RPAY (RPAY) financial statements
RPAY reported revenue of $309M in fiscal 2025, up 16.1% a year over 8 years.
Net income was -$257M and the operating margin -82.4%, against 17.4% in 2017.
Free cash flow was $49M.
The diluted share count rose 1193719% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RPAY's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94M | $130M | $105M | $155M | $219M | $279M | $297M | $313M | $309M |
| Cost of revenue | — | — | — | $41M | $55M | $65M | $70M | $72M | $77M |
| Gross profit | — | — | — | $114M | $164M | $214M | $227M | $241M | $232M |
| Selling, general and admin | $15M | $29M | $97M | $87M | $120M | $149M | $149M | $145M | $142M |
| Operating income | $16M | $17M | -$48M | -$32M | -$54M | -$47M | -$111M | -$8M | -$255M |
| Interest expense | $4M | $6M | — | — | — | $4M | $4M | $8M | $14M |
| Pre-tax income | $9M | $11M | — | -$130M | -$87M | $15M | -$120M | -$11M | -$277M |
| Income tax | — | — | — | -$12M | -$31M | $6M | -$2M | -$575,000 | -$6M |
| Net income | $9M | $11M | — | -$106M | -$50M | $13M | -$110M | -$10M | -$257M |
| EPS (diluted) | — | -$0.14 | — | -$2.02 | -$0.60 | $0.12 | -$1.23 | -$0.11 | -$3.00 |
| Diluted shares | — | 7M | — | 52.18B | 83.32B | 110.67B | 90.05B | 89.92B | 85.56B |
| Gross margin | — | — | — | 73.3% | 74.7% | 76.8% | 76.5% | 77.1% | 75.0% |
| Operating margin | 17.4% | 12.8% | -46.1% | -20.6% | -24.6% | -16.9% | -37.6% | -2.5% | -82.4% |
| Net margin | 10.1% | 8.1% | — | -68.1% | -22.8% | 4.6% | -37.2% | -3.2% | -83.0% |
Balance sheet
Fiscal years, from RPAY's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $25,817 | $13M | $25M | $91M | $50M | $65M | $118M | $190M | $116M |
| Receivables | — | $6M | $14M | $21M | $33M | $34M | $36M | $33M | $33M |
| Total current assets | $25,817 | $20M | $44M | $119M | $96M | $117M | $181M | $275M | $197M |
| Property, plant and equipment | — | $1M | $2M | $2M | $4M | $4M | $3M | $2M | $1M |
| Goodwill | $120M | $120M | $390M | $459M | $824M | $828M | $717M | $717M | $475M |
| Total assets | $176,330 | $219M | $782M | $1.1B | $1.7B | $1.6B | $1.5B | $1.6B | $1.2B |
| Total current liabilities | $156,600 | $21M | $52M | $65M | $92M | $82M | $57M | $102M | $241M |
| Long-term debt | — | $89M | $208M | $250M | $448M | $451M | $434M | $497M | $280M |
| Total liabilities | $156,600 | $110M | $362M | $554M | $773M | $699M | $689M | $799M | $718M |
| Shareholders' equity | $19,730 | $5M | $214M | $509M | $874M | $895M | $815M | $761M | $484M |
| Net debt | -$25,817 | $81M | $189M | $166M | $398M | $386M | $316M | $307M | $311M |
Cash flow
Fiscal years, from RPAY's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $21M | $24M | — | $28M | $53M | $74M | $104M | $150M | $91M |
| Capital spending | $448,601 | $6M | — | $15M | $24M | $37M | $51M | $45M | $42M |
| Free cash flow | $21M | $18M | — | $14M | $30M | $37M | $53M | $105M | $49M |
| Stock-based compensation | $622,411 | $796,967 | — | $19M | $22M | $20M | $22M | $24M | $18M |
| Share buybacks (net) | — | — | — | -$1M | -$4M | -$3M | -$2M | — | — |
| Net borrowing | $8M | -$5M | — | $54M | $197M | — | -$20M | $82M | -$72M |
| Free cash flow margin | 22.0% | 14.1% | — | 8.9% | 13.6% | 13.4% | 17.8% | 33.6% | 16.0% |
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Open RPAY in InvestinglyQuestions
What was RPAY's revenue in 2025?
$309M in fiscal 2025, from its 10-K filing.
How much free cash flow does RPAY generate?
$49M in fiscal 2025 (operating cash flow minus capital spending).
From RPAY's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.