secwatch.observer — SEC 8-K summary
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Issuer:     Payoneer Global Inc. (PAYO)
CIK:        0001845815
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001558370-22-013285
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Payoneer Q2 revenue $148.2M (+34% YoY), adjusted EBITDA $14.7M; raises FY 2022 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845815/000155837022013285/0001558370-22-013285-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845815/000155837022013285/payo-20220811x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-013285

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