earnings
confidence high
sentiment positive
materiality 0.75
Payoneer Q3 revenue up 30% YoY to $158.9M; raises FY2022 guidance
Payoneer Global Inc.
2022-Q3 EPS reported
-$0.01
revenue$444,065,000
- Revenue $158.9M (+30% YoY); net loss $26.5M vs income $0.8M a year ago.
- Adjusted EBITDA $12.7M (+108% YoY); FY2022 revenue guidance raised to $605-615M.
- Volume $15.1B (+11% YoY); take rate improved to 105 bps from 90 bps.
- Emerging markets revenue grew 39% YoY; B2B AP/AR volumes 12% of total, up from 9%.
- Customer funds exceed $5B; CFO expects moderate 2023 adjusted EBITDA margin expansion.