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Payfare TSX:PAY Stock Report

Last Price

CA$6.94

Market Cap

CA$332.8m

7D

0.6%

1Y

6.0%

Updated

27 Mar, 2024

Data

Company Financials +

PAY Stock Overview

Payfare Inc., 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 Performance3/6
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$6.94
52 Week HighCA$7.49
52 Week LowCA$4.09
Beta1.97
1 Month Change0.29%
3 Month Change12.85%
1 Year Change5.95%
3 Year Change19.66%
5 Year Changen/a
Change since IPO15.67%

Recent News & Updates

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

Recent updates

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
7D0.6%4.7%0.4%
1Y6.0%-20.0%9.0%

Return vs Industry: PAY exceeded the Canadian Diversified Financial industry which returned -19.9% over the past year.

Return vs Market: PAY underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is PAY's price volatile compared to industry and market?
PAY volatility
PAY Average Weekly Movement4.9%
Diversified Financial Industry Average Movement7.4%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: PAY has not had significant price volatility in the past 3 months.

Volatility Over Time: PAY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201278Marco Margiottahttps://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, funds transfers, bill payments, and savings 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 headquartered in Vancouver, Canada.

Payfare Inc. Fundamentals Summary

How do Payfare's earnings and revenue compare to its market cap?
PAY fundamental statistics
Market capCA$332.75m
Earnings (TTM)CA$11.12m
Revenue (TTM)CA$174.42m

29.9x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAY income statement (TTM)
RevenueCA$174.42m
Cost of RevenueCA$145.61m
Gross ProfitCA$28.82m
Other ExpensesCA$17.70m
EarningsCA$11.12m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 01, 2024

Earnings per share (EPS)0.23
Gross Margin16.52%
Net Profit Margin6.37%
Debt/Equity Ratio0%

How did PAY perform over the long term?

See historical performance and comparison
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