Added to YB: 2024-02-16
Pitch date: 2024-02-16
PAY.TO [bullish]
Payfare Inc.
-43.1%
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 7.03
Price Target
11.00 (+175%)
Dividend
N/A
EV/EBITDA
6.05
P/E
10.08
EV/Sales
0.47
Sector
Financial Services
Category
growth
Show full summary:
Payfare Inc. - $PAY.TO
PAY.TO: Fintech for gig workers like Uber. Sticky platform w/ EWA, banking & rewards. Trades at 30x P/E, 1.6x EV/S despite post-IPO leverage, growth potential in $1T mkt by 2030. Risks: competition, self-reliance. Mgmt committed w/ insider ownership. $18.8M FCF, no LT debt. $11 PT.
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