secwatch.observer — SEC 8-K summary
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Issuer:     Paysign, Inc. (PAYS)
CIK:        0001496443
Form:       8-K
Filed at:   2022-03-22T23:59:59+00:00
Accession:  0001683168-22-001836
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paysign Q4 2021 rev $8.8M, net income $0.1M; FY22 guidance rev $35.3-38.4M
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- Q4 total rev $8.8M (+21% YoY); net income $0.1M vs loss; adj EBITDA $1.3M.
- FY 2021 rev $29.5M (+22% YoY); net loss $2.7M (improvement $6.4M); adj EBITDA $2.0M.
- Exit 2021 with 366 plasma centers, +26 from 2020; 4.3M cardholders.
- FY22 guidance: rev $35.25-38.35M (20-30% growth); adj EBITDA ≥$4.0M; gross margin 50-52.5%.
- Unrestricted cash $7.4M at 12/31/21; mgmt expects sufficient liquidity for next 12 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496443/000168316822001836/0001683168-22-001836-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496443/000168316822001836/paysign_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-001836

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