Payfare Inc
TSX:PAY

Watchlist Manager
Payfare Inc Logo
Payfare Inc
TSX:PAY
Watchlist
Price: 4 CAD Market Closed
Market Cap: 193.2m CAD

Net Margin
Payfare Inc

8.9%
Current
-10%
Average
1.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
8.9%
=
Net Income
19.4m
/
Revenue
216.9m

Net Margin Across Competitors

Payfare Inc
Glance View

Market Cap
192.3m CAD
Industry
Technology

Payfare, Inc. engages in the provision of mobile banking, instant payment, and loyalty-reward solutions. The company is headquartered in Toronto, Ontario and currently employs 70 full-time employees. The company went IPO on 2021-03-19. The firm provides instant payout and digital banking solutions for gig economy. The firm partners with platforms and marketplaces, such as Uber, Lyft and DoorDash to provide financial security and inclusion for their workforce. The company provides gig workers with instant access to their earnings and digital banking experience allowing them to focus financially rather than having to depend on the traditional banking system, payday loans, overdraft and credit cards. The firm operates in Canada, United States and Mexico. Its wholly owned subsidiaries include Payfare International Inc. and Payfare Mexico Inc. S.A. de C.V.

PAY Intrinsic Value
5.49 CAD
Undervaluation 27%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
8.9%
=
Net Income
19.4m
/
Revenue
216.9m
What is the Net Margin of Payfare Inc?

Based on Payfare Inc's most recent financial statements, the company has Net Margin of 8.9%.

Back to Top