earnings
confidence high
sentiment positive
materiality 0.80
Payoneer reports record Q4 revenue $183.6M (+32% YoY); FY revenue $627.6M (+33%); guides FY23 revenue $800-810M
Payoneer Global Inc.
2022-FY EPS reported
-$0.03
revenue$627,623,000
- Q4 revenue $183.6M (+32% YoY); FY revenue $627.6M (+33% YoY). Net loss Q4 $10.2M, FY $12.0M.
- Adjusted EBITDA Q4 $10.6M (-22% YoY) but FY $48.5M (+72% YoY). FY23 guidance: revenue $800-810M, adj. EBITDA $120-130M.
- Volume $16.9B in Q4 (+5% YoY), $61.3B for FY (+8%). Take rate 109 bps Q4, 102 bps FY.
- B2B AP/AR volumes up 39% YoY; Commercial Mastercard usage up 3-fold; transaction costs as % of revenue down 380 bps.
- Leadership: John Caplan to become sole CEO; Bea Ordonez to become CFO. Received e-Money license in UK, Singapore license approval in principle.