Business
XTM Files 2024 Annual Financial Results
TORONTO, May 07, 2025--XTM Inc. ("XTM" or the "Company") (QB: XTMIF / CSE: PAID / FSE: 7XT), a fintech innovator in automated tip calculations, instant payouts for employees and gig workers and earned wage access ("EWA") through its AnyDay™ platform, today announced it has filed its audited financial statements and management’s discussion and analysis (MD&A) for the fiscal year ended December 31, 2024 (the "Required Filings").
About this update from Xtm, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/86007cb65480d2369acdf0cdd3d83c49"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/K32owQsjkjFTkcfJ4CO03w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/86007cb65480d2369acdf0cdd3d83c49","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/l43m5K5Ns_VWkFvRoQJj5Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/86007cb65480d2369acdf0cdd3d83c49","width":1024,"height":512}},"lazy":false},{"type":"text","content":"Revenue Up 34% Year-Over-Year and Adds 689 New Business Locations as Company Sharpens Focus on Achieving Cash Flow Positivity","length":125,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, May 07, 2025--(BUSINESS WIRE)--XTM Inc. ("XTM" or the "Company") (QB: XTMIF / CSE: PAID / FSE: 7XT), a fintech innovator in automated tip calculations, instant payouts for employees and gig workers and earned wage access ("EWA") through its AnyDay™ platform, today announced it has filed its audited financial statements and management’s discussion and analysis (MD&A) for the fiscal year ended December 31, 2024 (the "Required Filings").","length":491,"tagName":"p"},{"type":"text","content":"With the April 25, 2025 announcement of a signed agreement with Pateno Payments Inc. ("Pateno"), a subsidiary of Digital Commerce Group, and the resulting long-term partnership and support from Digital Commerce Bank and its subsidiaries, the Company is now well-positioned to scale rapidly, backed by strong financial support and a robust infrastructure.","length":364,"tagName":"p"},{"type":"text","content":"2024 Financial and Operational Highlights","length":41,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue Growth: Revenue increased 34% year-over-year to $9.1 million, driven by continued demand for XTM’s payment solutions, despite ongoing economic pressures.","length":161,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross Dollar Value (GDV): The Company processed more than $800 million in payments to hospitality...