Paysign Inc (PAYS)

[ebrie014]

You may have an opportunity to pick some up at a cheaper price - Q3 was weak based on delays from system installations (they are conservative with revenue recognition so only when a system is fully set up and operating can they report it. Though I’m glad to see their recurring revenue is starting to climb as the more systems in the field the more they will have a consistent revenue stream without the « bulkier » equipment sales. I like the long term prospects but this stuff takes time and patients is key.

Glad to see PAYS is now being rewarded for a great earnings report. I am quite happy with the margin improvement and believe great things are to come. As for RPAY seems like a short term opportunity they did a recent acquisition and have a track record of being serial acquirers in the space with consistent growth (at an attractive valuation!).

Best of luck!

E.