Paymentus Holdings, Inc. · NYSE:PAY
Paymentus — Q3 2023 Earnings Presentation
13 slides from Paymentus's earnings presentation, Nov 6, 2023
Slide 1: Third Quarter 2023 Earnings Conference Call
November 6 TH , 2023 THIRD QUARTER 2023 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: Q3 2023 Financial Highlights
EARNINGS REPORT Q3 2023 FINANCIAL HIGHLIGHTS FINANCIAL METRIC Q3 2023 YoY GROWTH % ($ MILLIONS) REVENUE $152.4 18.9% CONTRIBUTION $61.5 20.3% PROFIT(1) ADJUSTED EBITDA(1) $15.5 93.9% 1 Non-GAAP financial measures: For definitions, reconciliation to the nearest GAAP measures and additional informatio
Slide 4: Key Q3 Accomplishments
EARNINGS REPORT KEY Q3 ACCOMPLISHMENTS § Another quarter of excellent results with strong growth in revenue, contribution profit and adjusted EDITDA § Demand remains solid with strong backlog at quarter end, providing good forward visibility through 2023 and into 2024 § Added large billers in our in
Slide 5: Q3 2023 Performance
EARNINGS REPORT Q3 2023 PERFORMANCE FINANCIAL METRIC Q3 2023 Q3 2022 CHANGE CHANGE % ($ Millions | except EPS) TRANSACTIONS 115.4 92.2 23.2 25.2% REVENUE $152.4 $128.2 $24.2 18.9% CONTRIBUTION PROFIT(1) $61.5 $51.1 $10.4 20.3% CONTRIBUTION PROFIT %(1) 40.3% 39.9% - 0.40% ADJUSTED GROSS PROFIT(1) $51
Slide 6: Q3 2023 Additional Financial Data
EARNINGS REPORT Q3 2023 ADDITIONAL FINANCIAL DATA FINANCIAL METRIC Q3 2023 Q2 2023 CHANGE CHANGE % ($ Millions) CASH AND CASH EQUIVALENTS $166.9 $162.5 $4.4 2.7% FREE CASH FLOW(1) $4.3 $17.8 $(13.5) (75.8)% DAYS SALES OUTSTANDING 45 41 (4) (9.8)% WORKING CAPITAL $196 $190 $6.0 3.2% DILUTED SHARES OU
Slide 7: FY 2023 & Q4 2023 Financial Guidance
EARNINGS REPORT FY 2023 & Q4 2023 FINANCIAL GUIDANCE INCREASED GUIDANCE RANGES FOR FY 2023 FINANCIAL METRIC 2023 REVISED 2023 MIDPOINT Q4 2023 2023 PRIOR GUIDANCE ($ MILLIONS) GUIDANCE DIFFERENCE GUIDANCE REVENUE $604.5 - $608.5 $599 - $609 0.4% $155 - $159 CONTRIBUTION $235 - $237 $231 - $238 0.6%
Slide 8: Paymentus Q3 2023 Earnings Report
PAYMENTUS Q3 2023 EARNINGS REPORT
Slide 9: 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 to
Slide 10: Contribution Profit and Adjusted Gross Profit
EARNINGS REPORT CONTRIBUTION PROFIT ADJUSTED GROSS PROFIT © 2023 | PROPRIETARY & CONFIDENTIAL | 10
Slide 11: Adjusted EBITDA and Adjusted EBITDA Margin
EARNINGS REPORT ADJUSTED EBITDA AND ADJUSTED EBITDA MARGIN NON-GAAP NET INCOME AND NON GAAP EPS 1 Other nonrecurring expenses consist of an estimated liability booked in the three months ended September 30, 2022 related to the potential costs of terminating a commercial contract. 2 Discrete one-time
Slide 12: Non-GAAP Operating Expense and Free Cash Flow
EARNINGS REPORT NON-GAAP OPERATING EXPENSE FREE CASH FLOW 1 Other nonrecurring expenses consist of an estimated liability booked in the three months ended September 30, 2022 related to the potential costs of terminating a commercial contract. © 2023 | PROPRIETARY & CONFIDENTIAL | 12
Slide 13: Dushyant Sharma, Sanjay Kalra contact
DUSHYANT SHARMA SANJAY KALRA President & CEO CFO EMAIL: ir@paymentus.com Website: ir.paymentus.com @PAYMENTUSCORP PAYMENTUS PAYMENTUS PAYMENTUSCORPORATION