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Paysign Inc   (PAYS)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $3.3200 $0.01 0.302%
Day's High: $3.34 Week Perf: 7.79 %
Day's Low: $ 3.29 30 Day Perf: 6.75 %
Volume (M): 75 52 Wk High: $ 3.99
Volume (M$): $ 249 52 Wk Avg: $2.63
Open: $3.30 52 Wk Low: $1.67



 Market Capitalization (Millions $) 178
 Shares Outstanding (Millions) 53
 Employees -
 Revenues (TTM) (Millions $) 44
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 7

Paysign Inc
Paysign Inc is a leading provider of prepaid card solutions and digital payment services. The company offers a range of products and services that cater to various industries, including payroll, healthcare, government, and online shopping. Their prepaid card solutions enable businesses to offer financial products to their customers or employees, while their digital payment services allow for seamless and secure transactions. Paysign Inc's innovative technology and extensive experience in the industry have positioned them as a trusted and reliable partner for businesses looking to enhance their payment solutions.


   Company Address: 2615 St. Rose Parkway Henderson 89052 NV
   Company Phone Number: 453-2221   Stock Exchange / Ticker: NASDAQ PAYS
   PAYS is expected to report next financial results on March 21, 2024.


   

Stock Performances by Major Competitors

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Paysign Inc

Stellar Performance: Professional Services Company Maintains Solid Income per Share Throughout Q3 2023



In the third quarter of 2023, Professional Services company, Paysign Inc, experienced impressive revenue growth, surpassing its industry peers. However, the company's profitability remained stagnant at $0.02 per share. This article will analyze the financial results of Paysign Inc, highlighting key facts and interpreting their implications within the industry.
Revenue Growth Outperforms Peers:
Paysign Inc achieved a remarkable revenue elevation of 16.38%, reaching $12.33 million in the third quarter of 2023. This growth significantly exceeded the industry average of 6.95% during the same period. In comparison to the previous year's reporting season, Paysign Inc's revenue improved by 16.168%, rising from $10.62 million. This indicates that the company's top-line performance has been strong.

Paysign Inc

Paysign Inc Records Impressive Revenue Growth of 23.456% to $10.62 Million, Outperforming Industry Peers in April-June 2023 Period



In its recently released Jun 30, 2023 report, Paysign Inc announced a surge in revenue that exceeded industry peers, showcasing its business prowess. However, despite the impressive revenue growth of 23.456% to $10.62 million, Paysign Inc's bottom line remained stagnant, reaching break-even at $0.00 per share. This article examines the financial results and puts them into context to understand the company's performance.
Revenue Growth Outperforms Industry Peers:
Comparing Paysign Inc's results to the Professional Services industry average, which reported a 7.37% revenue growth during the same period, it is evident that the company has outperformed its contemporaries. Paysign Inc's revenue grew by 23.456%, showcasing the company's ability to capture market share and outperform its competitors.

Paysign Inc

Paysign Inc's Accounts Receivable Collection Period Extended in Q1 2023, Despite Improved Receivables Turnover Ratio in Services Sector

Financial News Report:
Paysign Inc, a payment solutions company, saw a sequential decrease in its ability to collect accounts receivable in the first quarter of 2023. The average receivable collection period for the company increased to 62 days, which is 12 days longer than the previous quarter. Despite this, the company's receivables turnover ratio has improved relative to other companies in the Services sector and increasing from the previous quarter's ranking.
Although Paysign reported a surge in revenue,
its earnings did not follow a similar trend. In the first quarter of 2023, the company reached break-even at $0.00 per share. Revenue rose by 23.388% to $10.14 million compared to the same quarter a year ago. However, the earnings per share decreased from $0.01 and revenue decreased by -4.469% from $10.62 million.






 

Paysign Inc's Segments
 
 
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