PAYA · Paya Holdings Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $71.37M | $72.49M | $65.99M | - | $51.82M | $51.09M | $49.14M | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | $35.88M | $36.75M | $34.75M | - | $32.55M | $33.78M | $24.64M | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $21.07M | $22.89M | $22.45M | - | $13.96M | $14.01M | $15.58M | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $8.35M | $7.90M | $7.79M | - | $7.89M | $6.01M | $6.00M | - | - |
| Operating Income | - | $6.46M | $5.96M | $4.50M | - | $5.95M | $6.16M | $3.06M | - | - |
| Interest Expense | - | $3.49M | $3.19M | $2.99M | - | $3.14M | $4.69M | $4.64M | - | - |
| Income Tax | - | $1.43M | $945.0K | $1.10M | - | $196.0K | $853.0K | ($922.0K) | - | - |
| Net Income | - | $1.35M | $1.65M | $2.21M | - | ($2.96M) | $625.0K | ($675.0K) | - | - |
| EPS - Basic | - | $0.01 | $0.01 | $0.02 | - | ($0.02) | $0.01 | ($0.01) | - | - |
| EPS - Diluted | - | $0.01 | $0.01 | $0.02 | - | ($0.02) | ($0.02) | ($0.01) | - | - |
Balance Sheet
| Line item | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $168.83M | $155.96M | $147.31M | $133.82M | $146.80M | $133.14M | $135.57M | $133.82M | $25.96M | $50.35M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $5.46M | $1.47M | $2.77M | $1.91M | $3.13M | $1.27M | $4.46M | $3.97M | - | - |
| Current Assets | $380.27M | $296.88M | $274.78M | $262.25M | $273.57M | $244.72M | $250.41M | $122.83M | - | - |
| Total Assets | $744.26M | $665.28M | $650.17M | $643.34M | $651.05M | $624.33M | $627.21M | $475.34M | - | - |
| Current Liabilities | $222.95M | $140.52M | $127.08M | $123.75M | $131.66M | $110.34M | $113.11M | $103.67M | - | - |
| Long-term Debt | $240.13M | $240.56M | $240.99M | $241.43M | $241.87M | $242.30M | $242.72M | $220.15M | - | - |
| Total Liabilities | $487.37M | $412.72M | $400.92M | $397.70M | $409.12M | $387.79M | $387.44M | $359.31M | - | - |
| Stockholders' Equity | $256.89M | $252.57M | $249.25M | $245.64M | $241.93M | $236.54M | $134.98M | $116.03M | - | $136.09M |
| Retained Earnings | ($5.93M) | ($8.98M) | ($10.34M) | ($11.98M) | ($14.19M) | ($18.50M) | ($15.54M) | ($13.43M) | - | - |
Cash Flow
| Line item | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $4.06M | - | - | - | ($2.56M) | - | - |
| Investing Cash Flow | - | - | - | ($7.15M) | - | - | - | ($1.05M) | - | - |
| Financing Cash Flow | - | - | - | ($7.93M) | - | - | - | $23.85M | - | - |
| CapEx | - | - | - | $833.0K | - | - | - | $963.0K | - | - |
| Free Cash Flow | - | - | - | $3.23M | - | - | - | ($3.53M) | - | - |
Ratios
| Metric | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '19 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | 50.3% | 50.7% | 52.7% | - | 62.8% | 66.1% | 50.1% | - | - |
| Operating margin | - | 9.1% | 8.2% | 6.8% | - | 11.5% | 12.1% | 6.2% | - | - |
| EBITDA margin | - | 20.8% | 19.1% | 18.6% | - | 26.7% | 23.8% | 18.4% | - | - |
| Net margin | - | 1.9% | 2.3% | 3.4% | - | -5.7% | 1.2% | -1.4% | - | - |
| Free cash flow margin | - | - | - | 4.9% | - | - | - | -7.2% | - | - |
| FCF / Net income | - | - | - | 1.46 | - | - | - | 5.23 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 29.5% | 31.6% | 34.0% | - | 26.9% | 27.4% | 31.7% | - | - |
| Effective tax rate | - | 51.5% | 36.5% | 33.2% | - | - | 57.7% | - | - | - |
| Return on assets | - | 0.2% | 0.3% | 0.3% | - | -0.5% | 0.1% | -0.1% | - | - |
| Return on equity | - | 0.5% | 0.7% | 0.9% | - | -1.3% | 0.5% | -0.6% | - | - |
| Return on invested capital | - | 0.7% | 0.8% | 0.6% | - | 1.0% | 0.8% | 0.7% | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.71 | 2.11 | 2.16 | 2.12 | 2.08 | 2.22 | 2.21 | 1.18 | - | - |
| Quick ratio | 1.71 | 2.11 | 2.16 | 2.12 | 2.08 | 2.22 | 2.21 | 1.18 | - | - |
| Cash ratio | 0.76 | 1.11 | 1.16 | 1.08 | 1.11 | 1.21 | 1.20 | 1.29 | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.93 | 0.95 | 0.97 | 0.98 | 1.00 | 1.02 | 1.80 | 1.90 | - | - |
| Debt / Assets | 0.32 | 0.36 | 0.37 | 0.38 | 0.37 | 0.39 | 0.39 | 0.46 | - | - |
| Debt / EBITDA | - | 16.24 | 17.39 | 19.64 | - | 17.51 | 19.94 | 24.30 | - | - |
| Interest coverage | - | 1.9x | 1.9x | 1.5x | - | 1.9x | 1.3x | 0.7x | - | - |
| Equity multiplier | 2.90 | 2.63 | 2.61 | 2.62 | 2.69 | 2.64 | 4.65 | 4.10 | - | - |
| Liabilities / Assets | 0.65 | 0.62 | 0.62 | 0.62 | 0.63 | 0.62 | 0.62 | 0.76 | - | - |
| Efficiency | ||||||||||
| Asset turnover | - | 0.11 | 0.11 | 0.10 | - | 0.08 | 0.08 | 0.10 | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | 37.7% | 41.9% | 34.3% | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | 10.2% | 8.8% | 41.0% | - | - | - | - | - | - |
| Operating income growth (YoY) | - | 8.7% | -3.2% | 46.9% | - | - | - | - | - | - |
| Net income growth (YoY) | - | - | 163.4% | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 6.2% | 6.8% | 84.7% | 111.7% | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$249.36M totalIntegrated Solutions Segment$155.20M · 62.2%
Payment Services Segment$94.15M · 37.8%
Product / service
$488.61M totalTransaction Based Revenue$477.27M · 97.7%
Service Based Revenue$11.03M · 2.3%
Equipment Revenue$310.0K · 0.1%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing Paya Holdings Inc. against the 5 most active filers in the same SIC group.