Paymentus Holdings, Inc. ( (PAY) ) has released its Q1 earnings. Here is a breakdown of the information Paymentus Holdings, Inc. presented to its investors.
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Paymentus Holdings, Inc. is a prominent provider of cloud-based bill payment technology, serving over 2,500 billers and financial institutions across North America with its omni-channel platform and proprietary Instant Payment Network.
In the first quarter of 2025, Paymentus reported significant financial growth, with a 48.9% increase in revenue and a 51.3% rise in adjusted EBITDA, showcasing the company’s robust performance driven by increased transaction activity and a growing client base.
Key financial highlights include a revenue of $275.2 million, a gross profit of $66.0 million, and a net income of $13.8 million, all reflecting substantial year-over-year growth. The company processed 173.2 million transactions, marking a 28% increase from the previous year, and achieved a 34.2% adjusted EBITDA margin.
Looking ahead, Paymentus maintains a positive outlook for 2025, supported by strong bookings and backlog, with projected revenues ranging from $1,075 million to $1,090 million for the fiscal year. The company aims to continue leveraging its strategic position in the market to drive further growth.