secwatch.observer — SEC 8-K summary
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Issuer:     Payoneer Global Inc. (PAYO)
CIK:        0001845815
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001558370-22-008538
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Payoneer Q1 revenue up 36% to $137M; raises FY 2022 revenue guidance to $550-560M
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- Revenue of $137.0M (+36% YoY); net income of $20.2M vs net loss of $3.5M in Q1 2021.
- Adjusted EBITDA of $10.4M, up from $7.8M; volume grew 10% to $14.6B; take rate improved to 94 bps from 75 bps.
- B2B AP/AR volume grew ~58% YoY, now 11% of total volume; new customer payback period under 12 months.
- Raised FY 2022 revenue guidance to $550-560M; Adjusted EBITDA guided to ($10M)-($20M) loss.
- Management noted retained ~50% of originally forecasted revenues from Ukraine, Russia, Belarus for remainder of year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845815/000155837022008538/0001558370-22-008538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845815/000155837022008538/payo-20220512x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-008538

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer