REPAY Q1 revenue +8% to $80.7M; Adj. EBITDA +15%; net loss narrows 81%

Repay Holdings Corp

2024-Q1 EPS reported -$0.06 revenue$80,720,000

Revenue $80.7M (+8% YoY); gross profit $61.5M (+9%); organic gross profit growth 11%.
Net loss $5.4M improved from $27.9M YoY; Adjusted EBITDA $35.5M (+15%).
Free cash flow $13.7M, up 93% YoY; cash from ops $24.8M (+19%).
Company reiterates 2024 outlook, including acceleration in free cash flow conversion.

item 2.02 item 7.01 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

Repay Holdings Corp updated its first quarter ended March 31, 2024 guidance (reaffirmed).

Period: first quarter ended March 31, 2024
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On May 9, 2024, Repay Holdings Corporation (the “Company”) issued a press release announcing the results of the Company’s operations for the quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0000950170-24-056930

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