Added to YB: 2024-01-29
Pitch date: 2024-01-29
PAY.TO [bullish]
Payfare Inc.
-45.58%
current return
Author Info
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Company Info
Payfare Inc., a financial technology company, provides instant payout and digital banking solutions to gig economy workers in Canada, the United States, and Mexico.
Market Cap
CAD 189.8M
Pitch Price
CAD 7.35
Price Target
21.00 (+425%)
Dividend
N/A
EV/EBITDA
6.05
P/E
10.08
EV/Sales
0.47
Sector
Financial Services
Category
growth
Show full summary:
Hourglass Investing new position - Payfare $PAY.TO
$PAY.TO: Fintech for gig workers, helps retain employees. Impressive growth, now profitable with 63% TTM rev growth, no debt. Industry tailwinds + partnerships. Cheap at 1.5x sales, 29x earnings. 10x potential in 5yrs assuming 40% CAGR, margin expansion. Picks & shovels play.
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