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Bullboard - Stock Discussion Forum Payfare Inc. T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig... see more

TSX:PAY - Post Discussion

Payfare Inc. > Q1 numbers confirm 2024 guidance
View:
Post by Hich1205 on May 09, 2024 7:57am

Q1 numbers confirm 2024 guidance

Good numbers confirming 2024 guidance.

Am I the only one thinking that the current valuation make no sens. This stock is valuated like a matured stagnant or low growth Business, certainely not like a high growth business. Current valuation is 12 x LTM adjusted net income which is just ridiculous given the company is on a track of so much growth
Comment by WillyGreen on May 09, 2024 10:13am
Agreed 
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