Paymentus Q4 revenue up 24.7% YoY to $164.8M; adjusted EBITDA surges 95.4%

Paymentus Holdings, Inc.

Q4 revenue $164.8M (+24.7% YoY); contribution profit $66.3M (+22.7% YoY).
Net income $9.4M ($0.07 GAAP EPS); non-GAAP net income $13.9M ($0.11 non-GAAP EPS).
Adjusted EBITDA growth 95.4% YoY, equaling 30% of contribution profit.
Company reports strong backlog, positioned for continued growth in 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Paymentus Holdings, Inc. reported the three months and full year ended December 31, 2023 results: revenue $164.8 million, net income $9.4 million, EPS $0.07.

Period: the three months and full year ended December 31, 2023
Revenue: $164.8 million
Net income: $9.4 million
EPS: $0.07
Result: reported results

Exact text from the filing

we believe leaves us well positioned for continued growth in 2024," said Dushyant Sharma, Founder and CEO. Fourth Quarter 2023 Financial and Business Highlights • Revenue was $164.8 million, an increase of 24.7% year-over-year, driven largely by increased transactions. • Gross profit was $49.5 million, an increase of 20.3% year-over-year. Adjusted gross profit (1)

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Source: SEC EDGAR

accession 0000950170-24-024852

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