Paysign Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	72.42	56.53	46	37.74	29.28	23.73
Other Revenue	2.46	1.85	1.27	0.29	0.18	0.39
Revenue	74.88	58.38	47.27	38.03	29.46	24.12
Revenue Growth (YoY)	32.61%	23.50%	24.30%	29.08%	22.16%	-30.42%
Cost of Revenue	30.08	26.19	23.14	17.08	14.75	14.82
Gross Profit	44.8	32.2	24.14	20.95	14.71	9.3
Selling, General & Admin	31.01	25.18	20.57	18.16	15.83	15.09
Operating Expenses	38.82	31.18	24.6	21.07	18.33	17.22
Operating Income	5.97	1.02	-0.46	-0.12	-3.62	-7.91
Interest & Investment Income	2.8	3.12	2.53	0.79	0.03	0.09
EBT Excluding Unusual Items	8.78	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	8.78	4.14	2.36	1.14	-2.71	-8.25
Income Tax Expense	1.21	0.32	-4.09	0.11	0.01	0.89
Earnings From Continuing Operations	7.56	3.82	6.46	1.03	-2.72	-9.14
Net Income	7.56	3.82	6.46	1.03	-2.72	-9.14
Net Income to Common	7.56	3.82	6.46	1.03	-2.72	-9.14
Net Income Growth	-6.24%	-40.92%	528.42%	-	-	-
Shares Outstanding (Basic)	54	53	52	52	51	49
Shares Outstanding (Diluted)	58	56	54	53	51	49
Shares Change (YoY)	5.33%	2.63%	2.32%	3.84%	3.46%	-9.68%
EPS (Basic)	0.14	0.07	0.12	0.02	-0.05	-0.19
EPS (Diluted)	0.13	0.07	0.12	0.02	-0.05	-0.19
EPS Growth	-6.00%	-41.67%	507.71%	-	-	-
Free Cash Flow	17.94	22.51	27.36	25.21	14.9	12.39
Free Cash Flow Per Share	0.31	0.41	0.51	0.48	0.29	0.25
Gross Margin	59.82%	55.15%	51.06%	55.10%	49.93%	38.57%
Operating Margin	7.98%	1.75%	-0.97%	-0.30%	-12.27%	-32.80%
Profit Margin	10.10%	6.54%	13.66%	2.70%	-9.24%	-37.90%
Free Cash Flow Margin	23.96%	38.56%	57.87%	66.29%	50.57%	51.38%
EBITDA	13.79	7.02	3.57	2.79	-1.12	-5.79
EBITDA Margin	18.41%	12.02%	7.54%	7.35%	-3.79%	-24.00%
D&A For EBITDA	7.81	5.99	4.03	2.91	2.5	2.12
EBIT	5.97	1.02	-0.46	-0.12	-3.62	-7.91
EBIT Margin	7.98%	1.75%	-0.97%	-0.30%	-12.27%	-32.80%
Effective Tax Rate	13.83%	7.79%	-	9.47%	-	-
Revenue as Reported	74.88	58.38	47.27	38.03	29.46	24.12
Advertising Expenses	-	0.48	0.47	0.6	0.23	0.1

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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