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
Payfare Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.12 |
| 52 Week High | CA$8.90 |
| 52 Week Low | CA$1.76 |
| Beta | 1.8 |
| 11 Month Change | -2.75% |
| 3 Month Change | -72.86% |
| 1 Year Change | -56.38% |
| 33 Year Change | -77.40% |
| 5 Year Change | n/a |
| Change since IPO | -64.67% |
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 | 3.9% | 2.4% | -0.7% |
| 1Y | -56.4% | 19.0% | 20.2% |
Return vs Industry: PAY underperformed the Canadian Diversified Financial industry which returned 19% over the past year.
Return vs Market: PAY underperformed the Canadian Market which returned 20.2% over the past year.
Price Volatility
| PAY volatility | |
|---|---|
| PAY Average Weekly Movement | 22.0% |
| Diversified Financial Industry Average Movement | 4.6% |
| Market Average Movement | 8.3% |
| 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$103.85m |
| Earnings (TTM) | CA$19.38m |
| Revenue (TTM) | CA$216.87m |
5.3x
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 comparison