
Payfare Inc
TSX:PAY

Operating Margin
Payfare Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
CA |
![]() |
Payfare Inc
TSX:PAY
|
192.3m CAD |
8%
|
|
US |
![]() |
Visa Inc
NYSE:V
|
744.1B USD |
67%
|
|
US |
![]() |
Mastercard Inc
NYSE:MA
|
502.9B USD |
59%
|
|
US |
![]() |
Automatic Data Processing Inc
NASDAQ:ADP
|
122.6B USD |
26%
|
|
US |
![]() |
Fiserv Inc
NYSE:FI
|
92.2B USD |
29%
|
|
US |
![]() |
PayPal Holdings Inc
NASDAQ:PYPL
|
72.6B USD |
19%
|
|
NL |
![]() |
Adyen NV
AEX:ADYEN
|
49B EUR |
40%
|
|
US |
![]() |
Paychex Inc
NASDAQ:PAYX
|
51.7B USD |
42%
|
|
US |
![]() |
Fidelity National Information Services Inc
NYSE:FIS
|
42.3B USD |
17%
|
|
ES |
![]() |
Amadeus IT Group SA
MAD:AMS
|
31.1B EUR |
28%
|
|
US |
![]() |
Broadridge Financial Solutions Inc
NYSE:BR
|
28B USD |
17%
|
Payfare Inc
Glance View
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.

See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Payfare Inc's most recent financial statements, the company has Operating Margin of 7.8%.