Paymentus (PAY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual inv ...

Industry Overview - Mobile payments are financial transactions conducted via smartphones, tablets, or wearable devices, eliminating the need for cash or physical cards [1] - The global mobile payments market was valued at $88.5 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 38% from 2025 to 2030, driven by smartphone penetration and e-commerce growth [4] Technological Advancements - Technologies such as blockchain and artificial intelligence are enhancing transaction transparency, automating processes, and improving fraud prevention in mobile payments [2] - Digital wallets and contactless technologies, including NFC, are facilitating seamless transactions and peer-to-peer transfers [1][2] Key Players - Affirm Holdings, Inc. is known for its "Buy Now, Pay Later" solutions, allowing consumers to split purchases into biweekly or monthly payments, with 21 million active consumers and 337,000 active merchants as of December 31, 2024 [6][7] - Fiserv, Inc. offers a comprehensive suite of mobile payment solutions, including Clover Go, which supports around 3.5 million POS devices globally and has been adopted by over 2,100 financial institutions [9][10] - MercadoLibre, Inc. operates Mercado Pago, which processed approximately 11.3 billion transactions last year and has over 56 million monthly active users, highlighting its significant growth potential in Latin America [13][14] - Paymentus Holdings, Inc. provides an all-in-one electronic bill presentment and payment platform, processing 166 million transactions in the fourth quarter of 2024, showcasing its operational scale [16][18] Market Trends - The COVID-19 pandemic has accelerated the demand for contactless and secure payment solutions, further driving the adoption of mobile payments [3] - Companies are leveraging strategic partnerships to enhance their service offerings and expand into new markets, such as Affirm's collaboration with Shopify for international expansion [8]

Paymentus Holdings, Inc. (NYSE:PAY) Q4 2024 Earnings Conference Call March 10, 2025 5:00 PM ET Company Participants David Hanover - Investor Relations Dushyant Sharma - Founder & Chief Executive Officer Sanjay Kalra - Chief Financial Officer Conference Call Participants Dave Koning - Baird Tien-Tsin Huang - JPMorgan John Davis - Raymond James Andrew Bauch - Wells Fargo Matt O'Neill - FT Partners Operator Good day, and welcome to the Fourth Quarter and Full Year 2024 Paymentus Earnings Conference Call. This ...

Paymentus (PAY) Q4 2024 Earnings Call March 10, 2025 11:24 PM ET Company Participants David Hanover - Investor RelationsDushyant Sharma - Founder and Chief Executive OfficerSanjay Kalra - Senior VP, CFO & Principal Accounting OfficerJohn Davis - Managing DirectorAndrew Bauch - Director - Equity ResearchMatthew O'Neill - Managing Director Conference Call Participants David Koning - Senior Research AnalystTien-tsin Huang - Senior Analyst Operator participants are currently in a listen only mode. There will be ...

Paymentus (PAY) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this electronic bill payment services would post earnings of $0.09 per share when it actually produced earnings of $0.15, delivering a surprise of 66.67%.Over the last four quart ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40429 Paymentus Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organiza ...

FOURTH QUARTER 2024 EARNINGS CONFERENCE CALL March 10, 2025 DUSHYANT SHARMA President & CEO SANJAY KALRA CFO EARNINGS REPORT DISCLAIMER This presentation and the accompanying webcast contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such statements, other than statements of historical facts, are forward-looking statements. Generally, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anti ...

Financial Performance - Fourth quarter revenue reached a record $257.9 million, a year-over-year increase of 56.5% driven by increased billers and transactions[5] - Adjusted EBITDA for the fourth quarter was $27.3 million, representing a 31.6% adjusted EBITDA margin, a 36.9% increase year-over-year[5] - Full year revenue was $871.7 million, an increase of 41.9% year-over-year, also driven by increased billers and transactions[5] - The company processed 166.0 million transactions in Q4 2024, a 33.0% increase year-over-year, and 597.0 million transactions for the full year, a 30.3% increase[5] - Non-GAAP net income for Q4 was $16.3 million, compared to $11.8 million in the prior period, with diluted non-GAAP earnings per share at $0.13 compared to $0.09[5] - Contribution profit for Q4 was $86.2 million, a year-over-year increase of 30.0%[5] - Gross profit for the full year was $238.2 million, an increase of 30.6% year-over-year, with adjusted gross profit at $259.6 million, up 30.4%[5] - Diluted GAAP earnings per share for Q4 was $0.10, compared to $0.07 in the prior period, reflecting overall improved profitability[5] - Revenue for Q4 2024 reached $257,877,000, a 56.5% increase from $164,800,000 in Q4 2023[27] - Gross profit for Q4 2024 was $66,029,000, up 33.4% from $49,492,000 in Q4 2023[27] - Net income for the year ended December 31, 2024, was $44,169,000, representing a 97.9% increase compared to $22,322,000 in 2023[27] - Net income for Q4 2024 was $13,149,000, a 40.5% increase from $9,402,000 in Q4 2023[36] - Adjusted EBITDA for Q4 2024 reached $27,278,000, up 37.0% from $19,925,000 in Q4 2023, with an adjusted EBITDA margin of 31.6% compared to 30.0% in the previous year[36] - Non-GAAP net income after tax adjustments for Q4 2024 was $16,298,000, a 38.5% increase from $11,790,000 in Q4 2023[39] Future Outlook - For fiscal year 2025, the company expects revenue between $1,040 million and $1,060 million, and adjusted EBITDA between $112 million and $116 million[8] - The company ended 2024 with strong bookings and backlog, indicating confidence in delivering solid growth in 2025[2] Cash and Assets - Total current assets increased to $345,641,000 in 2024 from $270,348,000 in 2023, a growth of 28%[29] - Cash and cash equivalents at the end of Q4 2024 were $205,900,000, compared to $179,361,000 at the end of Q4 2023, an increase of 14.8%[31] - Total assets grew to $576,247,000 in 2024 from $504,863,000 in 2023, marking a 14.1% increase[29] - The company reported a net cash provided by operating activities of $27,913,000 for Q4 2024, compared to $24,441,000 in Q4 2023[41] - The total net cash used in investing activities for Q4 2024 was $9,144,000, compared to $8,449,000 in Q4 2023[41] Expenses - Research and development expenses for the year increased to $51,334,000 in 2024 from $44,248,000 in 2023, a rise of 16.8%[27] - Operating expenses for the year totaled $193,313,000, compared to $164,249,000 in 2023, reflecting a 17.7% increase[27] - Operating expenses on a GAAP basis for Q4 2024 were $51,839,000, compared to $40,352,000 in Q4 2023, reflecting a 28.5% increase[38] - Non-GAAP operating expenses for Q4 2024 were $47,283,000, up from $36,706,000 in Q4 2023, indicating a 28.7% increase[38] Stock-Based Compensation - The company experienced a significant increase in stock-based compensation, which rose to $3,431,000 in Q4 2024 from $2,499,000 in Q4 2023[39] Free Cash Flow - Free cash flow for Q4 2024 was $18,951,000, an increase from $15,992,000 in Q4 2023[41]

Core Insights - Paymentus Holdings, Inc. is set to release its fourth-quarter financial results on March 10, with expected earnings of 12 cents per share, an increase from 9 cents per share year-over-year [1] - The company projects quarterly revenue of $222.06 million, up from $164.8 million in the same period last year [1] Financial Performance - On November 12, 2024, Paymentus reported better-than-expected third-quarter results and provided FY24 revenue guidance above estimates [2] - Following the report, Paymentus shares experienced a slight decline of 0.2%, closing at $25.95 [2] Analyst Ratings - Wells Fargo analyst Andrew Bauch maintained an Equal-Weight rating and raised the price target from $27 to $33 [3] - Baird analyst David Koning kept an Outperform rating and increased the price target from $25 to $36 [3] - JP Morgan analyst Tien-Tsin Huang maintained a Neutral rating and raised the price target from $21 to $26 [3]

Group 1 - The notification pertains to an acquisition of voting rights by Ameriprise Financial, Inc. in PayPoint PLC, a UK issuer [1][2] - The threshold for voting rights was crossed on February 14, 2025, with the issuer being notified on February 18, 2025 [2][10] - Ameriprise Financial, Inc. holds 3,137,618 voting rights, representing 4.407% of the total voting rights in PayPoint PLC [2][8] Group 2 - The previous position held by Ameriprise Financial, Inc. was 5.651% of the voting rights, indicating a decrease in holdings [2] - The voting rights are held indirectly, with no direct voting rights reported [2][8] - The chain of controlled undertakings shows that Ameriprise Financial, Inc. has multiple wholly owned subsidiaries, indicating a complex ownership structure [8][9]