Payoneer Q2 revenue $206.7M (+40% YoY); net income $45.5M; raises FY2023 guidance

Payoneer Global Inc.

2023-Q2 EPS reported $0.14 revenue$398,748,000

Revenue $206.7M, up 40% YoY; net income $45.5M vs $4.4M; adjusted EBITDA $56.0M, +280%.
Active ICPs 495k (+6% YoY); volume $15.8B (+8%); take rate 131bps (+30bps).
Announced agreement to acquire a licensed China-based payment service provider; acquired Spott data platform.
Raised FY2023 guidance: revenue $820-830M, adjusted EBITDA $160-170M, transaction costs ~15.5%.
$20M share repurchases in Q2.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Payoneer Global Inc. reported second quarter ended June 30, 2023 results: revenue $206.7, net income $45.5. Guidance raised.

Period: second quarter ended June 30, 2023
Revenue: $206.7
Net income: $45.5
Guidance: raised
Result: reported results

Exact text from the filing

2023 Financial Highlights ($ in mm) 2Q 2022 3Q 2022 4Q 2022 1Q 2023 2Q 2023 YoY Change Revenue $ 148.2 $ 158.9 $ 183.6 $ 192.0 $ 206.7 40% Transaction costs as a % of revenue 17.7% 17.6% 16.6% 14.1% 13.8% (390 bps) Revenue less transaction costs $ 122.0 $ 130.9 $ 153.2 $ 164.9

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Payoneer Global Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-013753

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.