Repay Holdings (RPAY) AI Stock Analysis

• Market Cap: $616.73M
• Dividend Yield: N/A
• Average Volume (3M): 1.37M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.14
• Revenue Growth: -0.58%
• EPS Growth: -57.43%
• Country: US
• Employees: 465
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.21
• Shares Outstanding: 81,584,350
• 10 Day Avg. Volume: 1,799,223
• 30 Day Avg. Volume: 1,365,884
• PEG Ratio: 0.74
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 2.19
• P/FCF Ratio: 4.60
• Enterprise Value/Market Cap: 1.21
• Enterprise Value/Revenue: 2.41
• Enterprise Value/Gross Profit: 3.19
• Enterprise Value/Ebitda: -28.16
• 1Y Price Target: $7.00
• Price Target Upside: 91.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): 0.84
• Revenue Forecast (FY): $308.16M

• Rating: 51 Neutral
• Price Target: $3.50 ▼(-4.11% Downside)

Repay Holdings' overall stock score is driven by its financial performance challenges, particularly profitability issues, and a bearish technical outlook. While the earnings call provided some positive insights, the negative valuation and recent executive departure weigh heavily on the score.

Positive Factors

Strong Free Cash Flow

Strong free cash flow conversion indicates efficient cash management, providing the company with the ability to reinvest in growth initiatives and maintain financial flexibility.

Expansion of Software Partnerships

Expanding software partnerships enhances Repay's service offerings and market reach, supporting long-term growth and competitive positioning in the payment solutions industry.

Supplier Network Growth

A growing supplier network strengthens Repay's market position and operational capabilities, enabling the company to capitalize on increased transaction volumes and broaden its customer base.

Negative Factors

Profitability Challenges

Ongoing profitability challenges with negative net income and EBIT margins can hinder Repay's ability to sustain growth and invest in future opportunities, impacting long-term financial health.

Leadership Instability

The departure of a key executive may disrupt strategic initiatives and affect leadership stability, potentially impacting Repay's ability to execute its business strategy effectively.

Client Loss Impacts

Client losses can lead to reduced revenue and hinder growth prospects, challenging Repay's ability to maintain its market position and achieve sustainable long-term expansion.

Repay Holdings Business Overview & Revenue Model

Company Description

Repay Holdings Corporation provides integrated payment processing solutions to industry-oriented markets. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods. It also offers a range of solutions relating to electronic payment methods, including credit and debit processing, virtual credit card processing, automated clearing house (ACH) processing, enhanced ACH processing, and instant funding that are processed through its proprietary payment channels, such as Web-based, mobile application, text-to-pay, interactive voice response, and point of sale. In addition, the company provides payment processing solutions to customers primarily operating in the personal loans, automotive loans, receivables management, and business-to-business verticals. It sells its products through direct sales representatives and software integration partners. The company was founded in 2006 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

Repay Holdings generates revenue primarily through transaction fees charged to merchants for processing payments. The company earns a percentage of each transaction processed through its platform, which varies based on the volume and type of transactions. Additionally, Repay offers value-added services such as billing and invoicing solutions, which contribute to its revenue streams. The company has established significant partnerships with various industry players, including fintech companies and financial institutions, which enhance its service offerings and expand its customer base. These collaborations often lead to increased transaction volumes, further driving revenue growth.

Repay Holdings Financial Statement Overview

Summary

Repay Holdings faces profitability challenges with consistent net losses and negative EBIT. However, strong gross profit margins and positive cash flow metrics provide some stability. Debt levels are manageable, but improvements in profitability are essential for long-term growth.

Income Statement

Repay Holdings has shown inconsistent revenue growth, with a declining trend from 2024 to TTM. The gross profit margin is strong but the consistent negative net income and EBIT margins indicate profitability challenges. The EBITDA margin remains positive but volatile.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, reflecting balanced leverage, though the equity ratio has slightly decreased over time. Return on equity is negative due to persistent net losses, posing a risk.

Cash Flow

Free cash flow has shown positive growth, and operating cash flow exceeds net income, indicating strong cash generation despite negative earnings. The free cash flow to net income ratio is favorable, highlighting efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	308.95M	313.04M	296.63M	279.23M	219.26M	155.04M
Gross Profit	233.39M	241.41M	226.92M	214.40M	163.77M	113.59M
EBITDA	-26.41M	100.66M	58.48M	127.04M	35.26M	26.29M
Net Income	-120.73M	-10.16M	-110.49M	12.84M	-50.08M	-105.60M
Balance Sheet
Total Assets	1.33B	1.57B	1.52B	1.63B	1.69B	1.11B
Cash, Cash Equivalents and Short-Term Investments	95.69M	189.53M	118.10M	64.89M	50.05M	91.13M
Total Debt	436.56M	508.51M	443.04M	461.88M	459.57M	267.08M
Total Liabilities	711.08M	798.74M	689.04M	698.51M	772.80M	553.80M
Stockholders Equity	616.90M	761.27M	815.13M	894.56M	874.00M	509.31M
Cash Flow
Free Cash Flow	48.42M	105.24M	39.25M	34.68M	29.82M	4.21M
Operating Cash Flow	69.82M	150.09M	103.61M	74.22M	53.33M	28.49M
Investing Cash Flow	-31.80M	-44.85M	-24.09M	-39.54M	-397.33M	-145.98M
Financing Cash Flow	-44.30M	-12.67M	-28.94M	-17.46M	313.84M	186.10M

Repay Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RPAY, the sentiment is Negative. The current price of 3.65 is above the 20-day moving average (MA) of 3.52, below the 50-day MA of 3.87, and below the 200-day MA of 4.75, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.66 is Neutral, neither overbought nor oversold. The STOCH value of 64.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RPAY.

Repay Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IIIV	71 Outperform	$856.40M	158.91	0.58%	―	-23.69%	-95.61%
PAYS	70 Outperform	$295.03M	39.77	20.36%	―	32.61%	-8.26%
PAYO	69 Neutral	$2.06B	29.31	9.79%	―	10.58%	-45.52%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
PRTH	59 Neutral	$463.39M	10.38	―	―	9.51%	―
RPAY	51 Neutral	$616.73M	-2.67	-17.60%	―	-0.58%	-57.43%
BKKT	48 Neutral	$329.92M	-2.04	-48.63%	―	101.97%	58.61%

Repay Holdings Corporate Events

Repay Holdings Announces EVP Departure in December

On December 8, 2025, Repay Holdings Corporation announced the termination of employment for Jacob H. Moore, Executive Vice President – Consumer Payments, effective December 23, 2025.

Repay Holdings Reports Q3 2025 Financial Results

On November 10, 2025, Repay Holdings reported its financial results for the third quarter of 2025, highlighting stable growth and continued free cash flow generation. The company retired $73.5 million of convertible notes and repurchased $15.6 million of outstanding shares during the quarter. Despite a slight decline in revenue and gross profit due to client losses and political media spending impacts, the company achieved normalized revenue and gross profit growth. Repay’s strategic focus remains on optimizing digital payment flows across its Consumer and Business Payments verticals, aiming for sustainable growth by the end of the year. The company also expanded its integrated software partnerships and accelerated its AP supplier network, indicating a robust strategy for long-term growth.

Repay Holdings Director Robert Hartheimer Resigns

On October 27, 2025, Robert H. Hartheimer resigned from the Board of Directors of Repay Holdings Corporation, effective immediately. His resignation was not due to any disagreements with the company regarding its operations, policies, or practices.