Wednesday, May 19, 2021 10:26:24 AM
I have not more cash though if I did, likely would have bought a little more in the low 3's.
2022 will be a transition year, PAYS coming out of COVID and gradually restoring plasma volumes to normal levels. While i'm not thoroughly impressed with the guidance, I understand it given the current environment.
In terms of the "Good":
- PAYS "owns" the plasma donation center market and they have added a significant amount of new names and grown centers significantly (Issue is a temporary volume drop ie. feet in the door and management has generally done a good job at growing their base). While I don't think we will get back to our peak volumes per center we should get back close to it by year-end and with the increased center base this will reap benefits).
- New Realodable Card can bring in significant more revenue - though IMO roll-out has been slowed due to COVID and the benefits will likely be seen more in the 2022+ years.
-Pharma/Other Diversification of Revenue: PAYS has strengthened their executive team on the pharma side and has gained traction with some new initiatives - I expect this to continue in the next few years and we expand out of a niche plasma payment processor.
Some things that caused a little slow down but are for the better were the accounting policy change (this means more consistent revenue going forward rather than big swings), and we ramped up our headcount/executive team - this is good for execution though adds SG&A and simply means true operating leverage will only start occurring at higher revenue levels (as seen this year/last) plus I would also assume that we added other costs related to center growth/set-up fees over the last little while (without actually seeing the earnings come in).
All-in all - better times are ahead but I don't expect us to go parabolic, it will be a slow resumption back to normal with the Company likely getting into the higher gear in Q3 or Q4.
Best of luck.
E.
Recent PAYS News
- Paysign to Host First Quarter 2024 Earnings Call • Business Wire • 04/09/2024 08:30:00 PM
- Paysign, Inc. to Sponsor the 2024 International Plasma Protein Congress April 16-17 • Business Wire • 03/14/2024 08:30:00 PM
- Paysign, Inc. Reinforces Payment Processing Acumen With New Executive Hire • Business Wire • 03/13/2024 08:30:00 PM
- Paysign, Inc. to Sponsor the 2024 Gene Therapy for Rare Disorders Conference March 26-29 • Business Wire • 03/12/2024 08:30:00 PM
- Paysign Inc. to Sponsor the 2024 ACCESS USA Conference March 19-21 • Business Wire • 03/11/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 11:22:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 11:14:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 01:07:20 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 12:51:22 PM
- Paysign to Host Fourth Quarter and Full Year 2023 Earnings Call • Business Wire • 02/27/2024 09:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 11:01:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 10:55:56 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/12/2024 05:36:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 11:50:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 11:44:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 11:57:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 11:49:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/26/2024 12:50:43 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 01/26/2024 12:26:53 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/26/2024 12:03:20 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/24/2024 09:05:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 12:56:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 09:00:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/02/2023 09:44:16 PM
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