Payfare Inc.

PAY

CA70437C1095

Business Support Services

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-07-12 pm EDT			5-day change	1st Jan Change
6.25 ^CAD	0.00%		+1.79%	+0.64%

Jul. 08	Payfare Brief: B.Riley Says Uses a "Modest" 14x multiple of EPS to derive Its PT, "Which is not asking a lot" for a Company with high 20% top line growth, 50% EBITDA growth and margin expansion	MT
Jul. 08	Payfare Brief: B.Riley's Price Target Moves To C$12 From $10 Based On New 2025 EPS Estimate of $0.85; Has a Buy Rating	MT

Payfare Inc. Provides Revenue Guidance for Fourth Quarter of 2022

January 10, 2023 at 07:00 am EST

Payfare Inc. provided earnings guidance for the fourth quarter and full year 2022. The company announced fourth quarter of 2022 revenue guidance of $39 million, which represents growth of 125% over fourth quarter of 2021 and 9% over third quarter of 2022.

Latest news about Payfare Inc.

Payfare Brief: B.Riley Says Uses a "Modest" 14x multiple of EPS to derive Its PT, "Which is not asking a lot" for a Company with high 20% top line growth, 50% EBITDA growth and margin expansion	Jul. 08	MT
Payfare Brief: B.Riley's Price Target Moves To C$12 From $10 Based On New 2025 EPS Estimate of $0.85; Has a Buy Rating	Jul. 08	MT
Payfare Brief: B.Riley Notes Payfare Has "Finally" Audited 2023 Financials and B.Riley Is Introducing New 2025 EPS Estimates It Had Held Back Based On That Audit	Jul. 08	MT
Payfare Brief: Announced Overnight Completion of 2023 Annual Filings	Jul. 04	MT
Payfare Receives Vendor's SOC 1 Report, Provides Update on Annual Filings	Jul. 02	MT
Payfare Reports Cease Trade Order Due to Delayed Annual Filings	Jun. 19	MT
Payfare Brief: Says Anticipated date of Completion of Annual Filings Now May 31, 2024	May. 22	MT
Payfare Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
Transcript : Payfare Inc., Q4 2023 Earnings Call, Apr 29, 2024	Apr. 29
Payfare Surges 9.6%% as Q4 Adjusted Net Income Jumps 60%, Revenue Hits Record	Apr. 26	MT
Payfare Q4 Adjusted Net Income Jumps 60%, Revenue Hits Record	Apr. 26	MT
Payfare Brief: Reaffirmed Its Prior Issued Q4 and FY23 Guidance On Revenues and Earnings	Apr. 12	MT
Payfare Brief: Said Overnight It Expects To Complete Annual Filings By or Before Deadline of May 15, 2024	Apr. 12	MT
Payfare Receives Management Cease Trade Order, Reaffirms Q4, Full Year 2023 Guidance	Apr. 04	MT
MT Newswires Canada Stocks To Watch: Barrick; Descartes; Royal Bank; Americas Gold and Silver Corp; Anaergia; Payfare	Mar. 31	MT
Payfare Delays Q4 and FY23 Results Release; But Reaffirms Q4 2023 Revenue and Adjusted EBITDA Guidance of $50 Million and $7 Million, respectively	Mar. 18	MT
Payfare Brief: Reaffirms fourth quarter 2023 revenue and Adjusted EBITDA guidance of $50 million and $7 million, respectively	Mar. 18	MT
Payfare Brief: Says Has not yet received a System and Organization Controls auditor's report from one of its key service providers related to operating effectiveness of the service provider's controls.	Mar. 18	MT
Uber Launches Pro Card in Canada in Partnership With Mastercard, Payfare	Mar. 05	MT
Uber Technologies Collaborates With Mastercard, Payfare to Offer Pro Card in Canada	Mar. 05	MT
Uber Partnering with Mastercard and Payfare to Launch New Uber Pro Card in Canada	Mar. 05	MT
Payfare Brief: Uber Partners with Mastercard and Payfare to Launch New Uber Pro Card in Canada	Mar. 05	MT
Uber Partners with Mastercard and Payfare to Launch the New Uber Pro Card in Canada	Mar. 05	CI
Payfare Reports Active User Growth for Q4	Feb. 15	MT
Payfare Brief: Announcing Fourth Quarter 2023 Active User Growth	Feb. 15	MT

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Company Profile

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig workers and businesses. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. The Company offers a full application programming interface suite and a turn-key private label solution. It provides multiple worker payout options, like on-demand or automatically each day or after each task, shift or sale. It provides services to various workforces, such as trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance. Its subsidiaries include Payfare International Inc. and Payfare Mexico Inc. S.A. de C.V.

Sector

Business Support Services

Calendar

2024-08-06 - Q2 2024 Earnings Release (Projected)

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Ratings for Payfare Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.25 CAD

Average target price

11 CAD

Spread / Average Target

+76.00%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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Transaction & Payment Services

Payfare Inc.

Equities

PAY

CA70437C1095

Business Support Services

Payfare Inc. Provides Revenue Guidance for Fourth Quarter of 2022

EPS Revisions