---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-007393"
form_type: "8-K"
ticker: "PAYS"
cik: "0001496443"
company_name: "Paysign, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T03:24:27.356769+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Paysign Q3 2022 revenue $10.6M (+36% YoY); net income $0.85M; guides FY2022 rev $38.15-38.35M

## Summary
- Revenue $10.6M (+36% YoY); net income $0.85M vs loss of $0.27M in Q3 2021; diluted EPS $0.02.
- Adjusted EBITDA $1.9M ($0.04 per diluted share); gross margin improved to 54%.
- FY2022 revenue guidance $38.15M-$38.35M (29-30% growth); adjusted EBITDA expected $5.50-$5.60M.
- Added 13 plasma donation centers in Q3, ending with 450 centers; plasma revenue up 40% YoY.
- Unrestricted cash $8.0M; federal injunction allows Mexican nationals to donate plasma again.

## SEC filing metadata
- accession: 0001683168-22-007393
- form_type: 8-K
- ticker: PAYS
- cik: 0001496443
- company_name: Paysign, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1496443/000168316822007393/0001683168-22-007393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1496443/000168316822007393/paysign_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-007393
- JSON: https://secwatch.observer/filing/0001683168-22-007393.json
- Plain text: https://secwatch.observer/filing/0001683168-22-007393.txt

## Key facts
- Earnings Releases
  Paysign, Inc. reported third quarter of 2022 results: revenue $10.6 million, net income $0.85 million, EPS $0.02.
  - Period: third quarter of 2022
  - Revenue: $10.6 million
  - Net income: $0.85 million
  - EPS: $0.02
  - Result: reported results
  source text: EX-99.1 (PRESS RELEASE) --- EX-99.1 2 paysign_ex9901.htm PRESS RELEASE Exhibit 99.1 Paysign, Inc. Reports Third Quarter 2022 Financial Results · Third quarter total revenues of $10.6 million, an increase of $2.8 million (36.4%) from third quarter 2021 · Third quarter net income of $0.85 million, or diluted earnings per share of $0.02 · Third quarter Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496443/000168316822007393/0001683168-22-007393-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.