Welcome to our dedicated page for Repay Hldgs news (Ticker: RPAY), a resource for investors and traders seeking the latest updates and insights on Repay Hldgs stock.
Repay Holdings Corp (RPAY) delivers innovative payment processing technology for businesses and consumers through its integrated electronic solutions. This dedicated news hub provides investors and industry professionals with direct access to official corporate announcements, financial disclosures, and strategic developments.
Our curated collection features essential updates including quarterly earnings reports, merger & acquisition activity, product launches, and leadership changes. Users gain timely insights into RPAY's evolving position in the competitive fintech landscape, particularly regarding its consumer payment platforms and enterprise transaction solutions.
All content is organized chronologically for efficient tracking of corporate milestones. Key focus areas include developments in mobile payment processing, risk management innovations, and expansion of merchant service offerings. Bookmark this page to maintain current awareness of RPAY's progress in shaping secure, multi-channel transaction ecosystems.
REPAY Holdings (NASDAQ: RPAY), a leading provider of vertically-integrated payment solutions, has scheduled its first quarter 2025 financial results announcement for Monday, May 12, 2025. The company will release its Q1 2025 financial results after market close, followed by a conference call at 5:00pm ET.
The earnings conference call will be accessible through a live webcast on REPAY's investor relations website and via phone. For those joining by phone, domestic callers can dial (877) 407-3982, while international participants should use (201) 493-6780. A replay will be available until May 26, 2025, accessible by dialing (844) 512-2921 (US) or (412) 317-6671 (International) with conference ID 13752562.
REPAY (NASDAQ: RPAY) reported its Q4 and full year 2024 financial results, highlighting a 2% gross profit growth in Q4 and 6% for the full year. The company demonstrated strong performance with accelerated Free Cash Flow Conversion improving from 42% in 2023 to 75% in 2024.
Key Q4 highlights include: Consumer Payments gross profit declined 5% year-over-year, while Business Payments saw approximately 60% growth year-over-year, driven by strong contributions in the political media vertical. The company expanded its AP supplier network by 38% to over 360,000, added four new integrated software partners reaching 280 total relationships, and increased instant funding volumes by 34% year-over-year.
Notably, REPAY announced the commencement of a comprehensive strategic review process, which may include evaluating M&A opportunities, a potential sale or take-private transaction, and other structural changes aimed at enhancing shareholder value.
Repay Holdings (NASDAQ: RPAY) has scheduled its fourth quarter and full year 2024 financial results announcement for Monday, March 3, 2025. The company will release its financial results press release after market close, followed by a conference call at 5:00pm ET.
The conference call will be accessible via webcast from REPAY's investor relations website and through phone dial-in options. For domestic callers, the dial-in number is (877) 407-3982, while international callers can use (201) 493-6780. A replay will be available until March 17, 2025, accessible via (844) 512-2921 for domestic and (412) 317-6671 for international calls, using conference ID 13750988.
Repay Holdings (NASDAQ: RPAY) has announced a new integration with Lightspeed DMS, a leading recreational dealer management software provider. This partnership marks REPAY's first major expansion beyond traditional automotive, extending vendor payment automation to powersports, RV, marine, and other retailers.
The integration enables dealerships to automate vendor payments through digital methods like virtual cards and ACH, replacing traditional paper checks. This modernization enhances payment security and ensures timely payments while maintaining vendor relationships. The solution streamlines accounts payable processes by consolidating all dealership vendor payments into a single platform and workflow, reducing manual processes that can lead to errors or delays.
According to Troy Thibodeau, Lightspeed's Chief Marketing and Products Officer, the partnership brings enhanced efficiency to their dealer management system, offering streamlined vendor payments and financial benefits to their customers.
REPAY (NASDAQ: RPAY) has announced a strategic integration with Worth, a fintech platform specializing in underwriting and onboarding workflow automation. The partnership aims to accelerate merchant onboarding and AP vendor enrollments across REPAY's Consumer and Business Payments verticals.
The integration leverages Worth's extensive database of over 1,100 data points to enable precise and transparent decisioning in underwriting and onboarding processes. This collaboration is expected to reduce merchant onboarding time while enhancing KYB (Know Your Business) risk mitigation through Worth's intelligent data platform.
Repay Holdings (NASDAQ: RPAY) reported its Q3 2024 financial results, highlighting a 9% YoY gross profit growth and 8% YTD growth (9% YTD on an organic basis). Revenue for Q3 2024 was $79.1 million, a 6% increase YoY. The company achieved a 115% increase in net cash provided by operating activities and a 250% increase in free cash flow compared to the previous quarter. Adjusted EBITDA grew by 10% YoY to $35.1 million.
Business Payments segment showed a substantial 67% YoY and 33% YTD gross profit growth, while Consumer Payments segment grew by 2% YoY and 6% YTD. REPAY added three new integrated software partners and 13 new credit unions. The company updated its 2024 outlook, projecting revenue between $314-$320 million, gross profit between $245-$250 million, and adjusted EBITDA between $139-$142 million, with a free cash flow conversion target of approximately 65%.
REPAY (NASDAQ: RPAY) has announced its participation in three upcoming investor conferences. The company's CEO John Morris and CFO Tim Murphy will attend: the Keefe, Bruyette, & Woods FinTech Conference in New York on November 14, 2024, for investor meetings; the Stephens Investment Conference in Nashville on November 20, 2024, with a fireside chat at 11:00am ET; and the UBS Global Technology Conference in Scottsdale on December 4, 2024, with a fireside chat at 2:15pm ET.
The fireside chats will be webcast live on REPAY's investor relations website and archived for 90 days.
Repay Holdings (NASDAQ: RPAY) has scheduled its third quarter 2024 financial results announcement for Tuesday, November 12, 2024. The company will release its financial results after market close, followed by a conference call at 5:00pm ET. The call will be accessible via webcast from the company's investor relations website and through phone dial-in. A replay will be available until November 26, 2024, and the webcast will be archived on the company's website.
REPAY (NASDAQ: RPAY) has announced an embedded integration with Otelier, a hospitality software and performance optimization platform. This integration enhances Otelier's DigiPay capabilities by incorporating REPAY's vendor payment automation, creating a comprehensive solution for hotel operators to manage invoices and execute vendor payments efficiently.
The partnership aims to streamline hotel operations by offering a single platform for automating vendor payments and managing invoices. Key features include virtual cards and ACH options for faster, more secure payments, and end-to-end payment process automation. This integration is designed to reduce time spent on back-office AP operations, allowing hoteliers to focus more on providing exceptional hospitality.
Repay Holdings (NASDAQ: RPAY), a leading provider of payment solutions, reported its Q2 2024 financial results.
Key financial highlights include: 4% revenue growth to $74.9 million and 7% gross profit growth to $58.6 million year-over-year (YoY). The company achieved a 21% reduction in net loss to $4.2 million and a 10% increase in adjusted EBITDA to $33.7 million. Net cash provided by operating activities increased by 55% to $31.0 million, and free cash flow surged by 93% to $19.3 million.
Business highlights: Consumer Payments and Business Payments segments saw respective gross profit growths of 7% and 11% YoY. Significant milestones include expanding the AP supplier network by 55% YoY to over 300,000 and adding 7 new software partners.
Balance Sheet: Issued $287.5 million 2029 notes at 2.875%, repurchased $220 million of 2026 notes, and bought back 3.9 million shares for $40 million.
Outlook 2024: Reiterates revenue between $314-320 million and adjusted EBITDA between $139-142 million.
