2	115.04	80.76	52.3	34.77	29.38
Other Operating Expenses	27.81	20.86	18	17.1	10.34	7.87
Operating Expenses	444.59	390.47	277.49	183.87	137.15	111.81
Operating Income	103.61	-22.21	-30.21	-17.3	3.64	-1.93
Interest Expense / Income	-28.93	-23.83	-4.97	-2.01	-0.52	2.17
Other Expense / Income	-	0	0.04	0.14	0.08	-
Pretax Income	132.54	1.62	-25.28	-15.43	4.08	-4.1
Income Tax	39.2	13.59	8.71	8.32	4.71	3.09
Net Income	93.33	-11.97	-33.99	-23.75	-0.63	-7.19
Shares Outstanding (Basic)	362	348	203	47	36	17
Shares Outstanding (Diluted)	393	348	203	47	36	17
Shares Change	12.82%	71.55%	331.59%	30.16%	111.87%	-
EPS (Basic)	0.26	-0.03	-0.33	-0.80	-0.33	-1.05
EPS (Diluted)	0.24	-0.03	-0.33	-0.80	-0.33	-1.05
Free Cash Flow	111.7	55.13	-0.88	-4.51	-31.6	-16.85
Free Cash Flow Per Share	0.31	0.16	-0.00	-0.10	-0.88	-0.99
Gross Margin	65.96%	58.68%	52.23%	48.20%	44.31%	42.24%
Operating Margin	12.47%	-3.54%	-6.38%	-5.00%	1.15%	-0.74%
Profit Margin	11.23%	-1.91%	-7.18%	-6.87%	-0.20%	-2.76%
Free Cash Flow Margin	13.44%	8.78%	-0.19%	-1.31%	-9.95%	-6.48%
Effective Tax Rate	29.58%	840.72%	-	-	115.30%	-
EBITDA	131.42	-1.36	-12.25	-0.34	13.9	5.95
EBITDA Margin	15.81%	-0.22%	-2.59%	-0.10%	4.37%	2.29%
Depreciation & Amortization	27.81	20.86	18	17.1	10.34	7.87
EBIT	103.61	-22.22	-30.25	-17.44	3.56	-1.93
EBIT Margin	12.47%	-3.54%	-6.39%	-5.05%	1.12%	-0.74%

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).