Repay Holdings Corporation (RPAY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3 WEST PACES FERRY ROAD ATLANTA, GA 30305 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 118,096 | 64,895 | 50,049 | 91,130 | 24,618 | 109 | |||
| Cash and cash equivalents | 118,096 | 64,895 | 50,049 | 91,130 | 24,618 | 109 | |||
| Receivables | 36,017 | 33,544 | 33,236 | 21,311 | 14,632 | ||||
| Prepaid expense | 131 | ||||||||
| Contract with customer, asset, after allowance for credit loss | 1,400 | ||||||||
| Other undisclosed current assets | 13,809 | 18,213 | 12,427 | 6,925 | 4,633 | ||||
| Total current assets: | 169,322 | 116,652 | 95,711 | 119,366 | 43,883 | 239 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 8,023 | 9,847 | 10,500 | 10,075 | ✕ | ||||
| Property, plant and equipment | 3,133 | 4,375 | 3,801 | 1,628 | 1,611 | ||||
| Intangible assets, net (including goodwill) | 1,163,934 | 1,328,388 | 1,401,776 | 482,875 | 413,902 | ||||
| Goodwill | 716,793 | 827,813 | 824,082 | 458,970 | 389,661 | ||||
| Intangible assets, net (excluding goodwill) | 447,141 | 500,575 | 577,694 | 23,905 | 24,242 | ||||
| Asset, held-in-trust | 263,255 | ||||||||
| Restricted cash and investments | 26,049 | 28,668 | 26,291 | 15,375 | 13,283 | ||||
| Deferred income tax assets | 146,872 | 136,370 | 145,260 | 135,337 | ✕ | ||||
| Other noncurrent assets | 2,500 | 2,500 | 2,500 | 555 | |||||
| Other undisclosed noncurrent assets | 345,322 | 308,808 | |||||||
| Total noncurrent assets: | 1,350,511 | 1,510,148 | 1,590,128 | 990,612 | 738,160 | 263,255 | |||
| TOTAL ASSETS: | 1,519,833 | 1,626,800 | 1,685,839 | 1,109,978 | 782,042 | 263,494 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 54,936 | 50,797 | 46,902 | 31,096 | 25,552 | 321 | |||
| Accounts payable | 22,030 | 21,781 | 20,083 | 11,880 | 9,586 | 321 | |||
| Accrued liabilities | 32,906 | 29,016 | 26,819 | 19,216 | 15,966 | ||||
| Debt | 6,761 | 5,500 | |||||||
| Other liabilities | 318 | 3,593 | 1,566 | ||||||
| Due to related parties | ✕ | ✕ | 1,000 | 17,394 | 15,812 | 14,571 | |||
| Other undisclosed current liabilities | 2,209 | 26,717 | 26,486 | 11,768 | 6,336 | ||||
| Total current liabilities: | 57,463 | 82,107 | 92,348 | 65,436 | 51,959 | 321 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 434,166 | 451,319 | 457,576 | 258,789 | 207,943 | ||||
| Long-term debt, excluding current maturities | 434,166 | 451,319 | 448,485 | 249,953 | 207,943 | ||||
| Liabilities, other than long-term debt | 9,085 | 10,408 | 1,547 | 10,583 | 785 | ||||
| Deferred income tax liabilities | 768 | ✕ | |||||||
| Other liabilities | 1,838 | 2,113 | 1,547 | 10,583 | 17 | ||||
| Operating lease, liability | 7,247 | 8,295 | 9,091 | 8,837 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 188,331 | 154,673 | 221,333 | 218,988 | 60,840 | 9,690 | |||
| Total noncurrent liabilities: | 631,582 | 616,400 | 680,456 | 488,360 | 269,568 | 9,690 | |||
| Total liabilities: | 689,045 | 698,507 | 772,803 | 553,796 | 321,527 | 10,011 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 815,135 | 894,562 | 874,003 | 509,314 | 254,353 | 5,000 | |||
| Treasury stock, value | (12,528) | (10,000) | |||||||
| Additional paid in capital | 1,151,327 | 1,117,736 | 1,100,012 | 691,675 | 307,914 | 3,481 | |||
| Accumulated other comprehensive income (loss) | (3) | (3) | (2) | (6,437) | 313 | ||||
| Retained earnings (accumulated deficit) | (323,670) | (213,180) | (226,016) | (175,932) | (53,878) | 1,518 | |||
| Other undisclosed equity, attributable to parent | 9 | 9 | 9 | 7 | 4 | 1 | |||
| Equity, attributable to noncontrolling interest | 15,653 | 33,731 | 39,033 | 46,868 | 206,162 | ||||
| Other undisclosed equity | 248,483 | ||||||||
| Total equity: | 830,788 | 928,293 | 913,036 | 556,182 | 460,515 | 253,483 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,519,833 | 1,626,800 | 1,685,839 | 1,109,978 | 782,042 | 263,494 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 296,627 | 279,227 | 219,258 | 155,036 | 104,603 | |||
| Cost of revenue | (69,703) | (64,826) | (61,329) | (35,837) | (25,872) | |||
| Cost of goods and services sold | (69,703) | (64,826) | (55,484) | |||||
| Gross profit: | 226,924 | 214,401 | 157,929 | 119,199 | 78,731 | |||
| Operating expenses | (338,337) | (264,902) | (211,925) | (151,208) | (126,940) | (1,151) | ||
| Other undisclosed operating income | 3,300 | |||||||
| Operating loss: | (111,413) | (47,201) | (53,996) | (32,010) | (48,209) | (1,151) | ||
| Nonoperating income (expense) | (8,122) | 62,116 | (32,732) | (97,715) | 2,560 | |||
| Investment income, nonoperating | 2,560 | |||||||
| Other nonoperating income (expense) | (455) | (245) | (9,099) | (3) | ||||
| Interest and debt expense | (5,941) | (1,416) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (119,535) | 14,915 | (92,668) | (131,140) | (48,209) | 1,408 | ||
| Other undisclosed income from continuing operations before income taxes | 5,941 | 1,416 | ||||||
| Income (loss) from continuing operations before income taxes: | (119,535) | 14,915 | (86,728) | (129,724) | (48,209) | 1,408 | ||
| Income tax expense (benefit) | 2,115 | (6,174) | 30,691 | 12,358 | ||||
| Income (loss) from continuing operations: | (117,420) | 8,741 | (56,037) | (117,366) | (48,209) | 1,408 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (56,037) | (117,366) | (48,209) | 1,408 | |
| Other undisclosed net income | 115 | |||||||
| Net income (loss): | (117,420) | 8,741 | (56,037) | (117,366) | (48,209) | 1,523 | ||
| Net income attributable to noncontrolling interest | 6,930 | 4,095 | 5,952 | 11,770 | ||||
| Net income (loss) available to common stockholders, basic: | (110,490) | 12,836 | (50,084) | (105,597) | (48,209) | 1,523 | ||
| Other undisclosed net loss available to common stockholders, diluted | (2,535) | |||||||
| Net income (loss) available to common stockholders, diluted: | (110,490) | 12,836 | (50,084) | (105,597) | (48,209) | (1,011) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (117,420) | 8,741 | (56,037) | (117,366) | (48,209) | 1,523 | ||
| Other comprehensive income (loss) | (1) | 7,642 | (8,195) | |||||
| Comprehensive income (loss): | (117,420) | 8,740 | (48,394) | (125,561) | (48,209) | 1,523 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 6,930 | 4,095 | 4,745 | 14,668 | ||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (110,490) | 12,835 | (43,650) | (110,893) | (48,209) | 1,523 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.