Paysign Full Year 2024 Earnings: EPS Beats Expectations

Paysign (NASDAQ:PAYS) Full Year 2024 Results

Key Financial Results

• Revenue: US$58.4m (up 24% from FY 2023).
• Net income: US$3.82m (down 41% from FY 2023).
• Profit margin: 6.5% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.072 (down from US$0.12 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Paysign EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are down 4.6% from a week ago.

Risk Analysis

Be aware that Paysign is showing 2 warning signs in our investment analysis and 1 of those is significant...

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