Financial Statements — PAY
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 377.69 | 338.78 | 287.91 | 266.42 | 245.85 | 187.54 | 188.81 | 180.14 | 162.06 | 159.07 | 143.64 | 148.31 | 158.34 | 163.38 | 177.51 | 266.39 |
| Total Current Assets | 494.47 | 472.50 | 417.11 | 380.93 | 361.51 | 320.10 | 294.20 | 279.64 | 255.07 | 241.02 | 232.63 | 303.64 | 281.84 | 268.03 | 263.63 | 306.85 |
| Property, Plant & Equipment | 2.32 | 0.79 | 0.95 | 1.04 | 1.06 | 1.32 | 1.44 | 1.58 | 1.68 | 1.74 | 1.67 | 2.00 | 2.05 | 2.15 | 2.30 | 2.06 |
| Goodwill | 131.78 | 131.79 | 131.81 | 131.84 | 131.82 | 131.85 | 131.85 | 131.85 | 131.85 | 131.87 | 131.85 | 129.34 | 129.39 | 129.42 | 120.93 | 13.22 |
| Intangible Assets | 10.35 | 11.17 | 13.04 | 14.81 | 16.94 | 21.10 | 23.12 | 25.14 | 29.18 | 31.27 | 33.81 | 36.11 | 38.11 | 40.04 | 52.03 | 0.20 |
| Total Non-current Assets* | 230.91 | 226.10 | 227.31 | 228.60 | 229.38 | 232.84 | 233.54 | 234.33 | 234.27 | 234.37 | 233.92 | 227.59 | 224.32 | 219.59 | 215.14 | 53.95 |
| Total Assets | 725.37 | 698.60 | 644.41 | 609.52 | 590.89 | 552.93 | 527.74 | 513.98 | 489.34 | 475.39 | 466.54 | 531.23 | 506.16 | 487.61 | 478.77 | 360.80 |
| Accounts Payable | 70.60 | 73.47 | 63.94 | 52.58 | 55.66 | 49.66 | 43.15 | 41.10 | 33.45 | 30.55 | 32.57 | 27.39 | 27.79 | 29.53 | 25.09 | 21.71 |
| Total Current Liabilities | 101.20 | 107.08 | 95.68 | 83.48 | 80.98 | 74.25 | 64.62 | 62.63 | 59.53 | 51.26 | 51.41 | 125.10 | 105.05 | 83.00 | 84.14 | 37.11 |
| Total Non-current Liabilities* | 10.76 | 8.03 | 11.34 | 9.35 | 9.52 | 9.89 | 11.49 | 11.97 | 12.36 | 15.68 | 15.09 | 12.09 | 12.94 | 15.52 | 16.10 | 13.49 |
| Total Liabilities | 111.95 | 115.11 | 107.01 | 92.82 | 90.49 | 84.14 | 76.11 | 74.59 | 71.89 | 66.94 | 66.50 | 137.19 | 117.99 | 98.52 | 100.24 | 50.61 |
| Retained Earnings | 209.29 | 183.73 | 142.18 | 124.43 | 109.73 | 82.76 | 68.33 | 58.97 | 42.34 | 35.97 | 30.13 | 28.47 | 29.20 | 31.65 | 25.27 | 24.85 |
| Total Stockholder Equity | 613.42 | 583.49 | 537.40 | 516.70 | 500.40 | 468.79 | 451.63 | 439.38 | 417.45 | 408.44 | 400.04 | 394.04 | 388.17 | 389.09 | 378.54 | 310.19 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 360.74 | 358.44 | 330.46 | 310.74 | 280.08 | 275.24 | 257.88 | 231.57 | 197.42 | 184.88 | 164.80 | 152.42 | 148.94 | 148.33 | 132.18 | 128.15 | 119.97 | 116.70 | 108.13 | 101.68 |
| Cost of Revenue | 266.43 | 272.21 | 246.47 | 235.89 | 208.60 | 209.21 | 191.85 | 170.91 | 138.67 | 132.15 | 115.31 | 105.51 | 103.08 | 108.25 | 91.04 | 90.30 | 84.14 | 81.85 | 74.39 | 70.51 |
| Gross Profit | 94.31 | 86.23 | 83.99 | 74.85 | 71.48 | 66.02 | 66.03 | 60.67 | 58.75 | 52.73 | 49.49 | 46.91 | 45.86 | 40.08 | 41.14 | 37.86 | 35.83 | 34.85 | 33.74 | 31.16 |
| Research & Development | 15.32 | 16.33 | 15.92 | 15.22 | 15.23 | 15.10 | 13.56 | 13.19 | 12.54 | 12.05 | 10.65 | 11.04 | 10.91 | 11.65 | 10.30 | 10.35 | 10.19 | 10.39 | 9.65 | 8.82 |
| Selling, General & Admin | 13.33 | 13.14 | 13.21 | 14.29 | 10.71 | 9.18 | 9.68 | 8.94 | 9.21 | 9.09 | 9.05 | 9.08 | 8.73 | 9.15 | 9.10 | 9.38 | 10.02 | 9.65 | 8.90 | 9.90 |
| Total Operating Expenses | 61.69 | 59.68 | 59.92 | 54.99 | 55.56 | 50.34 | 51.84 | 48.58 | 48.52 | 44.38 | 40.35 | 41.60 | 41.24 | 41.06 | 39.60 | 38.77 | 38.05 | 36.23 | 33.43 | 30.04 |
| Operating Income | 32.62 | 26.55 | 24.07 | 19.86 | 15.92 | 15.69 | 14.19 | 12.09 | 10.24 | 8.34 | 9.14 | 5.31 | 4.63 | (0.98) | 1.54 | (0.92) | (2.22) | (1.37) | 0.31 | 1.13 |
| Pretax Income | 35.66 | 29.09 | 26.50 | 22.60 | 18.37 | 17.80 | 16.28 | 14.44 | 12.47 | 10.76 | 11.20 | 7.20 | 6.28 | 0.45 | 2.56 | (0.44) | (2.07) | (1.35) | 0.31 | 1.12 |
| Tax Provision | 10.10 | 8.21 | 5.83 | 4.86 | 3.66 | 3.99 | 3.13 | 0.01 | 3.11 | 3.53 | 1.80 | 0.82 | 0.44 | (0.26) | 1.60 | 0.30 | 0.38 | (3.07) | (4.36) | 0.70 |
| Net Income | 25.56 | 20.88 | 20.67 | 17.74 | 14.71 | 13.81 | 13.15 | 14.43 | 9.36 | 7.23 | 9.40 | 6.38 | 5.84 | 0.70 | 0.96 | (0.74) | (2.45) | 1.72 | 4.67 | 0.42 |
| Basic EPS | 0.20 | 0.17 | 0.16 | 0.14 | 0.12 | 0.11 | 0.10 | 0.12 | 0.08 | 0.06 | 0.07 | 0.05 | 0.05 | 0.01 | 0.02 | (0.01) | (0.02) | 0.01 | 0.04 | 0.00 |
| Diluted EPS | 0.20 | 0.16 | 0.16 | 0.14 | 0.11 | 0.11 | 0.11 | 0.11 | 0.07 | 0.06 | 0.07 | 0.05 | 0.05 | 0.01 | 0.02 | (0.01) | (0.02) | 0.01 | 0.04 | 0.00 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 48.86 | 30.45 | 45.13 | 35.08 | 31.48 | 50.44 | 27.91 | 6.74 | 18.03 | 10.95 | 24.44 | 13.14 | 26.48 | 4.76 | 14.72 | (1.95) | 3.84 | 3.25 | 0.14 | 6.60 |
| Capital Expenditures | 0.11 | 0.08 | 0.08 | 0.10 | 0.12 | 0.06 | 0.08 | 0.07 | 0.19 | 0.12 | 0.09 | 0.16 | 0.29 | 0.07 | 0.09 | 0.37 | 0.27 | 0.53 | 0.15 | 0.26 |
| Free Cash Flow* | 48.75 | 30.37 | 45.05 | 34.97 | 31.36 | 50.38 | 27.83 | 6.67 | 17.84 | 10.84 | 24.35 | 12.99 | 26.20 | 4.70 | 14.63 | (2.32) | 3.58 | 2.72 | (0.02) | 6.34 |
| Investing Cash Flow | (9.08) | (9.44) | (8.74) | (10.07) | (9.42) | (8.29) | (9.14) | (8.83) | (9.28) | (9.51) | (8.45) | (8.89) | (8.68) | (8.29) | (10.89) | (8.29) | (8.10) | (7.28) | (6.39) | (62.12) |
| Financing Cash Flow | (2.10) | (3.28) | (3.50) | (3.40) | (1.78) | (1.89) | 0.18 | (0.02) | 0.04 | (0.41) | 0.18 | 0.23 | (0.49) | (1.12) | (80.22) | 18.72 | 21.86 | 2.36 | (7.46) | 4.72 |
* Derived from reported values
