Paymentus Holdings, Inc. (NYSE:PAY) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET Company Participants David Hanover - Investor Relations Dushyant Sharma - Founder and Chief Executive Officer Sanjay Kalra - Chief Financial Officer Conference Call Participants John Davis - Raymond James Dave Koning - Baird Tyler DuPont - Bank of America Andrew Estes - Wolfe Research Tien-Tsin Huang - JPMorgan Will Nance - Goldman Sachs Operator Good day and welcome to Paymentus' First Quarter 2023 Earnings Call. Th ...

| --- | --- | --- | --- | --- | --- | |----------------------------------------|--------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | EARNINGS CONFERENCE CALL MAY 8TH, 2023 | FIRST QUARTER 2023 | | | | | | DUSHYANT SHARMA President & CEO | SANJAY KALRA CFO | | | | | DISCLAIMER In addition, forward-looking statements reflect our current beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this presentation an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 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) | | Delaware | 45-3188251 | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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, 2022 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) Delaware 45-3188251 (State or other jurisdiction of incorporation or organizatio ...

Financial Data and Key Metrics Changes - Revenue for Q4 2022 was $132.2 million, up 22.2% year-over-year, while full-year revenue reached $497 million, representing a growth of almost 26% [12][13][33] - Contribution profit for Q4 2022 was $54.1 million, up 19.4% year-over-year, and for the full year, it was $201.3 million, reflecting a 27% increase [12][13][34] - Adjusted EBITDA for Q4 2022 was $10.2 million, with a margin of almost 19%, while the full-year adjusted EBITDA was $28.6 million, with a margin of 14.2% [12][22][44] Business Line Data and Key Metrics Changes - The company launched a product for small- and medium-sized businesses (SMBs), which is expected to expand the total addressable market (TAM) and shift interchange from a cost center to a revenue center [11][21] - The company processed 97.2 million transactions in Q4 2022, a 16.7% increase year-over-year, and for the full year, 366.9 million transactions were processed, marking a 30.8% increase compared to 2021 [31][32] Market Data and Key Metrics Changes - The company expanded its instant payment network through a partnership with Green Dot, allowing cash payments at over 90,000 retail locations across the U.S. [16] - The company signed a large bank, Citizens Financial Group, for consumable payment with its Bill Center product, indicating strong interest from larger institutions [15] Company Strategy and Development Direction - The company aims to leverage its IP ecosystem to reach a broader TAM and transform interchange into a revenue source through its SMB offering [54] - Continued investments in sales and marketing are planned to drive topline revenue growth while seeking expanded margins in 2023 [55] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth prospects of the business despite macroeconomic challenges, emphasizing the resilience of the business [53][51] - The company expects revenue for 2023 to be between $575 million and $600 million, representing 16% to 21% growth, with contribution profit anticipated between $224 million and $237 million [22][40] Other Important Information - The company had $147.3 million in cash and cash equivalents as of December 31, 2022, with a decrease attributed to the acquisition of an SMB product [39] - Non-GAAP net income for Q4 2022 was $3.0 million, with a non-GAAP EPS of $0.02 [46] Q&A Session Summary Question: Discussion on Biller Direct vs. Bank Aggregator models - Management clarified that the strategy involves pursuing both models, with a focus on modernizing the payment experience for banks and billing companies [60][62] Question: Readiness of the SMB product - Management confirmed that the SMB product is live and operational, with ongoing efforts to grow this segment [66][68] Question: Changes in consumer payment behavior - Management noted a steady mix of payment methods, with a slight increase in advanced payment methods like Venmo and PayPal, but no significant shifts in credit usage [71] Question: Pricing actions and inflation impact - Management indicated that pricing actions will continue throughout the year to address inflationary pressures, which have impacted EBITDA margins [75][76] Question: Biller count and implementation pipeline - Management confirmed achieving over $100 million in new bookings and indicated a strong start to the year regarding the implementation pipeline [84][85]

Q4 and Full Year 2022 Financial Results February 23, 2023 Disclaimer In addition, forward-looking statements reflect our current beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this presentation and webcast, and although we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted a thorough inquiry in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 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) Delaware 45-3188251 (State or other jur ...

Paymentus Holdings, Inc. (NYSE:PAY) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants Paul Seamon - Interim Chief Financial Officer Dushyant Sharma - Founder and CEO Conference Call Participants John Davis - Raymond James Dave Koning - Baird Operator Good day, and welcome to Paymentus' Third Quarter 2022 Earnings Call. This call is being recorded. All participants are currently in a listen-only mode. There will be opportunity for questions following management's prepared rema ...

Q3 Financial Results November 9, 2022 Paymentus 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," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believe ...

Paymentus Holdings, Inc. (NYSE:PAY) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Paul Seamon - Vice President, Financial and Strategy Dushyant Sharma - Founder and CEO Matt Parson - CFO Conference Call Participants Andrew Bauch - SMBC John Davis - Raymond James Jeff Cantwell - Wells Fargo Dave Koning - Baird Operator Good day, and welcome to Paymentus' Second Quarter 2022 Earnings Call. This call is being recorded [Operator Instructions]. At this time, I would like to han ...