Payoneer Global Inc.

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About 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.

Jun 30, 2025 · Filed Aug 6, 2025

PAYO$7.16+0.1%Stored close · as of Nov 10, 2026

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Contents

Condensed consolidated statements of comprehensive income (Unaudited)

U.S. DOLLARS IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA


· Three months ended · Six months ended
· · June 30, · · June 30,
· · 2025 · 2024 · · 2025 · 2024
Revenues	$260,614	$239,520	$507,231	$467,703

Transaction costs (Excluding depreciation and amortization shown separately below)	40,566	36,961	79,915	70,927
Other operating expenses	42,703	41,242	84,361	81,525
Research and development expenses	37,387	27,580	74,658	59,631
Sales and marketing expenses	57,312	50,614	112,038	100,504
General and administrative expenses	37,016	26,102	66,920	50,311
Depreciation and amortization	15,553	10,712	29,943	20,120
Total operating expenses	230,537	193,211	447,835	383,018

Operating income	30,077	46,309	59,396	84,685

Financial income (expense):
Gain from change in fair value of Warrants	-	1,006	-	2,767
Other financial income (expense), net	(227)	976	(1,777)	3,723
Financial income (expense), net	(227)	1,982	(1,777)	6,490

Income before income taxes	29,850	48,291	57,619	91,175

Income taxes	10,370	15,866	17,562	29,776

Net income	$19,480	$32,425	$40,057	$61,399

Other comprehensive income
Unrealized gain on available-for-sale debt securities, net	2,565	872	9,804	871
Tax expense on unrealized gains on available-for-sale debt securities, net	(569)	-	(2,174)	-
Unrealized gain (loss) on cash flow hedges, net	5,932	(699)	4,145	(665)
Tax benefit (expense) on unrealized gains (losses) on cash flow hedges, net	(1,135)	126	(808)	120
Unrealized gain on interest rate floor, net	2,117	-	8,138	-
Tax expense on unrealized gains on interest rate floor, net	(469)	-	(1,745)	-
Foreign currency translation adjustments	66	-	(103)	-
Other comprehensive income	8,507	299	17,257	326

Comprehensive income	$27,987	$32,724	$57,314	$61,725

Per Share Data
Net income per share attributable to common stockholders — Basic earnings per share	$0.05	$0.09	0.11	0.17
— Diluted earnings per share	$0.05	$0.09	0.10	0.16

Weighted average common shares outstanding — Basic	368,770,598	356,315,658	368,185,088	357,795,857
Weighted average common shares outstanding — Diluted	380,632,789	373,368,383	385,250,558	376,727,575

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.