Paymentus Holdings, Inc. · NYSE:PAY
Paymentus — Q2 2024 Earnings Presentation
14 slides from Paymentus's earnings presentation, Aug 8, 2024
Slide 1: Second Quarter 2024 Earnings Conference Call
August 8, 2024 SECOND QUARTER 2024 EARNINGS CONFERENCE CALL DUSHYANT SHARMA SANJAY KALRA President & CEO CFO
Slide 2: Disclaimer
EARNINGS REPORT DISCLAIMER This presentation and the accompanying webcast contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such statements, other than statements of historical facts, are forward-looking statements. Generally, you can
Slide 3: Q2 2024 Financial Highlights
EARNINGS REPORT Q2 2024 FINANCIAL HIGHLIGHTS FINANCIAL METRIC Q2 2024 YoY GROWTH % ($ MILLIONS) REVENUE $197.4 32.6% CONTRIBUTION PROFIT(1) $76.5 28.3% ADJUSTED EBITDA(1) $22.5 58.6% 1 Non-GAAP financial measures: For definitions, reconciliation to the nearest GAAP measures and additional informatio
Slide 4: Key Q2 2024 Accomplishments
EARNINGS REPORT KEY Q2 2024 ACCOMPLISHMENTS ▪ Excellent financial performance in all three metrics: revenue, contribution profit and adjusted EBITDA ▪ Strong exit backlog with solid bookings in the quarter ▪ Continued momentum in demand across several verticals: Govt. Services, Municipalities, Utili
Slide 5: Q2 2024 vs Q2 2023 Performance
EARNINGS REPORT Q2 2024 Vs Q2 2023 PERFORMANCE FINANCIAL METRIC Q2 2024 Q2 2023 CHANGE CHANGE % (Millions | except EPS) TRANSACTIONS 140.4 109.5 30.9 28.2% REVENUE $197.4 $148.9 $48.5 32.6% CONTRIBUTION PROFIT(1) $76.5 $59.6 $16.9 28.3% CONTRIBUTION PROFIT %(1) 38.7% 40.0% - (1.3%) ADJUSTED GROSS PR
Slide 6: Q2 2024 Additional Financial Data
EARNINGS REPORT Q2 2024 ADDITIONAL FINANCIAL DATA FINANCIAL METRIC Q2 2024 Q1 2024 CHANGE CHANGE % ($ Millions) CASH AND CASH EQUIVALENTS $192.9 $184.2 $8.7 4.7% FREE CASH FLOW(1) $8.8 $1.6 $7.2 450% DEBT - - - - DAYS SALES OUTSTANDING 42 41 1 2.4% WORKING CAPITAL $229.6 $217.0 $12.6 5.8% DILUTED SH
Slide 7: Q3 2024 & FY 2024 Financial Guidance
EARNINGS REPORT Q3 2024 & FY 2024 FINANCIAL GUIDANCE FINANCIAL METRIC Q3 2024 FY 2024 REVISED FY 2024 PRIOR FY 2024 MIDPOINT FY 2024 Vs FY 2023 ($ MILLIONS) GUIDANCE GUIDANCE GUIDANCE RAISE MIDPOINT GROWTH REVENUE $188 - $193 $770 - $780 $737 - $755 4% 26.1% CONTRIBUTION PROFIT(1) $71 - $74 $293 - $
Slide 8: Investment Highlights
EARNINGS REPORT INVESTMENT HIGHLIGHTS ▪ Durable Growth and Expanding Profitability ▪ Large Non-Discretionary and Growing Bill Payment Market ▪ Innovative and Differentiated Technology Platform ▪ Proprietary and Unique IPN Ecosystem ▪ Scalable and Flexible Business Model ▪ Diversified Customer Base ▪
Slide 9: Appendix
PAYMENTUS Q2 2024 EARNINGS REPORT APPENDIX
Slide 10: Use and Definitions of Non-GAAP Measures
EARNINGS REPORT USE AND DEFINITIONS OF NON-GAAP MEASURES In addition to disclosing financial measures in accordance with accounting principles generally accepted in the United States , or GAAP, this presentation contains certain non-GAAP financial measures set forth below. We use non-GAAP measures t
Slide 11: Contribution Profit and Adjusted Gross Profit
EARNINGS REPORT CONTRIBUTION PROFIT ADJUSTED GROSS PROFIT © 2024 | PROPRIETARY & CONFIDENTIAL | 11
Slide 12: Adjusted EBITDA and Non-GAAP Net Income and EPS
EARNINGS REPORT ADJUSTED EBITDA AND ADJUSTED EBITDA MARGIN NON-GAAP NET INCOME AND NON GAAP EPS © 2024 | PROPRIETARY & CONFIDENTIAL | 12
Slide 13: Non-GAAP Operating Expense and Free Cash Flow
EARNINGS REPORT NON-GAAP OPERATING EXPENSE FREE CASH FLOW © 2024 | PROPRIETARY & CONFIDENTIAL | 13
Slide 14: Thank You
THANK YOU. DUSHYANT SHARMA SANJAY KALRA President & CEO CFO EMAIL: ir@paymentus.com Website: ir.paymentus.com @P A YM EN T USC O R P P AY ME NT U S P AY ME NT U S P A Y ME NT U S C OR P O R A T I O N @ P A YM E N T U S C O R P OR A T IO N