secwatch.observer — SEC 8-K summary
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Issuer:     Repay Holdings Corp (RPAY)
CIK:        0001720592
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001720592-25-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REPAY Q2 revenue $75.6M; net loss $108M on $103.8M goodwill impairment; appoints new CFO
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- Q2 2025 revenue $75.6M vs $74.9M in Q2 2024; gross profit $57.2M; net loss $108M including $103.8M goodwill impairment in Consumer Payments segment.
- Adjusted EBITDA $31.8M; free cash flow $22.6M (71% conversion); repurchased 4.8M shares for $22.6M during Q2.
- Appointed Robert S. Houser as CFO effective Sept 8, 2025; annual base salary $400K, target bonus 60%, one-time awards of $250K cash and $700K restricted stock.
- Interim CFO Thomas Sullivan returns to Chief Accounting Officer role upon Houser's start.
- Management reiterated 2025 outlook for accelerating growth in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720592/000172059225000010/0001720592-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720592/000172059225000010/rpay-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001720592-25-000010

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