Filing Flows › Repay Holdings (RPAY) › Q4 2024
Repay Holdings (RPAY) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 3, 2025
Repay Holdings (RPAY) reported revenue of $78.3M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and -1% from the quarter before. Operating margin was -1.5%, net loss $4.0M (5.1% of revenue).
Repay Holdings, Q4 2024: revenue $78.3M (+3% year over year), operating margin -1.5%, net loss $4.0M, operating cash flow $34.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $78.3M | -1% | +3% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | $34.3M | -43% | -2% |
| Free cash flow | $23.5M | — | +8% |
What changed
Revenue was $78.3M in Q4 2024, up 3% year over year and down 1% from the previous quarter.
Gross margin was 76.3%, down 1.0 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -1.5%. Operating expenses fell 56% while revenue rose 3%. The quarter ended with a net loss of $4.0M, after a profit of $3.2M the previous quarter. Net interest and other expense of $3.2M was the main reason.
Operating cash flow was $34.3M (down 2% year over year). Non-cash charges added back $24.4M of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items added $7.9M. After capitalized software development costs ($10.6M) and cash paid for property and equipment ($207K), free cash flow as the company reports it was $23.5M.
Questions
What was Repay Holdings' revenue in the fourth quarter 2024?
Repay Holdings (RPAY) reported revenue of $78.3M for the fourth quarter 2024 (Q4 2024), +3% from a year earlier and -1% from the quarter before.
Was Repay Holdings profitable in the fourth quarter 2024?
Operating loss was $1.2M (-1.5% of revenue) and net loss $4.0M.
Source: Repay Holdings 10-K on SEC EDGAR.