Payoneer Earnings Reports

Payoneer delivered strong Q4 2024 results with a 17% revenue increase to $261.7 million. Net income declined by 33% to $18.2 million, while adjusted EBITDA rose 21% to $63.3 million. Total transaction volume reached $22.5 billion, an 18% increase year-over-year, supported by robust B2B and marketplace segment growth. The company continues to focus on expanding its financial stack and regulatory capabilities.

Payoneer delivered record quarterly volume and revenue, and significant profitability in the third quarter of 2024. The company is building a full-service financial stack for global cross-border SMBs and accelerating growth and profitability across its business.

Payoneer reported a strong second quarter with a 16% increase in revenue to $239.5 million and a net income of $32.4 million. The company saw a 22% increase in volume and a 10% increase in active ICPs. Payoneer also announced the acquisition of Skuad to expand its global workforce management services.

Payoneer delivered record quarterly revenue of $228.2 million, up 19% year-over-year, driven by strong growth across the entire platform. The company grew ICPs by 8% and generated 21% volume growth. Net income increased by 265% year-over-year to $29.0 million.

Payoneer reported a strong fourth quarter and full year 2023, marked by 22% year-over-year revenue growth in Q4, reaching $224.3 million, and a net income of $27.0 million. The company's active Ideal Customer Profiles (ICPs) grew by 6% year-over-year, and transaction volume increased by 16% to $19.0 billion. Looking ahead, Payoneer provided revenue guidance for 2024 of $875 million to $885 million.

Payoneer reported a strong third quarter with record revenue of $208 million, a 31% increase year-over-year. Net income was $12.8 million, and adjusted EBITDA reached $58.2 million, a 357% increase year-over-year. The company reiterated its 2023 revenue guidance and raised its adjusted EBITDA guidance.

Payoneer's Q2 2023 results showcased record revenue, up 40% year-over-year, driven by growth in active ICPs and increased monetization. Net income saw a substantial increase, and the company announced strategic acquisitions and partnerships to further growth.

Payoneer reported a 40% year-over-year revenue increase in Q1 2023, reaching $192 million. Net income was $7.9 million, and adjusted EBITDA grew significantly to $38.8 million. The company is focused on acquiring customers who meet their Ideal Customer Profiles (ICPs) and has raised its 2023 guidance.

Payoneer reported record fourth quarter and full year revenue, generating more than 30% year-over-year growth for both periods. The company is focused on long-term growth and operating efficiency, becoming the partner of choice for emerging market SMBs.

Payoneer reported a strong third quarter, achieving 30% year-over-year revenue growth. The company's performance was driven by solid customer acquisition, adoption of High Value Services, and accelerating interest income revenue from customer funds.

Payoneer's Q2 2022 results showed strong revenue growth of 34% year-over-year, positive adjusted EBITDA, and an increase in full-year revenue and adjusted EBITDA guidance. The company's multi-year investments in a diverse and global business model across industries, products, and geographies drove the results.

Payoneer Global Inc. reported a 36% increase in revenue to $137.0 million compared to Q1 2021. Net income was $20.2 million, a significant improvement from the net loss of $3.5 million in Q1 2021. The company's performance was driven by increased adoption of higher value services and strong customer acquisition.

Payoneer reported strong Q2 2021 financial results with revenue well ahead of internal targets. The company raised its full-year revenue outlook and expects to generate positive adjusted EBITDA in 2021.