Payoneer Global Inc
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
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.
Sep 30, 2024 · Filed Nov 5, 2024
PAYO$7.16+0.1%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 changes in shareholders’ equity (Unaudited)
U.S. DOLLARS IN THOUSANDS, EXCEPT SHARE DATA
| | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · Accumulated · Retained · · | ||||||||||||||||||||||
| · · · · · · · · · · · · Additional · · other · · earnings · · · | ||||||||||||||||||||||
| · · Common Stock · · Treasury Stock · · paid-in · · comprehensive · · (accumulated · · · | ||||||||||||||||||||||
| · Shares · Amount · Shares · Amount · capital · income (loss) · deficit) · Total | ||||||||||||||||||||||
| Balance at June 30, 2024 | | 382,998,980 | | $3,830 | | (30,309,589) | | $(154,692) | | $773,888 | | $150 | | $46,203 | | $669,379 | ||||||
| Exercise of options and vested RSUs, net of taxes paid related to settlement of equity awards | | 7,634,452 | | | 76 | | — | | | — | | | 9,289 | | | — | | | — | | | 9,365 |
| Stock-based compensation | | — | | | — | | — | | | — | | | 18,510 | | | — | | | — | | | 18,510 |
| Common stock repurchased | | — | | | — | | (3,748,301) | | | (21,351) | | | — | | | — | | | — | | | (21,351) |
| Unrealized gain on available-for-sale debt securities, net | | — | | | — | | — | | | — | | | — | | | 12,256 | | | — | | | 12,256 |
| Tax expense on unrealized gains on available-for-sale debt securities, net | | — | | | — | | — | | | — | | | — | | | (2,816) | | | — | | | (2,816) |
| Unrealized gain on cash flow hedges, net | | — | | | — | | — | | | — | | | — | | | 1,168 | | | — | | | 1,168 |
| Tax expense on unrealized gains on cash flow hedges, net | | — | | | — | | — | | | — | | | — | | | (211) | | | — | | | (211) |
| Net income | | — | | — | — | | — | | — | | — | | 41,574 | | 41,574 | |||||||
| Balance at September 30, 2024 | | 390,633,432 | | $3,906 | | (34,057,890) | | $(176,043) | | $801,687 | | $10,547 | | $87,777 | | $727,874 | ||||||
| | | | | | | | | | | | | | | | | | | | | | | |
| Balance at June 30, 2023 | | 363,252,231 | | $3,632 | | (4,201,025) | | $(19,725) | | $697,258 | | $(176) | | $(55,042) | | $625,947 | ||||||
| Exercise of options and vested RSUs, net of taxes paid related to settlement of equity awards | | 2,701,331 | | 27 | | — | | — | | (1,959) | | — | | — | | (1,932) | ||||||
| Stock-based compensation | | — | | — | | — | | — | | 16,160 | | — | | — | | 16,160 | ||||||
| Common stock repurchased | | — | | | — | | (2,738,092) | | | (15,034) | | | — | | | — | | | — | | | (15,034) |
| Net income | | — | | — | | — | | — | | — | | — | | 12,825 | | 12,825 | ||||||
| Balance at September 30, 2023 | | 365,953,562 | | $3,659 | | (6,939,117) | | $(34,759) | | $711,459 | | $(176) | | $(42,217) | | $637,966 | ||||||
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)
U.S. DOLLARS IN THOUSANDS, EXCEPT SHARE DATA
| | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · Accumulated · Retained · · | ||||||||||||||||||||||
| · · · · · · · · · · · · Additional · · other · · earnings · · · | ||||||||||||||||||||||
| · · Common Stock · · Treasury Stock · · paid-in · · comprehensive · · (accumulated · · · | ||||||||||||||||||||||
| · Shares · Amount · Shares · Amount · capital · income (loss) · deficit) · Total | ||||||||||||||||||||||
| Balance at December 31, 2023 | | 368,655,185 | | $3,687 | | (11,064,692) | | $(56,936) | | $732,894 | | $(176) | | $(15,196) | | $664,273 | ||||||
| Exercise of options and vested RSUs, net of taxes paid related to settlement of equity awards | | 21,280,984 | | | 212 | | — | | | — | | | 16,556 | | | — | | | — | | | 16,768 |
| Stock-based compensation | | — | | | | | — | | | — | | | 48,988 | | | — | | | — | | | 48,988 |
| ESPP shares issued | | 697,263 | | | 7 | | — | | | — | | | 3,249 | | | — | | | — | | | 3,256 |
| Common stock repurchased | | — | | | — | | (22,993,198) | | | (119,107) | | | — | | | — | | | — | | | (119,107) |
| Unrealized gain on available-for-sale debt securities, net | | — | | | — | | — | | | — | | | — | | | 13,127 | | | — | | | 13,127 |
| Tax expense on unrealized gains on available-for-sale debt securities, net | | — | | | — | | — | | | — | | | — | | | (2,816) | | | — | | | (2,816) |
| Unrealized gain on cash flow hedges, net | | — | | | — | | — | | | — | | | — | | | 503 | | | — | | | 503 |
| Tax expense on unrealized gains on cash flow hedges, net | | — | | | — | | — | | | — | | | — | | | (91) | | | — | | | (91) |
| Net income | | — | | — | — | | — | | — | | — | | 102,973 | | 102,973 | |||||||
| Balance at September 30, 2024 | | 390,633,432 | | $3,906 | | (34,057,890) | | $(176,043) | | $801,687 | | $10,547 | | $87,777 | | $727,874 | ||||||
| | | | | | | | | | | | | | | | | | | | | | | |
| Balance at December 31, 2022 | | 352,842,025 | | $3,528 | | — | | $— | | $650,433 | | $(176) | | $(108,529) | | $545,256 | ||||||
| Exercise of options, vested RSUs, and shares granted, net of taxes paid related to settlement of equity awards | | 12,079,103 | | 121 | | — | | — | | 6,399 | | — | | — | | 6,520 | ||||||
| Stock-based compensation | | — | | — | | — | | — | | 50,611 | | — | | — | | 50,611 | ||||||
| ESPP shares issued | | 1,032,434 | | | 10 | | — | | | — | | | 4,016 | | | — | | | — | | | 4,026 |
| Common stock repurchased | | — | | | — | | (6,939,117) | | | (34,759) | | | — | | | — | | | — | | | (34,759) |
| Net income | | — | | — | | — | | — | | — | | — | | 66,312 | | 66,312 | ||||||
| Balance at September 30, 2023 | | 365,953,562 | | $3,659 | | (6,939,117) | | $(34,759) | | $711,459 | | $(176) | | $(42,217) | | $637,966 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.