PAYO - Payoneer Global Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$8.50
DETAILS
HIGH:
$9.00
LOW:
$8.00
MEDIAN:
$8.50
CONSENSUS:
$8.50
UPSIDE:
72.06%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 1,052.8 | 977.7 | 831.1 | 627.6 | 473.4 | 345.6 | 317.8 | 260.1 |
| Cost of Revenue | 230.9 | 152.1 | 122.3 | 110.2 | 101.5 | 97.0 | 94.7 | 81.4 |
| Gross Profit | 821.9 | 825.6 | 708.8 | 517.5 | 371.9 | 248.6 | 223.1 | 178.8 |
| Operating Expenses | ||||||||
| R&D Expenses | 155.4 | 134.6 | 119.2 | 115.0 | 80.8 | 52.3 | 34.8 | 29.4 |
| SG&A Expenses | 376.6 | 351.4 | 315.7 | 280.9 | 178.7 | 114.5 | 92.0 | 74.6 |
| Other Expenses | 165.3 | 190.5 | 170.3 | 143.7 | 142.6 | 99.1 | 92.6 | 76.8 |
| Operating Expenses | 697.2 | 676.6 | 605.2 | 539.7 | 402.1 | 265.8 | 219.4 | 180.7 |
| Operating Income | ||||||||
| Operating Income | 124.7 | 149.0 | 103.6 | (22.2) | (30.2) | (17.3) | 3.6 | (1.9) |
| Interest Expense | 0 | 0 | 0 | 10.1 | 0.2 | 0 | 0 | 0 |
| Interest Income | 0 | 259.3 | 242.2 | 55.3 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | 181.2 | 148.2 | 140.6 | 20.0 | (18.0) | (8.6) | 10.2 | 0.2 |
| EBIT | 115.6 | 139.5 | 132.5 | 11.7 | (25.1) | (15.4) | 4.1 | (4.1) |
| Income Before Tax | 115.6 | 139.5 | 132.5 | 1.6 | (25.3) | (15.4) | 4.1 | (4.1) |
| Income Tax Expense | 42.4 | 18.3 | 39.2 | 13.6 | 8.7 | 8.3 | 4.7 | 3.1 |
| Net Income | 73.2 | 121.2 | 93.3 | (12.0) | (34.0) | (23.7) | (0.6) | (7.2) |
| Per Share Data | ||||||||
| EPS (Basic) | 0.20 | 0.34 | 0.26 | -0.03 | -0.20 | -0.07 | -0.00 | -0.02 |
| EPS (Diluted) | 0.19 | 0.31 | 0.24 | -0.03 | -0.19 | -0.07 | -0.00 | -0.02 |
| Shares Outstanding | 361.2 | 358.3 | 361.7 | 348.0 | 340.0 | 338.4 | 338.4 | 338.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 415.5 | 497.5 | 617.0 | 543.3 | 465.9 | 103.0 | 114.9 | 104.0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 97.8 | 92.8 | 66.3 | 61.2 | 77.3 | 84.0 | 73.1 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 7,565.0 | 6,454.4 | 6,400.6 | 5,846.8 | 4,407.1 | 3,375.4 | 1,707.6 | 1,473.5 |
| Total Current Assets | 8,110.9 | 7,099.6 | 7,108.7 | 6,471.1 | 4,962.7 | 3,570.5 | 1,903.5 | 1,577.5 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 94.7 | 35.5 | 40.4 | 29.7 | 25.1 | 12.7 | 14.3 | 0 |
| Goodwill | 77.8 | 77.8 | 19.9 | 19.9 | 21.1 | 22.5 | 0 | 0 |
| Intangible Assets | 208.1 | 102.4 | 76.3 | 45.4 | 37.5 | 34.4 | 16.2 | 0 |
| Long-Term Investments | 48.5 | 0 | 0 | 6.4 | 7.0 | 6.9 | 6.6 | 0 |
| Other Non-Current Assets | 359.8 | 573.6 | 22.6 | 18.0 | 20.4 | 19.0 | 17.2 | 0 |
| Total Non-Current Assets | 845.7 | 830.7 | 174.4 | 123.5 | 116.0 | 99.2 | 57.2 | 0 |
| Total Assets | 8,956.6 | 7,930.4 | 7,283.1 | 6,594.7 | 5,078.8 | 3,669.7 | 1,960.7 | 1,577.5 |
| Current Liabilities | ||||||||
| Account Payables | 44.6 | 37.3 | 33.9 | 41.6 | 17.2 | 17.2 | 13.9 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 13.5 | 0 | 0 |
| Deferred Revenue | 7,894.5 | 6,964.2 | 6,390.5 | 5,838.6 | 4,401.3 | 3,346.7 | 1,686.8 | 0 |
| Other Current Liabilities | 87.0 | 81.5 | 67.8 | 64.5 | 47.0 | 33.2 | 26.3 | 1,394.1 |
| Total Current Liabilities | 8,083.7 | 7,131.1 | 6,542.0 | 5,977.5 | 4,497.8 | 3,440.9 | 1,743.3 | 1,394.1 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 0 | 0 | 18.4 | 16.1 | 13.7 | 26.5 | 60 | 0 |
| Deferred Tax Liabilities | 93.2 | 48.8 | 30.0 | 21.0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 10.1 | 10.1 | 10.6 | 28.2 | 80.2 | 177.9 | 162.8 | 45.1 |
| Total Non-Current Liabilities | 168.4 | 74.5 | 76.9 | 71.9 | 93.9 | 204.5 | 222.8 | 45.1 |
| Total Liabilities | 8,252.2 | 7,205.6 | 6,618.8 | 6,049.4 | 4,591.7 | 3,645.4 | 1,966.1 | 1,439.2 |
| Stockholders' Equity | ||||||||
| Common Stock | 4.1 | 4.0 | 3.7 | 3.5 | 3.4 | 0.5 | 0.2 | 0.2 |
| Retained Earnings | 179.2 | 106.0 | (15.2) | (108.5) | (94.1) | (60.1) | (36.3) | (36.0) |
| Accumulated Other Comprehensive Income | (6.3) | (12.6) | (0.2) | (0.2) | 2.3 | 4.2 | 0.1 | (0.7) |
| Total Stockholders' Equity | 704.4 | 724.8 | 664.3 | 545.3 | 487.1 | 24.3 | (5.4) | 138.3 |
| Total Liabilities & Equity | 8,956.6 | 7,930.4 | 7,283.1 | 6,594.7 | 5,078.8 | 3,669.7 | 1,960.7 | 1,577.5 |
| Debt Metrics | ||||||||
| Total Debt | 72.3 | 21.4 | 43.4 | 31.0 | 23.0 | 40.0 | 60 | 0 |
| Net Debt | (343.2) | (476.1) | (573.6) | (512.3) | (443.0) | (63.0) | (54.9) | (104.0) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 73.2 | 121.2 | 93.3 | (12.0) | (34.0) | (23.7) | (0.6) | (7.2) |
| Depreciation & Amortization | 65.6 | 45.4 | 27.8 | 20.9 | 18.0 | 17.1 | 10.3 | 7.9 |
| Stock-Based Compensation | 73.1 | 64.8 | 65.8 | 52.1 | 37.0 | 11.1 | 9.5 | 6.9 |
| Change in Working Capital | 56.2 | (40.6) | 5.4 | 53.4 | 5.8 | 6.3 | (32.4) | (15.7) |
| Other Non-Cash Items | (17.2) | 8.8 | (21.7) | (31.2) | (5.6) | (0.4) | (0.4) | 2.5 |
| Operating Cash Flow | 233.5 | 176.9 | 159.5 | 84.0 | 20.0 | 9.5 | (14.3) | (6.0) |
| Investing Activities | ||||||||
| Capital Expenditure | (26.9) | (60.4) | (47.8) | (28.8) | (20.9) | (14.0) | (17.3) | (10.9) |
| Acquisitions | (33.1) | (48.2) | 0 | 0 | 0 | (15.5) | (6.5) | 0 |
| Purchases of Investments | (446.3) | (2,079.0) | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 328.5 | 277 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (40.6) | (102.9) | (32.2) | 34.6 | 17.0 | (46.4) | (4.9) | (0.6) |
| Investing Cash Flow | (218.3) | (1,961.3) | (44.3) | 5.7 | 10.2 | (66.9) | (20.6) | (11.4) |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | (18.4) | 2.3 | 2.6 | (26.4) | (20.0) | 60 | 0 |
| Stock Repurchased | (174.9) | (137.5) | (55.4) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 912.3 | 583.7 | 551.9 | 1,437.4 | 1,443.4 | 1,660.8 | 293.7 | 553.6 |
| Financing Cash Flow | 738.0 | 427.8 | 512.0 | 1,461.3 | 1,396.2 | 1,673.5 | 353.7 | 553.6 |
| Cash Position | ||||||||
| Net Change in Cash | 758.5 | (1,360.2) | 631.6 | 1,548.3 | 1,425.1 | 1,616.8 | 319.4 | 533.7 |
| Cash at Beginning | 5,658.2 | 7,018.4 | 6,386.7 | 4,838.4 | 3,413.3 | 1,796.5 | 1,477.1 | 943.5 |
| Cash at End | 6,416.7 | 5,658.2 | 7,018.4 | 6,386.7 | 4,838.4 | 3,413.3 | 1,796.5 | 1,477.1 |
| Free Cash Flow | 206.6 | 116.5 | 111.7 | 55.1 | (0.9) | (4.5) | (31.6) | (16.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 1,052.8 | 977.7 | 831.1 | 627.6 | 473.4 | 345.6 | 317.8 | 260.1 |
| Gross Profit | 821.9 | 825.6 | 708.8 | 517.5 | 371.9 | 248.6 | 223.1 | 178.8 |
| Operating Income | 124.7 | 149.0 | 103.6 | (22.2) | (30.2) | (17.3) | 3.6 | (1.9) |
| Net Income | 73.2 | 121.2 | 93.3 | (12.0) | (34.0) | (23.7) | (0.6) | (7.2) |
| EPS (Diluted) | 0.19 | 0.31 | 0.24 | -0.03 | -0.19 | -0.07 | -0.00 | -0.02 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 415.5 | 497.5 | 617.0 | 543.3 | 465.9 | 103.0 | 114.9 | 104.0 |
| Total Assets | 8,956.6 | 7,930.4 | 7,283.1 | 6,594.7 | 5,078.8 | 3,669.7 | 1,960.7 | 1,577.5 |
| Total Debt | 72.3 | 21.4 | 43.4 | 31.0 | 23.0 | 40.0 | 60 | 0 |
| Stockholders' Equity | 704.4 | 724.8 | 664.3 | 545.3 | 487.1 | 24.3 | (5.4) | 138.3 |
| Cash Flow | ||||||||
| Operating Cash Flow | 233.5 | 176.9 | 159.5 | 84.0 | 20.0 | 9.5 | (14.3) | (6.0) |
| Capital Expenditure | (26.9) | (60.4) | (47.8) | (28.8) | (20.9) | (14.0) | (17.3) | (10.9) |
| Free Cash Flow | 206.6 | 116.5 | 111.7 | 55.1 | (0.9) | (4.5) | (31.6) | (16.9) |