Paysign, Inc. (PAYS)

Paysign 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	61.8	56.53	46	37.74	29.28	23.73
Other Revenue	1.99	1.85	1.27	0.29	0.18	0.39
Revenue	63.79	58.38	47.27	38.03	29.46	24.12
Revenue Growth (YoY)	26.77%	23.50%	24.30%	29.08%	22.16%	-30.42%
Cost of Revenue	26.84	26.19	23.14	17.08	14.75	14.82
Gross Profit	36.95	32.2	24.14	20.95	14.71	9.3
Selling, General & Admin	26.67	25.18	20.57	18.16	15.83	15.09
Operating Expenses	33.18	31.18	24.6	21.07	18.33	17.22
Operating Income	3.77	1.02	-0.46	-0.12	-3.62	-7.91
Interest & Investment Income	3.15	3.12	2.53	0.79	0.03	0.09
EBT Excluding Unusual Items	6.92	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	6.92	4.14	2.36	1.14	-2.71	-8.25
Income Tax Expense	0.82	0.32	-4.09	0.11	0.01	0.89
Earnings From Continuing Operations	6.09	3.82	6.46	1.03	-2.72	-9.14
Net Income	6.09	3.82	6.46	1.03	-2.72	-9.14
Net Income to Common	6.09	3.82	6.46	1.03	-2.72	-9.14
Net Income Growth	-12.05%	-40.92%	528.42%	-	-	-
Shares Outstanding (Basic)	53	53	52	52	51	49
Shares Outstanding (Diluted)	56	56	54	53	51	49
Shares Change (YoY)	1.70%	2.63%	2.32%	3.84%	3.46%	-9.68%
EPS (Basic)	0.11	0.07	0.12	0.02	-0.05	-0.19
EPS (Diluted)	0.11	0.07	0.12	0.02	-0.05	-0.19
EPS Growth	-16.77%	-41.67%	507.71%	-	-	-
Free Cash Flow	8.21	22.51	27.36	25.21	14.9	12.39
Free Cash Flow Per Share	0.15	0.41	0.51	0.48	0.29	0.25
Gross Margin	57.92%	55.15%	51.06%	55.10%	49.93%	38.57%
Operating Margin	5.91%	1.75%	-0.97%	-0.30%	-12.27%	-32.80%
Profit Margin	9.55%	6.54%	13.66%	2.70%	-9.24%	-37.90%
Free Cash Flow Margin	12.87%	38.56%	57.87%	66.29%	50.57%	51.38%
EBITDA	10.28	7.02	3.57	2.79	-1.12	-5.79
EBITDA Margin	16.11%	12.02%	7.54%	7.35%	-3.79%	-24.00%
D&A For EBITDA	6.51	5.99	4.03	2.91	2.5	2.12
EBIT	3.77	1.02	-0.46	-0.12	-3.62	-7.91
EBIT Margin	5.91%	1.75%	-0.97%	-0.30%	-12.27%	-32.80%
Effective Tax Rate	11.91%	7.79%	-	9.47%	-	-
Revenue as Reported	63.79	58.38	47.27	38.03	29.46	24.12
Advertising Expenses	-	0.48	0.47	0.6	0.23	0.1

Updated Mar 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q