---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001648"
form_type: "8-K"
ticker: "PAYS"
cik: "0001496443"
company_name: "Paysign, Inc."
filed_at: "2023-03-22T23:59:59+00:00"
generated_at: "2026-06-17T21:16:20.889309+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Paysign reports FY2022 revenue $38.0M (+29% YoY), net income $1.0M; guides FY2023 revenue $44-46M

## Summary
- Full-year 2022 revenue $38.0M, up 29% YoY; net income $1.0M ($0.02 diluted EPS) vs net loss of $2.7M in 2021.
- Adjusted EBITDA $5.5M, up 175% from $2.0M; Q4 revenue $10.6M, up 21%; Q4 adjusted EBITDA $1.7M, up 38%.
- Board authorized $5M share repurchase program; added 78 net plasma centers in 2022, ending with 444.
- FY2023 guidance: revenue $44-46M, net income $2.5-3.5M ($0.05-0.06 diluted EPS), adjusted EBITDA $6.0-7.5M.
- Pharma copay revenue up 145% to $1.5M; launched 10 new pharma copay programs in 2022.

## SEC filing metadata
- accession: 0001683168-23-001648
- form_type: 8-K
- ticker: PAYS
- cik: 0001496443
- company_name: Paysign, Inc.
- filed_at: 2023-03-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1496443/000168316823001648/0001683168-23-001648-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1496443/000168316823001648/paysign_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001648
- JSON: https://secwatch.observer/filing/0001683168-23-001648.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001648.txt

## Key facts
- Earnings Releases
  Paysign, Inc. reported full-year 2022 results: revenue $38.0 million, net income $1.0 million, EPS $0.02.
  - Period: full-year 2022
  - Revenue: $38.0 million
  - Net income: $1.0 million
  - EPS: $0.02
  - Result: reported results
  source text: Full-year 2022 total revenues of $38.0 million, up 29% from full-year 2021 · Full-year 2022 net income of $1.0 million, or diluted earnings per share of $0.02
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496443/000168316823001648/0001683168-23-001648-index.htm
- Earnings Releases
  Paysign, Inc. reported the fourth quarter 2022 results: revenue $10.6 million, net income $0.7 million, EPS $0.01.
  - Period: the fourth quarter 2022
  - Revenue: $10.6 million
  - Net income: $0.7 million
  - EPS: $0.01
  - Result: reported results
  source text: Fourth quarter total revenues of $10.6 million, up 21% from fourth quarter 2021 · Fourth quarter net income of $0.7 million, or diluted earnings per share of $0.01
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496443/000168316823001648/0001683168-23-001648-index.htm

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