Payoneer Global Inc. operates as a financial technology company. The company offers customers with a multi-currency account to serve their cross-border accounts receivable and accounts payable needs through payment infrastructure platform. It delivers a suite of services, such as funds management, working capital, multicurrency accounts, and workforce management. It also provides various payment options with minimal integration required, full back-office functions, and customer support. The company serves small and medium-sized businesses worldwide. Payoneer Global Inc. was founded in 2005 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $821M | $190M | $73M | $146M | 10.4% | 13.9% | -39.6% |
| 2024 | $721M | $-61M | $121M | $117M | 16.7% | 20.1% | 29.8% |
| 2023 | $600M | $-99M | $93M | $112M | 14.1% | 4.9% | -879.7% |
| 2022 | $572M | $33M | $-12M | $55M | -2.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 572.33 | 600.47 | 720.87 | 821.16 |
| Cost Of Revenue | 101.48 | 110.16 | 122.29 | 152.11 | - |
| Gross Profit | 371.93 | 462.17 | 478.18 | 568.76 | - |
| Operating Expense | - | 649.84 | 727.49 | 828.68 | 928.11 |
| Operating Income | - | -77.51 | -127.02 | -107.82 | -106.95 |
| EBITDA | - | 32.61 | -99.21 | -60.52 | 190.29 |
| EBIT | - | 11.75 | -127.02 | -107.82 | 124.67 |
| Pretax Income | - | 1.62 | 132.54 | 139.47 | 115.59 |
| Tax Provision | - | 13.59 | 39.20 | 18.31 | 42.40 |
| Net Income | - | -11.97 | 93.33 | 121.16 | 73.19 |
| Net Income Common Stockholders | - | -11.97 | 93.33 | 121.16 | 73.19 |
| Total Expenses | - | 649.84 | 727.49 | 828.68 | 928.11 |
| Interest Expense | - | 10.13 | - | - | 9.08 |
| Interest Income | - | 55.29 | 242.20 | 259.26 | 231.61 |
| Research And Development | - | 115.04 | 119.20 | 134.63 | 155.42 |
| Selling General And Administration | - | 254.57 | 297.58 | 325.10 | 376.56 |
| Normalized EBITDA | - | -1.36 | -116.57 | -48.54 | 190.29 |
| Normalized Income | - | -38.80 | 81.11 | 131.57 | 73.19 |
| Market Cap | 1,761.79 | 1,761.79 | 1,761.79 | 1,761.79 | 1,761.79 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Payoneer Global Inc.this co. | PAYO | - | 24.07β premium | 2.50 | 10.4% | 7.45 |
| KULR Technology Group, Inc. | KULR | $111M | - | 0.91 | -50.9% | -2.45 |
| Expensify, Inc. | EXFY | $106M | - | 0.74 | -16.1% | -2.34 |
| SunPower Inc. | SPWR | $105M | - | -1.02 | 50.3% | -16.16 |
| CSP Inc. | CSPI | $103M | - |
| - |
| - |
| - |
| - |
| - |
| 2.29 |
| -0.2% |
| -30.63 |
| SoundThinking, Inc. | SSTI | $89M | - | 1.22 | -13.1% | 45.14 |
| Airship AI Holdings, Inc. | AISP | $76M | 2.91 | -10.63 | -410.1% | -9.02 |
| Neonode Inc. | NEON | $26M | 3.27 | 1.07 | 34.4% | -0.11 |
| zSpace, Inc. | ZSPC | $1M | - | -0.34 | 112.8% | -0.78 |
| Peer Median | - | 3.09 | 0.82 | -6.6% | -2.40 | |