Paysauce is finally hitting its stride - now being profitable and showing 32% revenue growth YoY (2023-24) along with the other following Q3 highlights reported January 14th 2025:
- ARR of $9.1m (Up 11% YoY)
- Recurring revenue of $2.3m for the quarter (Up 14% YoY)
- Processing fee revenue of $1.7m for the quarter (Up 19% YoY)
- Customers at end of the quarter: 8,127 (Up 11% YoY)
One can only conclude that the continued growth will continue through 2025 and beyond as interest rates reduce further and the economy restabilises affecting growth within the overall SME market across NZ and other key asia-pac markets.
Debt is still low and barely reportable through mainstream channels. Combined with a relatively static 140M shares on-market and no reasons to dilute further I'm rating Paysauce as a Buy.
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