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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for PAY from our risk checks.
Payfare Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$6.54 |
| 52 Week High | CA$7.49 |
| 52 Week Low | CA$4.09 |
| Beta | 1.92 |
| 1 Month Change | 9.92% |
| 3 Month Change | -6.70% |
| 1 Year Change | 11.22% |
| 3 Year Change | 0.93% |
| 5 Year Change | n/a |
| Change since IPO | 9.00% |
Recent News & Updates
Payfare Inc. (TSE:PAY) Screens Well But There Might Be A Catch
Apr 28
Further Upside For Payfare Inc. (TSE:PAY) Shares Could Introduce Price Risks After 31% Bounce
Jan 04Recent updates
Payfare 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 | -2.2% | -0.4% | 1.2% |
| 1Y | 11.2% | -4.0% | 11.8% |
Return vs Industry: PAY exceeded the Canadian Diversified Financial industry which returned -3.8% over the past year.
Return vs Market: PAY matched the Canadian Market which returned 10.8% over the past year.
Price Volatility
| PAY volatility | |
|---|---|
| PAY Average Weekly Movement | 6.3% |
| Diversified Financial Industry Average Movement | 6.3% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: PAY has not had significant price volatility in the past 3 months.
Volatility Over Time: PAY's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 78 | 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, 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
| PAY fundamental statistics | |
|---|---|
| Market cap | CA$316.49m |
| Earnings (TTM) | CA$16.94m |
| Revenue (TTM) | CA$195.63m |
18.5x
P/E Ratio1.6x
P/S RatioIs PAY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PAY income statement (TTM) | |
|---|---|
| Revenue | CA$195.63m |
| Cost of Revenue | CA$159.57m |
| Gross Profit | CA$36.05m |
| Other Expenses | CA$19.11m |
| Earnings | CA$16.94m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.35 |
| Gross Margin | 18.43% |
| Net Profit Margin | 8.66% |
| Debt/Equity Ratio | 0% |
How did PAY perform over the long term?
See historical performance and comparison