PAY Stock Overview
A financial technology company, provides instant payout and digital banking solutions to gig economy workers in Canada, the United States, and Mexico. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Payfare Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.07 |
| 52 Week High | CA$8.90 |
| 52 Week Low | CA$1.76 |
| Beta | 1.67 |
| 1 Month Change | -2.36% |
| 3 Month Change | -75.42% |
| 1 Year Change | -62.84% |
| 3 Year Change | -75.06% |
| 5 Year Change | n/a |
| Change since IPO | -65.50% |
Recent News & Updates
Recent updates
Little Excitement Around Payfare Inc.'s (TSE:PAY) Earnings As Shares Take 71% Pounding
Oct 09
Payfare Inc.'s (TSE:PAY) 29% Jump Shows Its Popularity With Investors
Aug 21Do Payfare's (TSE:PAY) Earnings Warrant Your Attention?
Jul 27Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch
Apr 28Further Upside For Payfare Inc. (TSE:PAY) Shares Could Introduce Price Risks After 31% Bounce
Jan 04Payfare Inc. (TSE:PAY) Doing What It Can To Lift Shares
Jul 18Rainbows and Unicorns: Payfare Inc. (TSE:PAY) Analysts Just Became A Lot More Optimistic
May 17We're Hopeful That Payfare (TSE:PAY) Will Use Its Cash Wisely
Jan 25Here's Why We're Not Too Worried About Payfare's (TSE:PAY) Cash Burn Situation
Oct 05Payfare (TSE:PAY) Is In A Strong Position To Grow Its Business
Jun 19Shareholder Returns
| PAY | CA Diversified Financial | CA Market | |
|---|---|---|---|
| 7D | -6.3% | 0.1% | -1.9% |
| 1Y | -62.8% | 11.3% | 17.8% |
Return vs Industry: PAY underperformed the Canadian Diversified Financial industry which returned 11.3% over the past year.
Return vs Market: PAY underperformed the Canadian Market which returned 17.8% over the past year.
Price Volatility
| PAY volatility | |
|---|---|
| PAY Average Weekly Movement | 22.4% |
| Diversified Financial Industry Average Movement | 4.4% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.5% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: PAY's share price has been volatile over the past 3 months compared to the Canadian market.
Volatility Over Time: PAY's weekly volatility has increased from 13% to 22% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 86 | Marco Margiotta | corp.payfare.com |
Payfare Inc., a financial technology company, provides instant payout and digital banking solutions to gig economy workers in Canada, the United States, and Mexico. The company offers PayFare, a platform that provides access to earnings, as well as banking services, such as ATM withdrawals, money transfers, payment cards, and mobile wallets; Paid Portal by Payfare, a payout solution for gig workforces; and Paid App by Payfare, a digital banking app. Payfare Inc. was incorporated in 2012 and is based in Vancouver, Canada.
Payfare Inc. Fundamentals Summary
| PAY fundamental statistics | |
|---|---|
| Market cap | CA$106.23m |
| Earnings (TTM) | CA$19.38m |
| Revenue (TTM) | CA$216.87m |
5.2x
P/E Ratio0.5x
P/S RatioIs PAY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PAY income statement (TTM) | |
|---|---|
| Revenue | CA$216.87m |
| Cost of Revenue | CA$174.71m |
| Gross Profit | CA$42.16m |
| Other Expenses | CA$22.78m |
| Earnings | CA$19.38m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.40 |
| Gross Margin | 19.44% |
| Net Profit Margin | 8.94% |
| Debt/Equity Ratio | 0% |
How did PAY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:28 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Payfare Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harold Goetsch | B. Riley Securities, Inc. |
| Joseph Vafi | Canaccord Genuity |
| Joshua Siegler | Cantor Fitzgerald & Co. |