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Payfare TSX:PAY Stock Report

Last Price

CA$8.70

Market Cap

CA$417.9m

7D

5.6%

1Y

22.2%

Updated

02 Sep, 2024

Data

Company Financials +

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.

PAY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Payfare Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Payfare
Historical stock prices
Current Share PriceCA$8.70
52 Week HighCA$8.90
52 Week LowCA$4.09
Beta2.11
11 Month Change14.47%
3 Month Change41.69%
1 Year Change22.19%
33 Year Change-22.67%
5 Year Changen/a
Change since IPO45.00%

Recent News & Updates

Payfare Inc.'s (TSE:PAY) 29% Jump Shows Its Popularity With Investors

Aug 21
Payfare Inc.'s (TSE:PAY) 29% Jump Shows Its Popularity With Investors

Do Payfare's (TSE:PAY) Earnings Warrant Your Attention?

Jul 27
Do Payfare's (TSE:PAY) Earnings Warrant Your Attention?

Recent updates

Payfare Inc.'s (TSE:PAY) 29% Jump Shows Its Popularity With Investors

Aug 21
Payfare Inc.'s (TSE:PAY) 29% Jump Shows Its Popularity With Investors

Do Payfare's (TSE:PAY) Earnings Warrant Your Attention?

Jul 27
Do Payfare's (TSE:PAY) Earnings Warrant Your Attention?

Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch

Apr 28
Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch

Further Upside For Payfare Inc. (TSE:PAY) Shares Could Introduce Price Risks After 31% Bounce

Jan 04
Further Upside For Payfare Inc. (TSE:PAY) Shares Could Introduce Price Risks After 31% Bounce

Payfare Inc. (TSE:PAY) Doing What It Can To Lift Shares

Jul 18
Payfare Inc. (TSE:PAY) Doing What It Can To Lift Shares

Rainbows and Unicorns: Payfare Inc. (TSE:PAY) Analysts Just Became A Lot More Optimistic

May 17
Rainbows and Unicorns: Payfare Inc. (TSE:PAY) Analysts Just Became A Lot More Optimistic

We're Hopeful That Payfare (TSE:PAY) Will Use Its Cash Wisely

Jan 25
We're Hopeful That Payfare (TSE:PAY) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About Payfare's (TSE:PAY) Cash Burn Situation

Oct 05
Here's Why We're Not Too Worried About Payfare's (TSE:PAY) Cash Burn Situation

Payfare (TSE:PAY) Is In A Strong Position To Grow Its Business

Jun 19
Payfare (TSE:PAY) Is In A Strong Position To Grow Its Business

Shareholder Returns

PAYCA Diversified FinancialCA Market
7D5.6%0.8%-0.07%
1Y22.2%39.8%12.8%

Return vs Industry: PAY underperformed the Canadian Diversified Financial industry which returned 39.8% over the past year.

Return vs Market: PAY exceeded the Canadian Market which returned 12.8% over the past year.

Price Volatility

Is PAY's price volatile compared to industry and market?
PAY volatility
PAY Average Weekly Movement6.5%
Diversified Financial Industry Average Movement5.4%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.0%

Stable Share Price: PAY's share price has been volatile over the past 3 months.

Volatility Over Time: PAY's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201286Marco Margiottacorp.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

How do Payfare's earnings and revenue compare to its market cap?
PAY fundamental statistics
Market capCA$417.92m
Earnings (TTM)CA$19.73m
Revenue (TTM)CA$205.11m

21.2x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAY income statement (TTM)
RevenueCA$205.11m
Cost of RevenueCA$166.39m
Gross ProfitCA$38.71m
Other ExpensesCA$18.99m
EarningsCA$19.73m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin18.87%
Net Profit Margin9.62%
Debt/Equity Ratio0%

How did PAY perform over the long term?

See historical performance and comparison