Paysign, Inc. Income Statement
PAYS|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Paysign, Inc. reported $58M in revenue and $4M in net income for FY2025. Revenue has grown at a 20.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.34 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58.4M | $47.3M | $38.0M | $29.5M | $24.1M | $34.7M | $23.4M | $15.2M | $10.4M | $8.1M | $10.3M | $6.3M | $6.7M | $3.3M | $4.3M |
| Cost of Revenue | $26.2M | $23.1M | $17.1M | $14.8M | $14.8M | $15.4M | $12.0M | $8.5M | $5.9M | $4.0M | $4.7M | $4.1M | $5.3M | $2.4M | $3.6M |
| Gross Profit | $32.2M | $24.1M | $21.0M | $14.7M | $9.3M | $19.2M | $11.4M | $6.7M | $4.5M | $4.1M | $5.6M | $2.2M | $1.4M | $870.1K | $739.7K |
| SG&A Expense | $25.2M | $20.3M | $17.7M | $15.0M | $15.1M | $11.7M | $7.8M | $4.1M | $2.6M | $3.7M | $2.7M | $1.5M | $760.9K | $547.7K | $548.7K |
| Operating Income | $1.0M | -$167.3K | $344.3K | -$2.7M | -$8.3M | $6.1M | $2.5M | $1.8M | $1.4M | -$8.9K | $2.8M | $669.8K | $574.9K | $278.9K | $81.9K |
| Interest Expense | - | - | - | - | - | - | - | $7.6K | $77.1K | $45.7K | $141.5K | $59.1K | $62.2K | $63.7K | $66.4K |
| Income Tax | $322.3K | -$4.1M | $107.5K | $10.2K | $894.2K | -$910.0K | $0 | $6.0K | $0 | $0 | $0 | $0 | $0 | - | - |
| Net Income | $3.8M | $6.5M | $1.0M | -$2.7M | -$9.1M | $7.5M | $2.6M | $1.8M | $1.4M | -$2.4M | $2.6M | $611.7K | $1.8M | $215.3K | -$8.3K |
| EPS (Basic) | $0.07 | $0.12 | $0.02 | -$0.05 | -$0.19 | $0.16 | $0.06 | $0.04 | $0.04 | -$0.06 | $0.07 | $0.02 | $0.05 | - | $0.00 |
| EPS (Diluted) | $0.07 | $0.12 | $0.02 | -$0.05 | -$0.19 | $0.14 | $0.05 | $0.04 | $0.03 | $0.03 | $0.06 | $0.01 | $0.05 | $0.00 | - |
| Shares Outstanding | 55.1M | 53.5M | 52.8M | 52.3M | 51.8M | 54.6M | 46.4M | 43.7M | 43.2M | 42.5M | 36.7M | 38.9M | 38.9M | 35.3M | 35.2M |
| Gross Margin | 55.1% | 51.1% | 55.1% | 49.9% | 38.6% | 55.5% | 48.7% | 44.0% | 43.6% | 50.4% | 54.8% | 34.9% | 20.8% | 26.4% | 17.0% |
| Operating Margin | 1.8% | -0.4% | 0.9% | -9.3% | -34.6% | 17.6% | 10.6% | 11.6% | 13.0% | -0.1% | 26.7% | 10.6% | 8.6% | 8.5% | 1.9% |
| Profit Margin | 6.5% | 13.7% | 2.7% | -9.2% | -37.9% | 21.5% | 11.1% | 11.8% | 13.5% | -29.7% | 25.4% | 9.7% | 27.1% | 6.5% | -0.2% |