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Sep 30, 2024
Repay Q3 2024 Earnings Report
Repay reported profitable growth and accelerating free cash flow conversion.
Key Takeaways
Repay Holdings Corporation reported a 6% increase in revenue and a 9% increase in gross profit for Q3 2024. The company's free cash flow increased by 250% year-over-year. REPAY updated its reported Free Cash Flow Conversion target from approximately 60% to approximately 65%.
9% year-over-year gross profit growth in Q3
Consumer Payments gross profit growth of approximately 2% year-over-year
Business Payments gross profit growth of approximately 67% year-over-year
Accelerated AP supplier network to over 330,000, an increase of approximately 42% year-over-year
Revenue by Segment
Forward Guidance
REPAY updated its outlook for full year 2024.
Positive Outlook
- Revenue $314 - 320 million
- Gross Profit $245 - 250 million
- Adjusted EBITDA $139 - 142 million
- Free Cash Flow Conversion ~ 65%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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