Earnings Feed

PSFE

Financial Services

Adjusted EBITDA was $105 million with a margin of 24.8%, up 80 basis points sequentially; excluding divestiture impacts, EBITDA grew 12% with margin expansion of 130 basis points.
Adjusted net income was $27.6 million or $0.46 per share, down from $0.59 last year due to divestiture EBITDA loss; GAAP net loss of $50 million included noncash tax valuation allowances.
Digital Wallet revenue grew 3% organically to $201.2 million, with 7.2 million 3-month active users, but adjusted EBITDA was flat year-over-year due to lower interest revenue and business mix.
Merchant Solutions volume increased 9% to $35.7 billion, with organic revenue growth of 6% and adjusted EBITDA margin of 17.1%, despite mix headwinds from ISO channel growth.
Reported revenue declined 3% to $428.2 million, but organic revenue grew 5%, driven by double-digit e-commerce growth and modest gains in SMB and digital wallets.
Unlevered free cash flow was $54 million with a 51% conversion rate, impacted by unfavorable FX; LTM conversion stood at 64%, with full-year guidance of 65-70%.

RPAY

Financial Services

1mo

Adjusted EBITDA was $31.8 million, representing a 42% margin.
Adjusted net income was $19.1 million or $0.20 per share.
Free cash flow was $22.6 million, with a 71% free cash flow conversion rate.
Net leverage stood at approximately 2.5x with total debt of $507.5 million, including a $220 million convertible note due in February 2026.
REPAY reported Q2 2025 revenue of $75.6 million, a 1% year-over-year increase.
Reported gross profit declined 2% year-over-year, impacted by client losses and political media contributions; excluding these, gross profit grew single-digit year-over-year.
The company repurchased approximately 7.9 million shares year-to-date for $38 million.