Start here if you're new
what it is
Repay helps lenders, debt collectors, and businesses take digital payments through cards, bank transfers, mobile links, and software integrations.
how it gets paid
Last year Repay made $309M in revenue.
why growth slowed
Revenue fell 1.2% last year. The number that mattered was the -$1.34 GAAP EPS in the latest-quarter block—the strip’s ~-$0.11 FY2024 est. is a different definition/period, not the same line.
what just happened
Latest quarter revenue is on the order of ~$79M (see integrated processing card)—not $231M, which sits next to the consumer segment’s ~$232M FY share. Loss per share stayed brutal at -$1.34.
At a glance
C+ balance sheet — struggling to keep the lights on
30/100 earnings predictability — expect surprises
0.8% return on capital — nothing to write home about
-$0.11 fy2024 eps est
$313M fy2024 rev est
xvary composite: 38/100 — weak
What they do
Repay helps lenders, debt collectors, and businesses take digital payments through cards, bank transfers, mobile links, and software integrations.
Repay sells into narrow corners of finance like personal loans, auto loans, receivables management, and B2B payments, where payment tools are tied into the software your staff already uses. If you rip it out, you are not just changing a checkout button. You are changing card processing, ACH, settlement, and customer outreach at once. That helps support a 75.3% gross margin (gross margin → money left after direct costs → the software layer has pricing power), even with only $309 million of annual revenue.
How they make money
$309M
annual revenue · revenue declined -1.2% last year
total revenue
$309M
1.2%
The products that matter
consumer finance payment processing
Consumer Payments
$232M · 75% of revenue
this is the center of gravity at $232M, or 75% of revenue. if this segment does not re-accelerate, the headline growth target gets harder fast.
main engine
accounts payable and business workflows
Business Payments
$77M · 25% of revenue
it's smaller at $77M, but it still represents one-quarter of revenue. that makes it meaningful, even if it is not carrying the story alone.
secondary driver
integrated payment processing
Integrated Payment Processing
Q4 growth improved to 10%
q4 revenue rose 10% to $78.6M after q3 growth of 5%. that's the recent improvement management needs to repeat, not just mention.
recent momentum
Key numbers
~-82.4%
operating margin
Operating margin → what is left after running the business → the feed’s magnitude matches “lost money at the operating line,” not a positive margin.
$289M
long-term debt
That debt load is bigger than the roughly $234 million market cap, so lenders have a louder voice than equity holders.
75.3%
gross margin
Gross margin → money left after direct costs → the product has value even if the full company economics do not yet work.
$309M
annual revenue
Repay is not a concept stock. It has real scale. The problem is that $309 million of revenue still produced negative earnings.
Financial health
C+
strength
- balance sheet grade C+ — weak — may struggle to fund operations
- risk rank 3 — safer than 50% of stocks
- price stability 15 / 100
- long-term debt $289M (55% of capital)
C+ — balance sheet grade and long-term debt are flagged. this stock carries more risk than average.
Total return vs. market
Return history isn't available for RPAY right now.
source: institutional data · return history unavailable
What just happened
missed estimates
Quarterly revenue near ~$79M (not $231M), but the loss per share was still a brutal -$1.34.
Prior copy mixed company revenue with the ~$232M consumer segment. FY revenue was ~$309M and fell 1.2%—so triple-digit vs. prior year claims on the company line are not usable here. Yahoo can show a different EPS slice (e.g. -$0.08); match GAAP vs adjusted and the exact quarter.
~$79M
Q revenue (approx.)
-$1.34
eps (GAAP · Q)
75.3%
gross margin (co. · FY)
the number that mattered
The number that mattered was the -$1.34 EPS, because a 75.3% gross margin means little if the company still cannot convert revenue into profit.
source: EDGAR filings and Yahoo Finance consensus, 2026
Get this snapshot in your inbox
This page, delivered free — plus weekly updates when the numbers change. plain english, no spam.
weekly updates
earnings alerts
plain english
no spam
What could go wrong
the top risk here is margin compression in a business the market is still valuing on margin potential.
med
margin compression
UBS already cut its price target to $3.50 because of margin pressure. When gross margin sits at 75.3%, investors assume that stays high for a reason.
A five-point drop in margin on $309M of revenue would mean roughly $15.5M less gross profit. That is a real hit for a company with a $234M market cap.
med
2026 growth target miss
Management wants 10–12% revenue growth in 2026. Q4 reached 10%, but one better quarter is not the same thing as a full-year trend.
If growth slips back toward the 5.5% pace from last year, the turnaround framing weakens and the multiple probably does too.
med
balance-sheet pressure
Long-term debt is $289M, or 55% of capital. That is more debt than the entire current market cap of roughly $234M.
Small-cap stocks can work through leverage. They just do it with less room for error, especially when profitability is still thin.
med
leadership transition risk
Co-founder and President Shaler Alias stepped down on Feb 27, 2026. Transitions are manageable when the business is stable. They are harder when the business is trying to accelerate.
The immediate financial impact is unclear. The execution risk is not.
A $289M debt load, a $234M market cap, and a 10–12% growth promise make this a stock that needs clean execution quarter after quarter.
source: institutional data · regulatory filings · risk analysis
Pay attention to
guidance
2026 revenue target
Management is calling for 10–12% revenue growth in 2026. If quarterly prints do not stack up to that range, the story changes fast.
margin
75.3% gross margin
This is the premium number in the story. If it drifts lower while growth is still modest, investors will stop giving the business software-like credit.
capital returns
$23M share buyback authorization
There is still $23M available under the repurchase plan for 2026. For a $234M market cap stock, that is not trivial if management actually uses it.
leadership
post-departure execution
Shaler Alias stepping down does not change the quarter that just printed. It does change who has to deliver the next few ones.
Analyst rankings
earnings predictability
30 / 100
Low predictability means the quarterly numbers can swing around. In human-speak: analysts do not trust this business to print cleanly every time.
risk rank
3
Safer than roughly half of stocks, but that is a low bar for a levered small cap with 15 / 100 price stability.
price stability
15 / 100
This stock moves around. If you own it, you are signing up for volatility along with the thesis.
source: institutional data
Institutional activity
institutional ownership data for RPAY is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$4
current price
n/a
target midpoint · n/a from current
Want the deeper analysis?
The full deep dive: dcf model, scenario analysis, competitive moat breakdown, and quarterly tracking — everything on this page, taken further.
see plans from $5/moThe deep dive