PaySauce (PYS) H2 2025 earnings summary

Executive summary

• Achieved strong growth, profitability, and positive free cash flow for the year ended 31 March 2025.

• Processing fee revenue grew 18% year-over-year, with total recurring revenue up 14%.

• Customer base expanded by 11%, with new customers up 17% year-over-year.

• Customer satisfaction remained high at 94%, with churn below 1% per month.

Financial highlights

• Processing fees: $6.32m (up 18% year-over-year); interest income: $2.33m (up 6%).

• Total recurring revenue: $8.65m (up 14%); gross margin: $6.71m (up 15%), gross margin percentage: 78%.

• EBTDA: $1.35m; net profit before tax: $0.46m (up $0.27m); net profit after tax: $0.68m (includes $0.32m deferred tax asset).

• Free cash flow: $0.5m (up $0.2m year-over-year).

• Customer lifetime value (CLTV): $55.3m (up 28% year-over-year).

Outlook and guidance

• Focus on accelerating customer growth in New Zealand, Australia, and the Pacific Islands.

• Continued investment in product development and user experience enhancements.

• Well positioned to build on recent successes and expand both domestically and offshore.