Payfare Inc
TSX:PAY

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Payfare Inc
TSX:PAY
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Price: 2.11 CAD 0.96% Market Closed
Market Cap: 101.4m CAD
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Gross Margin
Payfare Inc

25.7%
Current
18%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
25.7%
=
Gross Profit
55.8m
/
Revenue
216.9m

Gross Margin Across Competitors

Country CA
Market Cap 101.4m CAD
Gross Margin
26%
Country US
Market Cap 624.6B USD
Gross Margin
80%
Country US
Market Cap 485.8B USD
Gross Margin
0%
Country US
Market Cap 119.9B USD
Gross Margin
46%
Country US
Market Cap 117.4B USD
Gross Margin
61%
Country US
Market Cap 87.7B USD
Gross Margin
40%
Country US
Market Cap 55.3B USD
Gross Margin
36%
Country US
Market Cap 50.2B USD
Gross Margin
0%
Country NL
Market Cap 44.3B EUR
Gross Margin
88%
Country US
Market Cap 44.2B USD
Gross Margin
38%
Country ES
Market Cap 29.6B EUR
Gross Margin
76%
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Payfare Inc
Glance View

Market Cap
101.4m 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
5.4 CAD
Undervaluation 61%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
25.7%
=
Gross Profit
55.8m
/
Revenue
216.9m
What is the Gross Margin of Payfare Inc?

Based on Payfare Inc's most recent financial statements, the company has Gross Margin of 25.7%.