Paymentus Q1 revenue up 24.6% to $184.9M; adjusted EBITDA rises 135.5%

Paymentus Holdings, Inc.

2024-Q1 EPS reported $0.06 revenue$184,875,000

Revenue of $184.9M, up 24.6% YoY; driven by higher transaction activity from new and existing billers.
GAAP net income of $7.2M ($0.06 EPS); non-GAAP net income $12.2M ($0.10 EPS).
Contribution profit of $69.4M (+29.6% YoY); adjusted gross profit $57.6M (+31.9%).
Adjusted EBITDA margin of 28.6% (up from prior year); positive outlook for rest of 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Paymentus Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $184.9 million, net income $7.2 million, EPS $0.06.

Period: the quarter ended March 31, 2024
Revenue: $184.9 million
Net income: $7.2 million
EPS: $0.06
Result: reported results

Exact text from the filing

and backlog, supporting our positive outlook for the rest of 2024,” said Dushyant Sharma, Founder and CEO. First Quarter 2024 Financial and Business Highlights • Revenue was $184.9 million, an increase of 24.6% year-over-year, driven largely by increased transactions. • Gross profit was $52.7 million, an increase of 31.6% year-over-year. Adjusted gross profit (1)

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

Paymentus Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-053564

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.