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Bullboard - Stock Discussion Forum 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... see more

TSX:PAY - Post Discussion

Payfare Inc > Active User Growth....
View:
Post by 1condor on Feb 19, 2024 6:10pm

Active User Growth....

Interesting how that positive news release on the active user growth barely moved the needle in the SP. That shoud have been good for a boost. Not a holder.
Comment by Moogul on Feb 19, 2024 10:29pm
Seems odd to me this stock sp chart isnt bottom left to top right given their seemingly consistent numbers, a good thesis and great balance sheet. Of course tech and markets sold off in 2022 but I would've thought this name would have gone much higher (better than it has which isn't terrible but better). Anyways, hopefully that's the opportunity. 
Comment by 1condor on Feb 23, 2024 12:57pm
Very nice consolidation at 7 dollars and would not expect much change until earnings are released. Managements latest news release on user growth basically gave the green light that earnings will be very good. Not a holder but may be looking to reenter the stock.
Comment by Moogul on Feb 28, 2024 2:18am
Sequential q/q earnings growth may be a bit challenged by what seems to me, should be a negative forex hit in q4 (from a big 800k forex gain last qtr). So as long as they show sequential earnings growth stripping out the forex swing I think the stock will do well. 
Comment by Moogul on Feb 28, 2024 2:28am
Typo - 450k gain not 800k  soo a little more doable. 
Comment by Moogul on Feb 28, 2024 2:52am
But may end up being an ~800k swing if there's a ~400k forex loss.
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