earnings
confidence high
sentiment positive
materiality 0.70
REPAY Q2 2024: gross profit +7%, adj EBITDA +10%, FCF +93% YoY
Repay Holdings Corp
2024-Q2 EPS reported
-$0.10
revenue$155,626,000
- Revenue of $74.9M (+4% YoY); gross profit $58.6M (+7% YoY).
- Net loss narrowed to $4.2M from $5.3M (21% improvement).
- Adjusted EBITDA $33.7M (+10% YoY); margin expanded.
- Free cash flow surged to $19.3M (+93% YoY).
- Company reiterates full-year 2024 outlook with accelerating FCF conversion.