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Payfare to Hold Investor Conference Call to Discuss Second Quarter 2024 Financial Results

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Payfare Inc. (TSX: PAY, OTCQX: PYFRF) has announced an investor conference call scheduled for August 7, 2024, at 6:30 p.m. ET to discuss its second quarter 2024 financial results. The company expects to release the complete financial results shortly after market close on the same day. A presentation related to the call will be available on Payfare's website prior to the event.

Additionally, Payfare has completed the refiling of its Q1 2024 financial statements and MD&A. The refiled documents now include the auditor's review, following the receipt of the SOC 1 auditor's report from a material vendor on June 30, 2024. Importantly, there are no changes to the financial figures reported for Q1 2024 compared to those previously filed on May 8, 2024.

Payfare Inc. (TSX: PAY, OTCQX: PYFRF) ha annunciato una conferenza telefonica per gli investitori programmata per il 7 agosto 2024, alle 18:30 ET, per discutere i suoi risultati finanziari del secondo trimestre 2024. L'azienda prevede di rilasciare i risultati finanziari completi poco dopo la chiusura del mercato lo stesso giorno. Una presentazione relativa alla chiamata sarà disponibile sul sito web di Payfare prima dell'evento.

Inoltre, Payfare ha completato il nuovo deposito del suo bilancio del Q1 2024 e della relazione MD&A. I documenti riepitolati ora includono la revisione dell'auditor, a seguito della ricezione del rapporto dell'auditor SOC 1 da un fornitore significativo il 30 giugno 2024. È importante notare che non ci sono cambiamenti ai dati finanziari riportati per il Q1 2024 rispetto a quelli precedentemente depositati l'8 maggio 2024.

Payfare Inc. (TSX: PAY, OTCQX: PYFRF) ha anunciado una conferencia telefónica para inversores programada para el 7 de agosto de 2024 a las 6:30 p.m. ET para discutir sus resultados financieros del segundo trimestre de 2024. La compañía espera publicar los resultados financieros completos poco después del cierre del mercado el mismo día. Una presentación relacionada con la llamada estará disponible en el sitio web de Payfare antes del evento.

Además, Payfare ha completado la reinscripción de sus estados financieros del Q1 2024 y MD&A. Los documentos reinscritos ahora incluyen la revisión del auditor, tras recibir el informe del auditor SOC 1 de un proveedor material el 30 de junio de 2024. Es importante destacar que no hay cambios en las cifras financieras reportadas para el Q1 2024 en comparación con las que se presentaron anteriormente el 8 de mayo de 2024.

Payfare Inc. (TSX: PAY, OTCQX: PYFRF)는 2024년 8월 7일 오후 6시 30분 ET에 예정된 투자자 회의 전화를 통해 2024년 2분기 재무 결과에 대해 논의할 예정이라고 발표했습니다. 회사는 같은 날 시장 종료 후 곧 자세한 재무 결과를 발표할 것으로 기대하고 있습니다. 전화와 관련된 프레젠테이션은 사건 전 Payfare의 웹사이트에서 제공될 예정입니다.

또한, Payfare는 2024년 1분기 재무 제표와 MD&A의 새 제출을 완료했습니다. 재제출된 문서에는 2024년 6월 30일 주요 공급업체로부터 받은 SOC 1 감사 보고서에 따라 감사인의 검토가 포함되어 있습니다. 중요한 점은 2024년 1분기에 보고된 재무 수치에 대해 2024년 5월 8일에 이전에 제출된 것과 비교하여 변경 사항이 없다는 것입니다.

Payfare Inc. (TSX: PAY, OTCQX: PYFRF) a annoncé une conférence téléphonique pour les investisseurs programmée pour le 7 août 2024 à 18h30 ET afin de discuter de ses résultats financiers du deuxième trimestre 2024. L'entreprise s'attend à publier les résultats financiers complets peu après la fermeture du marché le même jour. Une présentation liée à l'appel sera disponible sur le site Web de Payfare avant l'événement.

De plus, Payfare a complété le nouveau dépôt de ses états financiers du Q1 2024 et de son MD&A. Les documents redéposés incluent maintenant la révision de l'auditeur, suite à la réception du rapport de l'auditeur SOC 1 d'un fournisseur majeur le 30 juin 2024. Il est important de noter qu'il n'y a aucun changement dans les chiffres financiers rapportés pour le Q1 2024 par rapport à ceux déposés précédemment le 8 mai 2024.

Payfare Inc. (TSX: PAY, OTCQX: PYFRF) hat eine Telefonkonferenz für Investoren angekündigt, die am 7. August 2024 um 18:30 Uhr ET stattfinden wird, um über die Finanzergebnisse des zweiten Quartals 2024 zu diskutieren. Das Unternehmen erwartet, die vollständigen Finanzergebnisse kurz nach Börsenschluss am selben Tag zu veröffentlichen. Eine Präsentation zur Telefonkonferenz wird vor der Veranstaltung auf der Website von Payfare verfügbar sein.

Darüber hinaus hat Payfare die Neuregisierung seiner Finanzberichte für das erste Quartal 2024 und MD&A abgeschlossen. Die neuregistrierten Dokumente enthalten nun die Prüfungsüberprüfung, nachdem am 30. Juni 2024 ein Bericht des SOC 1-Auditors von einem wesentlichen Lieferanten eingegangen ist. Es ist wichtig zu beachten, dass es keine Änderungen der finanziellen Zahlen für das erste Quartal 2024 im Vergleich zu den zuvor am 8. Mai 2024 veröffentlichten Zahlen gibt.

Positive
  • Timely reporting of Q2 2024 financial results
  • Completion of Q1 2024 financial statements refiling with auditor review
  • No changes to previously reported Q1 2024 financial figures
Negative
  • Delay in receiving SOC 1 auditor's report from material vendor

Company Also Completes Refiling of First Quarter Financial Statements

TORONTO, July 23, 2024 /PRNewswire/ - Payfare Inc. ("Payfare" or the "Company") (TSX: PAY) (OTCQX: PYFRF) will be hosting a conference call on Wednesday, August 7, 2024, at 6:30 p.m. ET to discuss the Company's financial results for the second quarter of 2024. The complete financial results are expected to be released shortly after market close on Wednesday, August 7, 2024. 

A short presentation in connection with the conference call will be made available ahead of time on the Company's website at https://corp.payfare.com/investors/. Management will also host a live question and answer session on the conference call with analysts.

To access the conference call, please dial (289) 514-5100 or 1-800-717-1738. Please call the conference telephone number 10-15 minutes prior to the start time so that you are in the queue for an operator to assist in registering and patching you through. 

An archived recording of the conference call will be available until September 7, 2024. To listen to the recording, call (289) 819-1325 or 1-888-660-6264 and enter passcode 21617#. 

Refiling of First Quarter Financial Statements

The Company also announced today, the completion of the refiling of its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2024 and 2023, together with the notes thereto (the "Q1 2024 Financial Statements") and the related interim management's discussion & analysis for the same periods (the "Q1 2024 MD&A").

The Q1 2024 Financial Statements and Q1 2024 MD&A were refiled today following the completion of the remaining review procedures of the Company's auditors on the Q1 2024 Financial Statements. The refiled Q1 2024 Financial Statements are now auditor reviewed versions of the documents filed previously on May 8, 2024, after the Company received the SOC 1 auditor's report from its material vendor on June 30, 2024, and the Company was able to complete on July 3, 2024, the filing of its audited annual financial statements, management's discussion and analysis, annual information form and related certifications, all for the year ended December 31, 2023.

There are no changes to the financial figures reported for the three months ended March 31, 2024 and 2023 as compared to those previously reported and filed on May 8, 2024.

Copies of each of the refiled Q1 2024 Financial Statements and Q1 2024 MD&A are available on SEDAR+ under Payfare's profile at www.sedarplus.ca.

About Payfare (TSX:PAY)

Payfare is a leading, international Earned Wage Access ("EWA") company powering instant access to earnings through an award-winning digital banking platform for today's workforce. Payfare partners with leading e-commerce marketplaces, payroll platforms, and employers to provide financial security and inclusion for all workers.

Cision View original content:https://www.prnewswire.com/news-releases/payfare-to-hold-investor-conference-call-to-discuss-second-quarter-2024-financial-results-302204574.html

SOURCE Payfare Inc.

FAQ

When will Payfare (PYFRF) release its Q2 2024 financial results?

Payfare (PYFRF) is expected to release its Q2 2024 financial results shortly after market close on Wednesday, August 7, 2024.

What is the date and time of Payfare's Q2 2024 investor conference call?

Payfare's Q2 2024 investor conference call is scheduled for Wednesday, August 7, 2024, at 6:30 p.m. ET.

Has Payfare (PYFRF) made any changes to its Q1 2024 financial figures in the refiled statements?

No, Payfare (PYFRF) has not made any changes to the financial figures reported for Q1 2024 in the refiled statements compared to those previously reported on May 8, 2024.

When did Payfare receive the SOC 1 auditor's report from its material vendor?

Payfare received the SOC 1 auditor's report from its material vendor on June 30, 2024.

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