earnings
confidence high
sentiment positive
materiality 0.75
Payoneer Q2 revenue $148.2M (+34% YoY), adjusted EBITDA $14.7M; raises FY 2022 guidance
Payoneer Global Inc.
2022-Q2 EPS reported
$0.07
revenue$285,148,000
- Revenue of $148.2M, +34% YoY; net income $4.4M vs loss of $12.4M in Q2 2021.
- Adjusted EBITDA $14.7M, up from $0.7M in Q2 2021; transaction costs 17.7% of revenue, down 800 bps YoY.
- Raised FY 2022 revenue guidance to $580-590M; adjusted EBITDA guidance raised to $30-35M.
- Volume $14.6B, +8% YoY; take rate 101 bps, up 19 bps YoY.
- Customer funds exceeded $5B for first time; B2B AP/AR volumes grew over 65% YoY.