Payoneer Global Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	72.18	73.19	121.16	93.33	-11.97	-33.99
Depreciation & Amortization	70.15	65.63	47.3	27.81	20.86	18
Stock-Based Compensation	72.87	73.1	64.79	65.77	52.15	37.01
Other Adjustments	-26.84	-41.04	-15.69	-28.48	-30.48	-6.84
Change in Receivables	-3.21	1.53	0.34	4.9	0.96	3.93
Changes in Accounts Payable	4	7.87	1.13	-8.33	24.28	0.47
Changes in Unearned Revenue	2.6	1.06	2.04	1.35	0.22	-0.43
Changes in Other Operating Activities	32.98	31.9	-32.69	11.94	29.41	2.04
Operating Cash Flow	231.6	233.49	176.93	159.49	83.96	20.02
Operating Cash Flow Growth	21.18%	31.97%	10.93%	89.96%	319.49%	110.11%
Capital Expenditures	-32.3	-26.87	-8.19	-8.46	-10.5	-6.89
Purchases of Intangible Assets	-63.41	-60.86	-52.2	-39.33	-18.33	-14.01
Purchases of Investments	-454.71	-462.25	-2,079	-	-	-
Proceeds from Sale of Investments	376.5	403.5	277	-	-	-
Payments for Business Acquisitions	-23.02	-	-	-	-	-
Proceeds from Business Divestments	-	-33.08	-48.22	-	-	-
Other Investing Activities	-39.33	-38.78	-50.69	3.54	34.57	31.06
Investing Cash Flow	-231.25	-218.35	-1,961	-44.25	5.73	10.16
Short-Term Debt Issued	-	-	15.12	26.86	29.36	17.43
Short-Term Debt Repaid	-	-	-33.53	-24.58	-26.76	-43.79
Net Short-Term Debt Issued (Repaid)	-	-	-18.41	2.27	2.61	-26.36
Issuance of Common Stock	2.57	0.71	21.12	13.2	21.35	407.83
Repurchase of Common Stock	-230.84	-173.6	-137.51	-55.44	-	-
Net Common Stock Issued (Repurchased)	-228.27	-172.89	-116.39	-42.23	21.35	407.83
Repurchase of Preferred Stock	-	-	-	-	-	-39.8
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	-39.8
Other Financing Activities	983.98	910.93	562.58	551.91	1,437	1,055
Financing Cash Flow	754.83	738.04	427.77	511.95	1,461	1,396
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.63	5.31	-3.59	4.46	-2.72	-1.22
Net Cash Flow	757.81	758.5	-1,360	631.65	1,548	1,425
Free Cash Flow	199.31	206.62	168.74	151.03	73.46	13.12
Free Cash Flow Growth	-3.54%	22.45%	11.72%	105.61%	459.71%	189.46%
FCF Margin	18.67%	19.63%	17.26%	18.17%	11.70%	2.77%
Free Cash Flow Per Share	0.54	0.55	0.44	0.38	0.21	0.06
Levered Free Cash Flow	149.62	152.77	112.34	119.92	54.91	-47.17
Unlevered Free Cash Flow	117.13	158.52	139.05	97.28	74.3	-3.25

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q