Payfare Sees Revenue and User Growth in Q3 2024
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Payfare Sees Revenue and User Growth in Q3 2024

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Payfare (TSE:PAY) has released an update.

Payfare Inc. reported a robust financial performance for Q3 2024, with a net income of $4.5 million and a notable 25% increase in revenue to $59 million compared to last year. The company also saw significant user growth, reaching over 1.5 million active users, and achieved a 29% rise in total gross dollar value, indicating strong market momentum.

For further insights into TSE:PAY stock, check out TipRanks’ Stock Analysis page.

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