Paysign Inc (PAYS)

[ebrie014]

After speaking to Brian the investor relations, he explained that revenue is declared with the timing of the card programs, which makes revenue streams at times inconsistent. If you look in past years there have been some quarters where revenue slumped down.

Otherwise, gross margins have grown in comparison to the same quarter last year from 20% to 33% as cost of revenue has decreased in proportion to total revenue. Operating expenses have increased due to the addition of a call center which should pay for itself with new projects that are sure to develop. With the hiring of the capital market advisor firm I am sure this is a one off quarter and there remains a very bright future to come...