Paymentus: Beneficial Guidance And More Partnership Agreements Imply Undervaluation

Summary

  • Paymentus serves billers of all sizes in different industry verticals, such as utilities, financial services, insurance, government, and telecommunications.
  • Paymentus didn't only report an increase in the revenue guidance, management also reported an increase in the number of transactions processed and a new relationship agreement with Oracle.
  • I believe that Paymentus will successfully gain new billers, financial institutions, and partners, which may enhance future revenue growth and FCF generation.

Paymentus Financial institution office building in Richmond Hill, On, Canada.

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Paymentus Holdings, Inc. (NYSE:PAY) reported an increase in the 2023 revenue guidance, as well as the 2023 EBITDA guidance. Management successfully signed a new partnership agreement with a large corporation, and continues to report transactions' processed growth. I believe that international expansion, new

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I am an ex-trader. Used to work for a large investment bank, I do growth stocks, and I live out of my investments.

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