Latest news with #PayoneerGlobalInc
Yahoo
09-05-2025
- Business
- Yahoo
Why Payoneer Global Inc. (PAYO) Nosedived on Wednesday
We recently published an article titled . In this article, we are going to take a look at where Payoneer Global Inc. (NASDAQ:PAYO) stands against the other stocks. The stock market bounced back from the previous day's losses, with all major indices finishing higher as investors cheered the central bank's decision to keep interest rates unchanged. On Wednesday afternoon, the Federal Reserve kept rates steady at a range of 4.25 percent to 4.5 percent, saying that it was not in a hurry to cut rates and could still 'wait and see' the impacts of President Donald Trump's tariff policies. The Dow Jones rallied by 0.70 percent, the S&P 500 increased by 0.43 percent, and the Nasdaq grew by 0.27 percent. Beyond the major indices, bucked a broader market optimism as investors sold off on a series of disappointing news. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. A closeup of virtual and physical Mastercard cards demonstrating the company's innovative payment platform. Payoneer Global Inc. (NASDAQ:PAYO) fell by 13.60 percent on Wednesday to close at $6.16 apiece after the company withdrew its previously issued full-year guidance, coupled with a mixed earnings performance in the first quarter of the year. In its earnings release, Payoneer Global Inc. (NASDAQ:PAYO) said that it was suspending its previously issued full-year 2025 guidance given the current macroeconomic uncertainties. 'There is a broad range of potential outcomes, and as a company supporting cross-border businesses that may be negatively impacted, we face substantial risks which could impact our financial results,' Payoneer Global Inc. (NASDAQ:PAYO) Chief Financial Officer Bea Ordonez said. In the first quarter, the company reported a 29-percent drop in net income at $20.5 million versus the $28.97 million in the same period last year. Revenues, however, were higher by 7.9 percent at $246 million versus $228 million year-on-year. Operating expenses also grew by 14.8 percent to $217 million from $189 million in the same comparable period. Overall PAYO ranks 3rd on our list of Wednesday's worst performers. While we acknowledge the potential of PAYO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PAYO but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Payoneer Global Inc. (PAYO): Among the Best Growth Stocks Under $10 to Buy Right Now
We recently compiled a list of the . In this article, we are going to take a look at where Payoneer Global Inc. (NASDAQ:PAYO) stands against the other growth stocks under $10. Growth stocks refer to companies that grow their earnings and revenues at rates much above those of the broad market. The growth factor in investing has been widely recognized as a significant driver of stock price returns, especially in periods of low interest rates, low volatility, and a growing economy. For reference, growth stocks, as proxied by thematic ETFs, have consistently outperformed the broad US market during secular bull runs, such as the 2010-2021 and the 2023-2024 periods. However, the growth factor has fallen out of favor during 2025 and slightly lags the broad market year-to-date. As already mentioned above, growth stocks thrive under conditions that aren't apparently met at the moment. Interest rates are still high, and there's a lot of uncertainty about whether the Fed will rush to cut them. Furthermore, the outlook on the US economy has been undermined by tumultuous change and actions from the new US administration. The good news is that growth stocks are currently trading at a discount vs. the beginning of the year, which represents a great opportunity for those willing to take a contrarian bet against the broad market. As we discuss below, some trustworthy signals suggest that growth stocks might become favored again and start outperforming the broad market. READ ALSO: 11 Oversold Growth Stocks to Buy Now Some indications emerged that point to the possibility that the 'tariff detox' period is over and the Trump administration may be shifting to tax cuts and deregulation. Growth stocks love certainty on the economy and geopolitics, meaning that the end of the tariff dilemma is an extremely bullish signal. JP Morgan recently expressed their view on the evolution of US policy: 'On tariffs, the Administration is indicating progress on potential deals with Japan, Korea, and India, which could serve as templates for other trading partners. Of most importance is China, where the Administration has signaled some willingness to find a common ground and possibly get a deal done soon (the increasing risk of a small business default cycle kicking off is gaining attention).' In addition, there's plenty of negative official data coming every week, which is causing a lot of fear in the market. We firmly believe much of the negative data is transitory and could rebound at any moment, as soon as the US administration gives the right signal. For instance, container data from China recently showed a massive decline in shipments amid the tariff turmoil; many fear that consumer sales, transportation, and industrial activity will drastically slow down because of lower imports. Some early data from the Dallas and Philadelphia Fed have confirmed that manufacturing and general business activity are cooling, while the New Orders index has plummeted. Now, just think about it – shipments from China can instantly recover the moment that the Trump administration announces a trade deal with its main trade partners. Even if a deal with China directly won't be reached quickly enough, there are endless possibilities to evade the 140% tariffs through third countries, similar to how European exports continued into Russia after the 2022 sanctions. Another important indicator, which can be considered forward-looking, remained strong – US employers added 177,000 jobs in April and the unemployment rate was unchanged at 4.2 percent. We believe this represents a firm indication that CEOs are not rushing to downsize their business amid a likely transitory turmoil. Furthermore, we are encouraged to see high yield credit spreads back down from their peak levels two weeks ago – this is highly favorable for small-capitalization stocks, which are mostly in the growth category. This means that fixed-income investors are acknowledging that economic risk is subsiding. To sum up, a smart way to make money in the stock market is to place contrarian bets when most of the market participants are in deep fear. As growth stocks are trading at a discount amid concerns of the economy slowing down, it is an opportunistic moment to invest in the best growth stocks that could become favored again as the current tariff challenges are navigated. To compile our list of the best growth stocks, we use a screener to identify companies with a share price below $10.00 with a revenue CAGR of at least 20% in the last 5 years. Then we compared the list with Insider Monkey's proprietary database of hedge funds' ownership and included in the article the top 14 stocks with the largest number of hedge funds that own the stock as of Q4 2024, ranked in ascending order. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A closeup of virtual and physical Mastercard cards demonstrating the company's innovative payment Global Inc. (NASDAQ:PAYO) is a financial technology company that provides payment solutions for freelancers, online sellers, and small businesses specializing in e-commerce. The company's competitive advantage is establishing a strong presence at lower volume brackets (the typical freelancer receiving his pay online), which may have difficulties with cross-border payments. PAYO's platform supports transactions in more than 200 countries and also offers solutions for working capital management to help businesses grow. The US-based company was also mentioned on our recent list of 10 Best Low Priced Growth Stocks To Invest In. Payoneer Global Inc. (NASDAQ:PAYO) delivered a record-breaking 2024 with volume growth of 21%, revenue growth excluding interest income of 20%, and generated $271 million of adjusted EBITDA, representing a 28% adjusted EBITDA margin for the year. The company demonstrated strong execution across multiple fronts, with B2B volume growing 42% YoY, significantly outpacing their initial target of 25%, while average revenue per user, excluding interest income, grew 21% YoY, marking 6 consecutive quarters of acceleration. Customer adoption of 3 or more products reached 53% of total usage in Q4 2024, representing a 30% increase over Q1 2022. Looking ahead to 2025, Payoneer Global Inc. (NASDAQ:PAYO) expects revenues between $1,040 million and $1,050 million, implying 7% growth YoY. The company's strategy to build a global financial stack for enterprises is working, with a focus on connecting underserved businesses to the global economy while delivering sustainable, profitable growth. The company has demonstrated improving profitability, projecting adjusted EBITDA between $255 million and $265 million for 2025, representing an adjusted EBITDA margin of approximately 25%, while core business profitability is expected to increase to between $40 million and $50 million, over 3x higher than in 2024. With a stock price of only $7.21 and a 25.68% 5-year revenue CAGR, PAYO is one of the best growth stocks on our list. Overall PAYO ranks 10th on our list of the best growth stocks under $10 to buy right now. While we acknowledge the potential of PAYO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PAYO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
07-05-2025
- Business
- Business Wire
Payoneer Reports First Quarter 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. ('Payoneer' or the 'Company') (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today reported financial results for its first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Active ICPs are defined as customers with a Payoneer Account that have on average over $500 per month in volume and were active over the trailing twelve-month period. SMB customer take rate represents revenue from SMBs who sell on marketplaces, B2B SMBs, and Merchant Services, divided by the associated volume from each respective channel. 'Payoneer delivered another solid quarter, driven by strong ARPU growth, increasing adoption of our high-value products, focus on quality customers, and continued profitability. We also extended our regulatory advantage, becoming the third foreign company licensed as a payment service provider in China. This reflects our long-term commitment to complex, high-potential markets. Global trade is rapidly evolving. Payoneer's customers are adapting, and we are right there with them. Approximately 40% of our revenue comes from helping customers sell into non-US markets. As supply chains shift and global workforces expand, we're positioning ourselves to capture the upside. We're executing our strategy with discipline. We are balancing growth and profitability while strengthening our long-term moat by investing in our payments infrastructure and differentiated capabilities. Our strategy is simple: build the financial stack for the next generation of borderless SMBs and be their long-term partner as they grow and expand globally.' John Caplan, Chief Executive Officer First Quarter 2025 Business Highlights Revenue excluding interest income grew 16% year-over-year, driven by 7% volume growth and significant take rate expansion with SMB customers. ARPU excluding interest income grew 22%, accelerating for the seventh consecutive quarter. Growth was driven by continued strength among larger customers, growth in higher take rate B2B, Checkout and Card franchises, and various pricing initiatives. SMB customer revenue of $170 million grew 18% year-over-year, reflecting: SMBs that sell on marketplaces revenue of $110 million, up 8% year-over-year. B2B SMBs revenue of $52 million, up 37% year-over-year. Merchant Services (Checkout) revenue of $7 million, up 96% year-over-year. $1.4 billion of spend on Payoneer cards, up 29% year-over-year, with increased usage across all regions. $6.6 billion of customer funds (including both short-term and long-term funds) as of March 31, 2025, up 11% year-over-year. $17 million of share repurchases at a weighted average price of $9.04. Share repurchases slowed versus $51 million in the prior year period at a weighted average price of $4.84. In April 2025, announced the completion of a previously announced acquisition of a licensed China-based payment service provider, Easylink Payment Co., Ltd. The acquisition strengthens Payoneer's global regulatory infrastructure and positions the company to better serve its local customers in China as they export globally. 2025 Outlook Given the current macroeconomic uncertainty, Payoneer is suspending its previously issued full-year 2025 guidance. 'Payoneer delivered 16% growth in revenue excluding interest income and continued strong profitability in the first quarter. We continue to execute against our long-term vision and strategic roadmap. We remain confident in our long-term thesis - serving the complex needs of global SMBs and entrepreneurs by providing a comprehensive and differentiated financial stack that enables them to achieve their cross-border ambitions. Given the rapidly evolving and uncertain global macro and trade environment, at this time, we are suspending our previously issued full year 2025 guidance. There are a broad range of potential outcomes and as a company supporting cross-border businesses that may be negatively impacted, we face substantial risks which could impact our financial results. Our business and the customers we serve are diverse and our focus during this time is squarely on supporting our customers as they navigate the dynamic environment. Some customers may benefit from potential shifts in global trade and supply chains and we are focused on ensuring we and our customers are well positioned to capture potential new opportunities.' Bea Ordonez, Chief Financial Officer Webcast Payoneer will host a live webcast of its earnings on a conference call with the investment community beginning at 8:30 a.m. ET today, May 7, 2025. To access the webcast, go to the investor relations section of the Company's website at A replay will be available on the investor relations website following the call. About Payoneer Payoneer is the financial technology company empowering the world's small and medium-sized businesses to transact, do business, and grow globally. Payoneer was founded in 2005 with the belief that talent is equally distributed, but opportunity is not. It is our mission to enable any entrepreneur and business anywhere to participate and succeed in an increasingly digital global economy. Since our founding, we have built a global financial stack that removes barriers and simplifies cross-border commerce. We make it easier for millions of SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid, manage their funds across multiple currencies, and grow their businesses. Forward-Looking Statements This press release includes, and oral statements made from time to time by representatives of Payoneer, may be considered 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Payoneer's future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'should,' 'expect,' 'intend,' 'plan,' 'will,' 'estimate,' 'anticipate,' 'believe,' 'predict,' 'potential' or 'continue,' or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Payoneer and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) changes in applicable laws or regulations; (2) the possibility that Payoneer may be adversely affected by geopolitical events and conflicts, such as Israel's ongoing conflicts in the Middle East, and other economic, business and/or competitive factors, such as changes in global trade policies (including the imposition of tariffs); (3) changes in the assumptions underlying our financial estimates; (4) the outcome of any known and/or unknown legal or regulatory proceedings; and (5) other risks and uncertainties set forth in Payoneer's Annual Report on Form 10-K for the period ended December 31, 2024 and future reports that Payoneer may file with the SEC from time to time. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Payoneer does not undertake any duty to update these forward-looking statements. Financial Information; Non-GAAP Financial Measures Some of the financial information and data contained in this press release, such as adjusted EBITDA, have not been prepared in accordance with United States generally accepted accounting principles ('GAAP'). Payoneer uses these non-GAAP measures to compare Payoneer's performance to that of prior periods for budgeting and planning purposes. Payoneer believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Payoneer's results of operations. Payoneer's method of determining these non-GAAP measures may be different from other companies' methods and, therefore, may not be comparable to those used by other companies and Payoneer does not recommend the sole use of these non-GAAP measures to assess its financial performance. Payoneer management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in Payoneer's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. In order to compensate for these limitations, management presents non-GAAP financial measures in connection with GAAP results. You should review Payoneer's financial statements, which are included in Payoneer's Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequent Quarterly Reports on Form 10-Q, and not rely on any single financial measure to evaluate Payoneer's business. Non-GAAP measures include the following item: Adjusted EBITDA: We provide adjusted EBITDA, a non-GAAP financial measure that represents our net income (loss) adjusted to exclude, as applicable: M&A related expense (income), stock-based compensation expenses, restructuring charges, share in losses (gain) of associated company, loss (gain) from change in fair value of warrants and warrant repurchase/redemption, other financial expense (income), net, income taxes, and depreciation and amortization. Other companies may calculate the above measure differently, and therefore Payoneer's measures may not be directly comparable to similarly titled measures of other companies. In addition, in this earnings release, we reference volume, which is an operational metric. Volume refers to the total dollar value of transactions successfully completed or enabled by our platform, not including orchestration transactions. For a customer that both receives and later sends payments, we count the volume only once. We also reference ARPU (Average Revenue Per User), which is defined as the Revenue from Active Customers divided by the number of Active Customers over the period in which the Revenue was earned. Active Customers for these purposes are defined as Payoneer accountholders with at least 1 financial transaction over the period. Revenue from Active Customers represents revenue attributed to Active Customers based on their use of the Payoneer platform, including interest income earned from their balances, and excluding revenues unrelated to their activities. Disaggregation of revenue The following table presents revenue recognized from contracts with customers as well as revenue from other sources: The following table presents the Company's revenue disaggregated by primary regional market, with revenues being attributed to the country (in the region) in which the billing address of the transacting customer is located, with the exception of global bank transfer revenues, where revenues are disaggregated based on the billing address of the transaction funds source. Note that in 2024, the Company updated the definition of its primary regional markets to align with the view used by Management. This update eliminates South Asia, Middle East and North Africa as a separate region and instead includes revenues from South Asia in the Asia-Pacific region and Middle East and North Africa in the Europe, Middle East, and Africa region. The update has been applied to all periods reflected in the table below. Greater China is inclusive of mainland China, Hong Kong, Macao and Taiwan. No single country included in any of these regions generated more than 10% of total revenue. The United States is the Company's country of domicile. Of North America revenues, the U.S. represents $22,624 and $21,925 during the three months ended March 31, 2025 and 2024, respectively. Three months ended, Mar. 31, 2024 June 30, 2024 Sept. 30, 2024 Dec. 31, 2024 Mar. 31, 2025 Net income $ 28,974 $ 32,425 $ 41,574 $ 18,190 $ 20,577 Depreciation and amortization 9,408 10,712 13,510 13,666 14,390 Income taxes 13,910 15,866 (19,484) 8,016 7,192 Other financial expense (income), net (2,747) (976) (1,674) 2,978 1,550 EBITDA 49,545 58,027 33,926 42,850 43,709 Stock based compensation expenses (1) 15,077 13,666 17,430 18,614 18,755 M&A related expenses (2) 2,375 2,091 3,166 1,807 337 Gain from change in fair value of Warrants (3) (1,761) (1,006) — — — Restructuring charges (4) — — — — 2,630 Loss on Warrant repurchase/redemption (5) — — 14,746 — — Adjusted EBITDA $ 65,236 $ 72,778 $ 69,268 $ 63,271 $ 65,431 Expand Represents non-cash charges associated with stock-based compensation expense, which has been, and will continue to be for the foreseeable future, a significant recurring expense in our business and an important part of our compensation strategy. Amounts relate to M&A-related third-party fees, including related legal, consulting and other expenditures. Additionally, amounts for the three months ended March 31, 2025, December 31, 2024, and September 30, 2024 include $0.3, $1.8 and $0.2 million, respectively, in non-recurring fair value adjustment of the Skuad contingent consideration liability. Changes in the estimated fair value of the warrants are recognized as gain or loss on the consolidated statements of comprehensive income. The impact is removed from EBITDA as it represents market conditions that are not in our control. Represents non-recurring costs related to severance and other employee termination benefits. Amounts relate to a non-recurring loss on the repurchase and redemption of outstanding public warrants. TABLE - 4 PAYONEER GLOBAL INC. CONSOLIDATED BALANCE SHEETS (UNAUDITED) (U.S. dollars in thousands, except share and per share data) March 31, December 31, 2025 2024 Assets: Current assets: Cash and cash equivalents $ 524,150 $ 497,467 Restricted cash 9,979 6,633 Customer funds 6,053,390 6,439,153 Accounts receivable (net of allowance of $382 at March 31, 2025 and December 31, 2024, respectively) 9,382 11,937 Capital advance receivables (net of allowance of $4,913 at March 31, 2025 and $4,955 at December 31, 2024) 45,088 56,242 Other current assets 70,832 88,210 Total current assets 6,712,821 7,099,642 Non-current assets: Property, equipment and software, net 17,113 16,053 Goodwill 77,785 77,785 Intangible assets, net 104,669 102,390 Customer funds 525,000 525,000 Restricted cash 15,683 17,653 Deferred taxes 41,249 41,523 Severance pay fund 740 757 Operating lease right-of-use assets 20,006 19,403 Other assets 35,096 30,174 Total assets $ 7,550,162 $ 7,930,380 Liabilities and shareholders' equity: Current liabilities: Trade payables $ 32,889 $ 37,302 Outstanding operating balances 6,578,390 6,964,153 Other payables 119,716 129,621 Total current liabilities 6,730,995 7,131,076 Non-current liabilities: Deferred taxes 1,471 1,471 Other long-term liabilities 66,965 73,043 Total liabilities 6,799,431 7,205,590 Commitments and contingencies Shareholders' equity: Preferred stock, $0.01 par value, 380,000,000 shares authorized; no shares were issued and outstanding at March 31, 2025 and December 31, 2024. - - Common stock, $0.01 par value, 3,800,000,000 and 3,800,000,000 shares authorized; 400,261,352 and 395,965,588 shares issued and 362,508,704 and 360,093,249 shares outstanding at March 31, 2025 and December 31, 2024, respectively. 4,003 3,960 Treasury stock at cost, 37,752,648 and 35,872,339 shares as of March 31, 2025 and December 31, 2024, respectively. (210,702) (193,724) Additional paid-in capital 834,745 821,196 Accumulated other comprehensive loss (3,859) (12,609) Retained earnings 126,544 105,967 Total shareholders' equity 750,731 724,790 Total liabilities and shareholders' equity $ 7,550,162 $ 7,930,380 Expand TABLE - 5 P AYONEER GLOBAL INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (U.S. dollars in thousands) Three months ended March 31, 2025 2024 Cash Flows from Operating Activities Net income $ 20,577 $ 28,974 Adjustment to reconcile net income to net cash provided by operating activities: Depreciation and amortization 14,390 9,408 Deferred taxes (2,279) (1,397) Stock-based compensation expenses 18,755 15,077 Gain from change in fair value of Warrants — (1,761) Interest and amortization of discount on investments (2,568) (474) Foreign currency re-measurement loss (gain) (1,811) 1,541 Changes in operating assets and liabilities: Other current assets 16,158 (11) Trade payables (2,883) 1,465 Deferred revenue 358 (28) Accounts receivable, net 2,555 756 Capital advance extended to customers (84,078) (80,173) Capital advance collected from customers 95,232 73,533 Other payables (17,108) (12,528) Other long-term liabilities (781) 2,669 Operating lease right-of-use assets 2,121 2,287 Other assets (4,922) 172 Net cash provided by operating activities 53,716 39,510 Cash Flows from Investing Activities Purchase of property, equipment and software (4,726) (1,616) Capitalization of internal use software (16,067) (14,055) Severance pay fund distributions, net 17 19 Customer funds in transit, net (19,742) 154 Purchases of investments in available-for-sale debt securities (71,968) (118,649) Maturities of investments in available-for-sale debt securities 64,500 20,000 Net cash used in investing activities (47,986) (114,147) Cash Flows from Financing Activities Proceeds from issuance of common stock in connection with stock-based compensation plan, net of taxes paid related to settlement of equity awards and proceeds from employee equity transactions to be remitted to employees (4,400) 3,432 Outstanding operating balances, net (385,763) (469,602) Borrowings under related party facility — 5,378 Repayments under related party facility — (9,360) Receipts of collateral on interest rate derivatives 25,610 — Payments of collateral on interest rate derivatives (20,140) — Common stock repurchased (17,753) (50,961) Net cash used in financing activities (402,446) (521,113) Effect of exchange rate changes on cash and cash equivalents 1,878 (1,541) Net change in cash, cash equivalents, restricted cash and customer funds (394,838) (597,291) Cash, cash equivalents, restricted cash and customer funds at beginning of period 5,658,210 7,018,367 Cash, cash equivalents, restricted cash and customer funds at end of period $ 5,263,372 $ 6,421,076 Supplemental information of investing and financing activities not involving cash flows: Property, equipment, and software acquired but not paid $ — $ 700 Internal use software capitalized but not paid $ 4,959 $ 5,216 Right of use assets obtained in exchange for new operating lease liabilities $ — $ 1,699 Common stock repurchased but not paid $ 2,724 $ — Expand
Business Wire
30-04-2025
- Business
- Business Wire
Payoneer to Participate in the JP Morgan 53 rd Annual Global Technology, Media and Communications Conference
NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that John Caplan, Chief Executive Officer, will participate in a fireside chat at the JP Morgan 53 rd Annual Global Technology, Media and Communications Conference on Wednesday, May 14, 2025 beginning at approximately 8:00AM ET. Investors and interested parties can access the live webcast and replay of the presentation by visiting the Company's investor relations website at About Payoneer Payoneer is the financial technology company empowering the world's small and medium-sized businesses to transact, do business, and grow globally. Payoneer was founded in 2005 with the belief that talent is equally distributed, but opportunity is not. It is our mission to enable any entrepreneur and business anywhere to participate and succeed in an increasingly digital global economy. Since our founding, we have built a global financial stack that removes barriers and simplifies cross-border commerce. We make it easier for millions of SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid, manage their funds across multiple currencies, and grow their businesses.
Yahoo
08-04-2025
- Business
- Yahoo
Is Payoneer Global Inc. (PAYO) the Best Low Cost Stock to Buy According to Billionaires?
We recently published a list of . In this article, we are going to take a look at where Payoneer Global Inc. (NASDAQ:PAYO) stands against other best low cost stocks to buy according to billionaires. Markets are wobbling, and panic is becoming the headline. At times when stocks are tumbling, headlines are filled with forecasts that cause anxiety for investors. But it's not new. The process has always been part of the stock market and each time, some specific factor becomes the trigger. In 2020, it was the COVID-19 pandemic. Right now, the new tariffs introduced by the U.S. President have become the panic-inducing trigger that has initiated a sharp sell-off across major U.S. indices. According to CNBC, the significant composites in the U.S. have declined by nearly 5% after the new tariff announcement and the subsequent retaliation from major countries like China. Casual investors may perceive it as a red alert, but from the point of view of billionaire investors, it may signal a green light. READ ALSO: . To them, it is not about timing the market but staying in it. Headlines may be screaming about the volatility of stocks in the U.S. market. Seasoned investors would still understand that sharp corrections sometimes open the door to long-term value. Because of the declining indices, some of the fundamentally sound stocks are available at cheap rates. Billionaire investors who prioritize value quietly build positions in low-cost assets as prices fall and fear takes over the investment environment. These billionaires are not moving impulsively but simply following their disciplined strategy, built from long-term thinking, which enables them to identify low-cost assets with strong fundamentals and room for growth. At the same time, it is no surprise that more investors are unsure whether they should act or wait for some mythical perfect entry point because of the uncertainty prevailing in the market. However, this hesitation could prove costly. History has shown repeatedly that after a period of intense volatility, there follows a significant market gain. Billionaires tend to understand this. They know that markets move in cycles, and short-term fear often fuels long-term wealth. Using their disciplined strategies, they use the rare chance to scoop up those stocks that trade at a low price despite their high potential. It shows that low-cost stocks could provide investors with a satisfactory gain in the current market climate when chosen wisely. The stocks on our list are not just affordable. They have strong fundamentals and a potential upside that stand disproportionate to their current price tag. This is the primary reason they are incorporated into the portfolio of billionaire investors during the downturn. When exploring our curated list of 10 best low-cost stocks to buy according to billionaires, we want the potential investors to remember that the goal is not to chase the market or guess the bottom. It is to think like those who are playing the long game. We are not imitating the billionaire investors, but only their mindset, which perceives the recent dip as an opportunity instead of a setback and employs a disciplined strategy to make an informed decision. We employed a few criteria when putting together our list of 10 best low-cost stocks to buy according to billionaires. We have defined low stocks as stocks with a price of less than $15. We have considered the upside potential of the stocks we have included in our list. Stocks with less than 20% upside potential are excluded from the list. It ensures that only those stocks with a high potential for earnings are presented to the investors. As part of the filtering process, we also excluded those stocks that did not have a Buy rating from analysts. These ratings increase the credibility of the picks in our article. All the data in the article was taken from financial databases and analyst reports, with all information updated as of April 6, 2025. The stocks were then ranked according to billionaires, taken from Insider Monkey's exclusive database of billionaire stock holdings, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A closeup of virtual and physical Mastercard cards demonstrating the company's innovative payment platform. Payoneer Global Inc. (NASDAQ:PAYO) provides cross-border payment solutions tailored for freelancers, e-commerce merchants, and small to mid-sized enterprises. Based in New York, the platform enables international transactions, allows multi-currency accounts, and offers working capital loans. The company attracts customers against tough competitors like PayPal by serving underbanked markets and integrating with marketplaces like Amazon and Upwork. Payoneer Global's transparency and compliance with regulations from different jurisdictions make it a strategic facilitator of global commerce in emerging and developed economies. Payoneer Global Inc. (NASDAQ:PAYO) is supported by eight billionaires, whose collective stake is $0.18 billion. The revenue of the company went up by 17% year-over-year, reaching $262 million in the fourth quarter. The B2B volume has grown at a high rate of 42% year-over-year. Additionally, during the quarter, customer adoption of three or more AP products reached 53% of total usage. The acquisition of Squad has further empowered the company to capture a share of the global workforce management by expanding its financial stack. Payoneer Global has also gained approval from the Chinese regulatory bodies to acquire a local payment service provider, leading to high positive expectations for 2025. With 35 hedge funds maintaining positions, as per Insider Monkey's Q4 2024 database, Payoneer Global Inc. (NASDAQ:PAYO) exudes significant investor trust. The stock has been assigned a Buy rating with an upside potential of 101.29%, thus qualifying for one of the best cheap stocks to buy. Overall, PAYO ranks 10th on our list of best low cost stocks to buy according to billionaires. While we acknowledge the potential for PAYO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PAYO but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
