Paysign, Inc. (PAYS)

Paysign Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	56.53	46	37.74	29.28	23.73
Other Revenue	1.85	1.27	0.29	0.18	0.39
Revenue	58.38	47.27	38.03	29.46	24.12
Revenue Growth (YoY)	23.50%	24.30%	29.08%	22.16%	-30.42%
Cost of Revenue	26.19	23.14	17.08	14.75	14.82
Gross Profit	32.2	24.14	20.95	14.71	9.3
Selling, General & Admin	25.18	20.57	18.16	15.83	15.09
Operating Expenses	31.18	24.6	21.07	18.33	17.22
Operating Income	1.02	-0.46	-0.12	-3.62	-7.91
Interest & Investment Income	3.12	2.53	0.79	0.03	0.09
EBT Excluding Unusual Items	4.14	2.07	0.68	-3.59	-7.82
Asset Writedown	-	-	-	-	-0.38
Other Unusual Items	-	0.29	0.46	0.88	-0.04
Pretax Income	4.14	2.36	1.14	-2.71	-8.25
Income Tax Expense	0.32	-4.09	0.11	0.01	0.89
Earnings From Continuing Operations	3.82	6.46	1.03	-2.72	-9.14
Net Income	3.82	6.46	1.03	-2.72	-9.14
Net Income to Common	3.82	6.46	1.03	-2.72	-9.14
Net Income Growth	-40.92%	528.42%	-	-	-
Shares Outstanding (Basic)	53	52	52	51	49
Shares Outstanding (Diluted)	56	54	53	51	49
Shares Change (YoY)	2.63%	2.32%	3.84%	3.46%	-9.68%
EPS (Basic)	0.07	0.12	0.02	-0.05	-0.19
EPS (Diluted)	0.07	0.12	0.02	-0.05	-0.19
EPS Growth	-41.67%	507.71%	-	-	-
Free Cash Flow	22.51	27.36	25.21	14.9	12.39
Free Cash Flow Per Share	0.41	0.51	0.48	0.29	0.25
Gross Margin	55.15%	51.06%	55.10%	49.93%	38.57%
Operating Margin	1.75%	-0.97%	-0.30%	-12.27%	-32.80%
Profit Margin	6.54%	13.66%	2.70%	-9.24%	-37.90%
Free Cash Flow Margin	38.56%	57.87%	66.29%	50.57%	51.38%
EBITDA	7.02	3.57	2.79	-1.12	-5.79
EBITDA Margin	12.02%	7.54%	7.35%	-3.79%	-24.00%
D&A For EBITDA	5.99	4.03	2.91	2.5	2.12
EBIT	1.02	-0.46	-0.12	-3.62	-7.91
EBIT Margin	1.75%	-0.97%	-0.30%	-12.27%	-32.80%
Effective Tax Rate	7.79%	-	9.47%	-	-
Revenue as Reported	58.38	47.27	38.03	29.46	24.12
Advertising Expenses	0.48	0.47	0.6	0.23	0.1

Updated Mar 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q