Paysign Intrinsic Stock Value – PAYSIGN Reports Record Earnings for Q2 of FY2023
August 11, 2023
🌥️Earnings Overview
On August 8 2023, PAYSIGN ($NASDAQ:PAYS) announced their earnings results for the second quarter of fiscal year 2023 (ending June 30 2023). Total revenue for the quarter had increased by 28.4% year-over-year to USD 11.0 million, while net income was up from the -0.23 million reported in the same period of the previous year to USD -0.1 million.
Market Price
PAYSIGN recently reported record earnings for the second quarter of the fiscal year 2023. On Tuesday, the company’s stock opened at $1.9 and closed at $1.8, down by 1.1% from its last closing price of $1.9. This was driven by strong sales and subscription fees that more than doubled compared to the same period in the previous year. PAYSIGN’s CEO, David Panzirer, stated that these record earnings are a result of the company’s strategic focus on developing innovative payment solutions and expanding its global reach.
He further added that the company is well-positioned to continue to grow in the coming quarters. Overall, PAYSIGN’s strong performance in the second quarter of FY2023 is a testament to its commitment to delivering quality payment solutions and services. With a promising outlook ahead, investors can look forward to seeing further growth in the company’s share prices. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Paysign. PAYSIGN_Reports_Record_Earnings_for_Q2_of_FY2023″>More…
| Total Revenues | Net Income | Net Margin |
| 42.4 | 1.3 | 3.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Paysign. PAYSIGN_Reports_Record_Earnings_for_Q2_of_FY2023″>More…
| Operations | Investing | Financing |
| 9.07 | -5.56 | -0.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Paysign. PAYSIGN_Reports_Record_Earnings_for_Q2_of_FY2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 108.86 | 92.35 | 0.32 |
Key Ratios Snapshot
Some of the financial key ratios for Paysign are shown below. PAYSIGN_Reports_Record_Earnings_for_Q2_of_FY2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.8% | -61.6% | -1.1% |
| FCF Margin | ROE | ROA |
| 8.3% | -1.7% | -0.3% |
Analysis – Paysign Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of PAYSIGN‘s fundamentals to determine its intrinsic value. After applying our proprietary Valuation Line, we determined that the intrinsic value of a PAYSIGN share is around $4.7. This figure is substantially higher than the current market price for PAYSIGN stock, which is $1.8. This implies that the market is valuing PAYSIGN’s stock at 61.4% less than its true worth, making it an attractive buy for savvy investors. More…
Peers
The company offers a range of services, including credit and debit card processing, ACH processing, and check processing. PaySign has a strong focus on security and compliance, and offers a suite of tools to help businesses protect their data and comply with industry regulations. The company also offers a mobile payment processing solution, which allows businesses to accept payments via smartphone or tablet. PaySign competes with a number of other payment processing companies, including Worldline SA, EVO Payments Inc, and Ease2pay NV.
– Worldline SA ($LTS:0QVI)
Worldline SA is a payment processing company that offers a wide range of services, including point-of-sale terminals, online payment platforms, and mobile payment solutions. The company has a market cap of 12.3 billion as of 2022 and a return on equity of 2.18%. Worldline SA is headquartered in France and has a presence in over 30 countries around the world.
– EVO Payments Inc ($NASDAQ:EVOP)
Evo Payments, Inc. is a holding company, which engages in the provision of payment technology and solutions. It operates through the following segments: North America, Europe, and Asia-Pacific. The North America segment offers acquiring and issuing payment solutions. The Europe segment provides services in the United Kingdom, Germany, Spain, Poland, and France. The Asia-Pacific segment comprises of Australia and New Zealand. The company was founded on November 7, 2007 and is headquartered in Atlanta, GA.
– Ease2pay NV ($LTS:0E63)
Ease2pay NV is a provider of online payment solutions. The company offers a range of products and services that allow businesses to accept and process payments online. Ease2pay NV has a market cap of 42.38M as of 2022. The company’s Return on Equity for the same period is -6.13%.
Summary
PAYSIGN Inc. released its financial results for the second quarter of the fiscal year 2023 (ending June 30 2023) on August 8 2023. The company reported total revenue of USD 11.0 million, which represented a 28.4% year-on-year increase. Net income for the quarter was USD -0.1 million, a marked improvement from the losses reported in the same period a year ago. This strong financial performance from PAYSIGN is a positive sign for investors and suggests that the company is well-positioned for future growth.
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