| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
PAY Stock Overview
Payfare Inc., a financial technology company, provides instant payment and digital banking solutions to gig economy workers in Canada, the United States, and Mexico.
Payfare Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.80 |
| 52 Week High | CA$12.29 |
| 52 Week Low | CA$3.86 |
| Beta | 0 |
| 1 Month Change | 13.21% |
| 3 Month Change | -23.08% |
| 1 Year Change | -58.66% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -20.00% |
Recent News & Updates
Shareholder Returns
| PAY | CA IT | CA Market | |
|---|---|---|---|
| 7D | -7.0% | -0.2% | 1.5% |
| 1Y | -58.7% | -28.8% | 2.1% |
Return vs Industry: PAY underperformed the Canadian IT industry which returned -27.7% over the past year.
Return vs Market: PAY underperformed the Canadian Market which returned 2.1% over the past year.
Price Volatility
| PAY volatility | |
|---|---|
| PAY Average Weekly Movement | 9.5% |
| IT Industry Average Movement | 12.3% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in CA Market | 18.9% |
| 10% least volatile stocks in CA Market | 4.2% |
Stable Share Price: PAY is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: PAY's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 70 | Marco Margiotta | https://www.payfare.com |
Payfare Inc., a financial technology company, provides instant payment 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, funds transfers, bill payments, and savings wallets. Payfare Inc. was incorporated in 2012 and is headquartered in Vancouver, Canada.
Payfare Inc. Fundamentals Summary
| PAY fundamental statistics | |
|---|---|
| Market Cap | CA$227.36m |
| Earnings (TTM) | -CA$13.60m |
| Revenue (TTM) | CA$88.47m |
2.6x
P/S Ratio-16.7x
P/E RatioIs PAY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PAY income statement (TTM) | |
|---|---|
| Revenue | CA$88.47m |
| Cost of Revenue | CA$86.78m |
| Gross Profit | CA$1.69m |
| Other Expenses | CA$15.29m |
| Earnings | -CA$13.60m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.29 |
| Gross Margin | 1.91% |
| Net Profit Margin | -15.37% |
| Debt/Equity Ratio | 0% |
How did PAY perform over the long term?
See historical performance and comparison