secwatch.observer — SEC 8-K summary
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Issuer:     Repay Holdings Corp (RPAY)
CIK:        0001720592
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0000950170-25-069180
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REPAY Q1 revenue $77.3M, net loss $8.2M; buyback raised to $75M
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- Revenue of $77.3M, down from $80.7M in Q1 2024; GAAP net loss widened to $8.2M from $5.4M.
- Adjusted EBITDA fell to $33.2M from $35.5M; free cash flow turned negative to -$8.0M.
- Strategic review concluded; company provides 2025 outlook expecting accelerating growth.
- Share repurchase authorization increased from $50M to $75M; $61.2M remains available.
- Gross profit declined to $58.7M from $61.5M in the prior-year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720592/000095017025069180/0000950170-25-069180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720592/000095017025069180/rpay-20250512.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-069180

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