Core Insights - The article discusses the author's investment philosophy, focusing on capital appreciation through high-quality undervalued companies and growth stocks that are reasonably priced [1]. Group 1: Investment Strategy - The company emphasizes the importance of investing in high-quality undervalued companies and those with high growth rates [1]. - Dividend-paying stocks are also considered, provided they are from good companies and are correctly priced [1]. Group 2: Community Engagement - The author aims to provide value to the investment community by sharing insights and opinions on stock-picking [1].

Financial Data and Key Metrics Changes - Consolidated revenue increased by 4% to $323 million, driven by growth in the three segments: NRS, fintech, and net2phone, which together grew by 16% [9][10] - Consolidated gross profit rose by 10% to a record $118 million, resulting in a gross margin of 37% [9][10] - Adjusted EBITDA reached a record $37.9 million, with an adjusted EBITDA margin of 11.7%, representing a 26% year-over-year growth [10][18] - Earnings per share (EPS) increased by 31% to $0.89, while non-GAAP diluted EPS climbed by 32% to $0.94 [10] Business Line Data and Key Metrics Changes - NRS reported a 22% increase in recurring revenue, reaching $35 million, with income from operations up 35% to $9 million [12] - The fintech segment's income from operations nearly doubled, increasing by 97% to $6 million, and adjusted EBITDA climbed 87% to $7.5 million [14] - Net2phone's income from operations increased by 94% to $2 million, while adjusted EBITDA rose by 44% to $3.6 million [16] Market Data and Key Metrics Changes - Boss Money's digital channel generated 84% of transactions, with revenue growth of 20% [12] - The fintech segment is benefiting from reduced transaction costs due to AI and machine learning, enhancing profitability [14] Company Strategy and Development Direction - The company is focusing on innovation and expanding premium services, which are becoming significant growth drivers [4] - There is a strategic shift from standalone products to holistic solutions tailored to customer needs, particularly in net2phone [7][15] - The company is exploring adjacent markets for growth, including food service and international markets [24][26] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about long-term growth opportunities through innovation in both current and adjacent markets [4][24] - The company is monitoring the impact of new federal excise taxes on cash remittances and its effects on retail businesses [22] - IDT is well-positioned to achieve its full-year adjusted EBITDA guidance of $141-$145 million, indicating a 7%-10% growth rate [18] Other Important Information - The Delaware Supreme Court dismissed all claims against IDT in the Straight Path Class Action suit, positively impacting the company [7] - The company repurchased $7.6 million in stock during the first quarter and plans to continue opportunistic buybacks [17][18] Q&A Session Summary Question: Any special dividend or accelerated buybacks expected in the second half of the year? - Management indicated they are not looking at large M&A opportunities currently but are considering small acquisitions and monitoring the market [22] Question: Are new payment processing accounts coming from businesses that do not require a POS? - Management confirmed that new accounts are coming from businesses that require a POS [23] Question: What adjacent markets are being considered for growth? - Management mentioned various adjacent markets, including food service and specialty businesses within the U.S. [24] Question: Will IDT expand into other countries in 2026? - Management stated that while they are exploring international expansion, it is not guaranteed for 2026 [26] Question: Can you provide insights on IDT Global's top-line revenue? - Management highlighted that IDT Global has been performing well in maximizing gross profit despite fluctuations in revenue [30]

Group 1 - Flywire Corporation has attracted new investment from Ararat Capital Management, which acquired 774,864 shares valued at approximately $10.5 million, indicating renewed interest after years of stock declines [1][2] - Flywire now represents 5.6% of Ararat's reportable assets under management, although it is not among the top five holdings of the fund [3] - The company's stock price is currently $13.63, reflecting a 38% decline over the past year, contrasting with the S&P 500's 13% increase during the same period [3] Group 2 - Flywire has a market capitalization of $1.7 billion and reported a total revenue of $583 million, with a net income of -$2.4 million [4] - The company specializes in cross-border payment solutions, leveraging a proprietary platform to facilitate global transactions for various sectors, including education, healthcare, travel, and B2B [4][6] - Flywire reported a 27.6% year-over-year revenue growth to $200.1 million, with adjusted EBITDA of $57.1 million and a margin of 29.4%, which is an increase of 155 basis points from the previous year [7] Group 3 - The company added over 200 new clients and raised its full-year revenue and margin guidance due to stronger-than-expected macro conditions [7] - Flywire's growth is characterized by expanding margins and significant operating leverage, making it a potentially compelling long-term investment despite stock volatility [8]

Core Thesis - Euronet Worldwide, Inc. (EEFT) is facing challenges but maintains a bullish outlook due to diversified remittance corridors, fintech transition, margin expansion, and compelling valuation despite recent market pressures [2][6][7] Financial Performance - As of November 28th, EEFT's share price was $74.09, with trailing and forward P/E ratios at 10.83 and 6.67 respectively [1] - The company experienced a revenue miss in Q3 2025, leading to a decline in share price into the $70s, attributed to short-seller pressure [2][3] - EPS guidance has been reaffirmed, indicating continued bottom-line strength despite slower top-line growth [2] Challenges - Q3 2025 revealed significant headwinds, particularly in Money Transfer due to stricter U.S. immigration enforcement and reduced low-income consumer activity [3] - ePay faced a decline after exiting a low-value top-up product, and overall margins softened due to inflation impacting travel budgets [3] Positive Developments - October Money Transfer trends showed improvement, suggesting that headwinds may be transitory [4] - New partnerships, including Heritage Grocers and a major Dandelion–Citibank integration, indicate strengthening competitive positioning [4] - Digital remittances grew by 32% year-over-year, with REN posting approximately 40% growth and software-like margins [4] Future Outlook - The updated model predicts moderated FY25 revenue but accelerating growth into FY26–FY27, supported by REN, CCRD, digital mix gains, and ongoing ATM outsourcing [5] - EPS growth is expected to remain strong due to margin expansion and buybacks, with EEFT appearing undervalued at 10.6x GAAP EPS relative to its durable earnings power [5]

Core Viewpoint - Brag House Holdings, Inc. announced a proposed merger with House of Doge, valuing the transaction at approximately $1.09 billion, as detailed in their Registration Statement filed with the SEC [1][2]. Group 1: Merger Details - The merger involves Brag House issuing approximately 663 million shares of its common stock at an implied value of $1.6434 per share, totaling around $1.09 billion [2]. - Upon completion of the merger, current stockholders of Brag House are expected to own about 7.2% of the outstanding common shares, while House of Doge's equity securityholders will own approximately 92.8% [3]. Group 2: Fairness Opinion - A fairness opinion conducted by Newbridge Securities Corporation evaluated the merger through a sum-of-the-parts analysis, considering comparable public companies in payment processing, marketing, licensing, and alternative asset management sectors [2]. Group 3: Company Overview - Brag House is a media technology gaming platform focused on transforming casual college gaming into a community-driven experience, integrating gaming, social interaction, and technology to engage the Gen Z demographic [5].

Core Viewpoint - The article does not provide specific insights or analysis regarding any company or industry, focusing instead on general information about the publication and its services [2][4][5]. Group 1 - The publication offers various financial tools and resources, including stock charts, stock checkup, and market analysis [2][5]. - It emphasizes that the information provided is for educational purposes and should not be considered as investment advice [4]. - The publication claims to source its information from reliable sources but does not guarantee its accuracy or timeliness [4].

Core Viewpoint - Mastercard Inc. is currently experiencing muted trading performance, which appears disconnected from its asset quality [1] Group 1: Company Analysis - The trading behavior of Mastercard Inc. suggests a potential undervaluation given its quality as an asset [1] - The analysis emphasizes a mix of long-term conviction holdings and tactical sector rotations as a strategy for investment [1] Group 2: Investment Strategy - The approach taken by the analyst focuses on uncovering undercovered opportunities and sectors driven by momentum [1] - The belief is that successful investing is more about generating profits than merely being correct in predictions [1]

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: The payment processing behemoth Stripe has agreed to buy U.S. billing platform Metronome, according to posts Tuesday from the companies. Stripe signed a definitive agreement to purchase the smaller company, Metronome CEO and co-founder Scott Woody said in a blog post, although he did not provide financial details or explain the timeline for the trans ...

Group 1 - Mastercard is one of the 20 largest publicly traded US companies by market capitalization and is used globally by billions of people [1] Group 2 - The article emphasizes the importance of identifying great businesses at reasonable prices for long-term investment [2] - There is a slight bias towards technology companies, but a broad perspective is maintained, including opportunities in crypto and global markets [2]

Core Insights - Block's Black Friday and Cyber Monday (BFCM) performance indicates a growing trend towards local spending, with a 10% increase in transactions compared to the previous year [1][9] Group 1: BFCM Performance - Block processed over 124 million transactions during the BFCM weekend, marking a 10% rise year over year [1][9] - Approximately 49.8 million unique consumers engaged with Block's platforms, serving over 1.3 million businesses [2][9] - Midtown Atlanta was identified as a local loyalty hotspot, with 57.9k repeat customers and 469k local transactions [2] Group 2: Consumer Behavior - The average Buy Now Pay Later (BNPL) basket size increased by 10%, indicating customers are purchasing more items per transaction [3] - Consumer spend per customer using BNPL rose by 6%, suggesting increased engagement with the Afterpay app [3] Group 3: Financial Performance - In Q3 2025, Block reported transaction-based revenues of $1.87 billion, a 9.4% increase year over year, with transaction revenues accounting for 30.6% of net revenues [4] - Square's Gross Payment Volume (GPV) reached $67.15 billion in Q3 2025, up 12.2% year over year, driven by new product launches and international expansion [5] Group 4: Market Comparison - Adyen's platform processed $43 billion during the BFCM weekend, a 27% increase year over year, with peak transactions reaching 199,000 per minute [6] - Shopify reported $14.6 billion in global sales over the BFCM weekend, up 27% from last year [7] Group 5: Valuation and Estimates - Block's shares have declined by 29.3% year to date, underperforming the broader industry and the S&P 500 Index [8] - The Zacks Consensus Estimate for full-year 2025 EPS has been revised downward, indicating a projected 28.2% decrease year over year [11]