Payoneer Global reports Q4 EPS 5c, consensus 8c

Reports Q4 revenue $261.739M, consensus $242.14M…Reports 18% volume growth year-over-year reflects: B2B volume of $3.0 billion increased 37% year-over-year, driven by continued strong customer acquisition and increased average transaction sizes. SMBs that sell on marketplaces volume of $13.4B increased 14% year-over-year led by strong performance with large ecommerce sellers. Merchant Services or Checkout volume of $218M increased 114% year-over-year. Enterprise payouts volume of $5.9B increased 17% year-over-year. “2024 was a defining year for Payoneer. We achieved new records for annual volume, revenue and profitability, saw exceptional volume and revenue growth with B2B SMBs, drove increased adoption of our high value products and expanded our financial stack. These achievements are proof of our scalable, increasingly profitable business model, the size of our opportunity and the strength of our execution. Looking ahead to 2025, we will focus on expanding our regulatory moat, modernizing our technology infrastructure and further enhancing our financial stack, while seeking to deliver continued strong growth and profitability.”