Paymentus Holdings, Inc. · NYSE:PAY
Paymentus — Q1 2024 Earnings Presentation
13 slides from Paymentus's earnings presentation, May 6, 2024
Slide 1: First Quarter 2024 Earnings Conference Call
May 6 TH , 2024 FIRST 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: Q1 2024 Financial Highlights
EARNINGS REPORT Q1 2024 FINANCIAL HIGHLIGHTS FINANCIAL METRIC Q1 2024 YoY GROWTH % ($ MILLIONS) REVENUE $184.9 24.6% CONTRIBUTION PROFIT(1) $69.4 29.6% ADJUSTED EBITDA(1) $19.8 135.5% 1 Non-GAAP financial measures: For definitions, reconciliation to the nearest GAAP measures and additional informati
Slide 4: Key Q1 Accomplishments
EARNINGS REPORT KEY Q1 ACCOMPLISHMENTS § Another quarter of excellent results with strong growth in revenue, contribution profit and adjusted EDITDA § Demand remains solid with strong backlog at quarter end, providing good forward visibility through 2024 § Signed new clients in utilities, general se
Slide 5: Q1 2024 vs Q1 2023 Performance
EARNINGS REPORT Q1 2024 Vs Q1 2023 PERFORMANCE FINANCIAL METRIC Q1 2024 Q1 2023 CHANGE CHANGE % ($ Millions | except EPS) TRANSACTIONS 135.3 108.5 26.8 24.7% REVENUE $184.9 $148.3 $36.6 24.6% CONTRIBUTION PROFIT(1) $69.4 $53.5 $15.9 29.6% CONTRIBUTION PROFIT %(1) 37.5% 36.1% - 1.4% ADJUSTED GROSS PR
Slide 6: Q1 2024 Additional Financial Data
EARNINGS REPORT Q1 2024 ADDITIONAL FINANCIAL DATA FINANCIAL METRIC Q1 2024 Q4 2023 CHANGE CHANGE % ($ Millions) CASH AND CASH EQUIVALENTS $184.2 $183.2 $1.0 0.5% FREE CASH FLOW(1) $1.6 $16.0 $(14.4) (90)% DEBT - - - - DAYS SALES OUTSTANDING 41 43 (2) (4.7)% WORKING CAPITAL $217.0 $207.6 $9.4 4.5% DI
Slide 7: FY 2024 and Q2 2024 Financial Guidance
EARNINGS REPORT FY 2024 and Q2 2024 FINANCIAL GUIDANCE FINANCIAL METRIC 2024 REVISED 2024 PRIOR 2024 MIDPOINT Q2 2024 ($ MILLIONS) GUIDANCE GUIDANCE DIFFERENCE GUIDANCE REVENUE $737 - $755 $720 - $744 1.9% $178 - $183 CONTRIBUTION PROFIT(1) $281 - $293 $274 - $288 2.1% $68 - $70 ADJUSTED EBITDA(1) $
Slide 8: Paymentus Q1 2024 Earnings Report
PAYMENTUS Q1 2024 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 © 2024 | PROPRIETARY & CONFIDENTIAL | 10
Slide 11: Adjusted EBITDA and Non-GAAP Net Income
EARNINGS REPORT ADJUSTED EBITDA AND ADJUSTED EBITDA MARGIN (1) Other non-recurring income consists of a remeasurement adjustment relating to the purchase price of a prior acquisition. NON-GAAP NET INCOME AND NON GAAP EPS © 2024 | PROPRIETARY & CONFIDENTIAL | 11
Slide 12: Non-GAAP Operating Expense and Free Cash Flow
EARNINGS REPORT NON-GAAP OPERATING EXPENSE FREE CASH FLOW © 2024 | PROPRIETARY & CONFIDENTIAL | 12
Slide 13: Dushyant Sharma, Sanjay Kalra
DUSHYANT SHARMA SANJAY KALRA President & CEO CFO EMAIL: ir@paymentus.com Website: ir.paymentus.com @PAYMENTUSCORP PAYMENTUS PAYMENTUS PAYMENTUSCORPORATION @PAYMENTUSCORPORATION