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Payfare Inc T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based international Earned Wage Access company powering instant access to earnings through a digital banking platform for the workforce. It partners with e-commerce marketplaces, payroll platforms and employers to provide financial security and inclusion for all workers. It partners with platforms and marketplaces, such as Uber, Lyft and DoorDash. It provides services to gig workers and businesses. The Company operates in two geographical areas: Canada and USA. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. It offers a full application programming interface suite and a turn-key private label solution. It provides multiple worker payout options, like on-demand or automatically each day or after each task, shift or sale. It provides services to various workforces of all sizes, including trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance.


TSX:PAY - Post by User

Payfare Inc > Q1 numbers confirm 2024 guidance
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Post by Hich1205on May 09, 2024 7:57am
139 Views
Post# 36030631

Q1 numbers confirm 2024 guidance

Q1 numbers confirm 2024 guidanceGood 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  
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