PAYOPayoneer Global Inc.
Services-Business Services, NEC
- Revenue
- $813M
- 15% YoY
- Operating margin
- 15.3%
- 27% YoY
- EBITDA
- $190M
- 3.1% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.7×
- −$332M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear319% of net incomeCash flow under 80% of net income
- Dilutive SBCClear9% of revenueOver 10% of revenue
- Payouts exceed cash flowClear74% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear1% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $461M | $564M | $591M | $710M | $813M | 15% |
| Operating income | −$30M | −$22M | $104M | $149M | $125M | 16% |
| Net income | −$34M | −$12M | $93M | $121M | $73M | 40% |
| Operating cash flow | $20M | $84M | $159M | $177M | $233M | 32% |
| Capex | $7M | $11M | $8M | $8M | $27M | 228% |
| Stock-based comp | $37M | $52M | $66M | $65M | $73M | 13% |
| Buybacks | — | — | $55M | $138M | $174M | 26% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 53 | 119 |
| FY2024 | — | — | 95 | 100 |
| FY2023 | — | — | 49 | 101 |
| FY2022 | — | — | 52 | 83 |
| FY2021 | — | — | 69 | 107 |