Paymentus Holdings Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 7, 2024
PAY$34.12-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income
(In thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $184,875 | $148,328 |
| Cost of revenue | 132,150 | 108,250 |
| Gross profit | 52,725 | 40,078 |
| Operating expenses | ||
| Research and development | 12,051 | 11,653 |
| Sales and marketing | 23,239 | 20,264 |
| General and administrative | 9,092 | 9,145 |
| Total operating expenses | 44,382 | 41,062 |
| Income (loss) from operations | 8,343 | (984) |
| Other income (expense) | ||
| Interest income, net | 2,186 | 1,440 |
| Other non-recurring income | 213 | -- |
| Foreign exchange gain (loss) | 18 | (8) |
| Income before income taxes | 10,760 | 448 |
| (Provision for) benefit from income taxes | (3,534) | 256 |
| Net income | $7,226 | $704 |
| Net income per share | ||
| Basic | $0.06 | $0.01 |
| Diluted | $0.06 | $0.01 |
| Weighted-average number of shares used to compute net income per share | ||
| Basic | 123,945,778 | 123,289,584 |
| Diluted | 126,917,654 | 123,792,741 |
| Comprehensive income | ||
| Net income | 7,226 | 704 |
| Foreign currency translation adjustments, net of tax | (42) | (7) |
| Comprehensive income | $7,184 | $697 |
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