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Payfare Inc (PAY.TO)

Payfare Inc (PAY.TO)
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Payfare Inc is a fintech company offering digital banking, instant payment, and loyalty-reward solutions. Its financial technology platform is providing financial inclusion and empowerment to next-generation workers around the globe with a full-service mobile bank account and debit card with instant access to their earnings and relevant cash-back rewards. The brands that use Payfare include Lyft, Uber, and DoorDash. Geographically, the company derives its maximum revenue from the United States. The company operates in Canada and has subsidiaries in the United States and Mexico.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 186,044 129,928 43,775 13,450 6,310
Sales Growth +43.19% +196.81% +225.48% +113.16% +75.84%
Net Income 13,124 -2,936 -21,375 -26,324 -23,903
Net Income Growth +546.95% +86.26% +18.80% -10.13% -78.30%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 301,645 217,073 224,293 31,717 36,032
Total Assets Growth +38.96% -3.22% +607.18% -11.98% +210.65%
Total Liabilities 230,399 167,448 176,421 43,876 34,049
Total Liabilities Growth +37.59% -5.09% +302.09% +28.86% +148.65%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 22,620 7,870 -14,721 -1,706 -11,313
Operating Cash Flow Growth +187.41% +153.46% -762.90% +84.92% -32.33%
Net Cash Flow 22,527 1,581 39,308 673 623
Change in Net Cash Flow +1,324.81% -95.98% +5,737.37% +8.11% +373.78%
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