Estados financieros detallados de Repay Holdings Corporation (RPAY): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Repay Holdings Corporation registró ingresos de $309.3M en el último ejercicio fiscal, con un CAGR de 5 años del 14.8%.
Márgenes de los últimos 12 meses: margen bruto 73.5%, margen operativo -3.1%, margen neto -49.6%. El flujo de caja libre creció a un CAGR del 84.9% en 5 años.
Al precio actual de $3.80, RPAY presenta beneficios negativos (P/E no significativo) y un ROE del -32.64%. La capitalización bursátil es de $335M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $82.3M | $94.0M | $130.0M | $104.6M | $155.0M | $219.3M | $279.2M | $296.6M | $313.0M | $309.3M |
| Coste de Ventas | $53.2M | $57.6M | $1.2M | $25.9M | $41.4M | $55.5M | $64.8M | $69.7M | $71.6M | $77.2M |
| Beneficio Bruto | $29.1M | $36.3M | $128.9M | $78.7M | $113.6M | $163.8M | $214.4M | $226.9M | $241.4M | $232.0M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $23.6M | $14.6M | $1.2M | 0 | 0 | 0 | $149.1M | 0 | $145.5M | $142.0M |
| Gastos Operativos | $27.3M | $22.1M | $1.2M | $126.9M | $145.6M | $217.8M | $261.6M | $338.3M | $249.2M | $244.1M |
| Beneficio Operativo | $1.7M | $16.4M | -$1.2M | -$48.2M | -$32.0M | -$54.0M | -$47.2M | -$111.4M | -$7.8M | -$12.0M |
| EBITDA | $5.4M | $21.7M | $29.9M | $1.9M | $26.3M | $35.3M | $127.0M | $58.5M | $100.7M | -$161.0M |
| Gastos por Intereses | 0 | $5.7M | $6.1M | $9.1M | $14.4M | $3.7M | $4.4M | $1.0M | $7.9M | $13.9M |
| Beneficio Antes de Impuestos | -$511707 | $9.4M | $1.5M | -$65.6M | -$105.0M | -$86.7M | $14.9M | -$119.5M | -$10.9M | -$277.0M |
| Impuestos | 0 | 0 | -$2.7M | $5.0M | $12.4M | -$30.7M | $6.2M | -$2.1M | -$575000 | -$5.9M |
| Beneficio Neto | -$511707 | $9.4M | $1.5M | -$55.3M | -$105.6M | -$50.1M | $12.8M | -$110.5M | -$10.2M | -$256.7M |
| BPA | $-0.08 | $1.45 | $0.05 | $-0.84 | $-0.67 | $-0.60 | $0.14 | $-1.23 | $-0.11 | $-3.00 |
| BPA Diluido | $-0.08 | $1.45 | $0.05 | $-0.84 | $-0.67 | $-0.60 | $0.12 | $-1.23 | $-0.11 | $-3.00 |
| Acciones en Circulación (Diluidas) | $6.6M | $6.5M | $32.2M | $37.5M | $52.2M | $83.3M | $110.7M | $90.0M | $89.9M | $85.6M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $77.7M | $78.6M | $80.8M | $100.7M |
| Beneficio Bruto | $57.8M | $58.3M | $61.5M | $70.6M |
| Beneficio Operativo | -$3.0M | -$4.3M | -$7000 | -$3.3M |
| EBITDA | $20.3M | -$120.3M | $21.4M | $21.4M |
| Beneficio Neto | -$6.4M | -$140.1M | -$9.9M | -$11.0M |
| BPA | $-0.08 | $-1.71 | $-0.12 | $-0.13 |
| BPA Diluido | $-0.08 | $-1.71 | $-0.12 | $-0.13 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $2.8M | $25817 | $108818 | $24.6M | $91.1M | $50.0M | $64.9M | $118.1M | $189.5M | $115.7M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $2.8M | 0 | $6.0M | $14.6M | $21.3M | $33.2M | $33.5M | $36.0M | $33.0M | $36.4M |
| Inventario | 0 | -$4.9M | -$6.0M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $5.8M | $25817 | $239430 | $43.9M | $119.4M | $95.7M | $116.7M | $180.6M | $275.2M | $196.8M |
| Inmovilizado Material | $441394 | $743284 | $1.2M | $1.6M | $11.7M | $14.3M | $14.2M | $11.2M | $13.5M | $10.1M |
| Fondo de Comercio | $94.1M | $119.5M | $119.5M | $389.7M | $459.0M | $824.1M | $827.8M | $716.8M | $716.8M | $474.5M |
| Activos Intangibles | $62.5M | $73.4M | $68.2M | $333.0M | $369.2M | $577.7M | $500.6M | $447.1M | $389.0M | $329.8M |
| Activos Totales | $164.4M | $176330 | $263.5M | $782.0M | $1.11B | $1.69B | $1.63B | $1.52B | $1.57B | $1.20B |
| Cuentas por Pagar | $1.2M | 0 | $2.9M | $9.6M | $11.9M | $20.1M | $21.8M | $22.0M | $28.9M | $25.2M |
| Deuda a Corto | $2.5M | $156600 | $4.9M | $5.5M | $6.8M | 0 | 0 | 0 | 0 | $146.5M |
| Pasivos Corrientes | $8.4M | $156600 | $320747 | $51.7M | $65.4M | $92.3M | $82.1M | $57.5M | $102.2M | $240.6M |
| Deuda a Largo | $56.6M | 0 | $89.3M | $207.9M | $250.0M | $448.5M | $451.3M | $434.2M | $496.8M | $280.1M |
| Pasivos Totales | $65.0M | $156600 | $10.0M | $321.5M | $553.8M | $772.8M | $698.5M | $689.0M | $798.7M | $718.0M |
| Reservas | 0 | -$5270 | $1.5M | -$53.9M | -$175.9M | -$226.0M | -$213.2M | -$323.7M | -$333.8M | -$590.5M |
| Patrimonio Neto | $99.5M | $19730 | $253.5M | $254.4M | $509.3M | $874.0M | $894.6M | $815.1M | $761.3M | $484.4M |
| Deuda Total | $59.1M | $156600 | $94.2M | $213.4M | $267.1M | $459.6M | $461.9M | $443.0M | $508.5M | $436.9M |
| Deuda Neta | $56.3M | $130783 | $94.1M | $188.8M | $175.9M | $409.5M | $397.0M | $324.9M | $319.0M | $321.2M |
| Capital Circulante | -$2.6M | -$130783 | -$81317 | -$7.8M | $53.9M | $3.4M | $34.5M | $123.2M | $173.0M | -$43.8M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $95.7M | $115.7M | $43.8M | $83.7M |
| Activos Totales | $1.33B | $1.20B | $1.14B | $1.61B |
| Pasivos Totales | $711.1M | $718.0M | $665.5M | $1.14B |
| Patrimonio Neto | $616.9M | $484.4M | $478.0M | $472.5M |
| Deuda Total | $436.6M | $436.9M | $400.3M | $772.8M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$511707 | $9.4M | $1.5M | -$55.3M | -$117.4M | -$56.0M | $8.7M | -$117.4M | -$10.3M | -$271.1M |
| Amortizaciones | $3.7M | $7.5M | $10.4M | $30.8M | $60.8M | $89.7M | $107.8M | $103.9M | $103.7M | $102.0M |
| Compensación en Acciones | $136726 | $622411 | $796967 | $22.9M | $19.4M | $22.3M | $20.3M | $22.2M | $24.4M | $18.3M |
| Cambio en Capital Circulante | -$1.2M | $2.6M | $190135 | $22.3M | -$143000 | -$10.4M | $1.2M | $3.1M | $30.4M | -$10.0M |
| Flujo de Caja Operativo | $2.8M | $21.1M | -$961096 | $21.3M | $28.5M | $53.3M | $74.2M | $103.6M | $150.1M | $91.1M |
| Inversiones (CapEx) | -$319894 | -$3.4M | -$5.8M | -$701539 | -$24.3M | -$23.5M | -$39.5M | -$64.4M | -$44.9M | -$286000 |
| Adquisiciones | -$60.5M | 0 | 0 | -$331.2M | -$121.7M | -$373.8M | 0 | $40.3M | 0 | 0 |
| Recompra de Acciones | 0 | -$10.0M | 0 | -$4.5M | -$1.4M | -$4.0M | -$10.0M | -$2.5M | -$41.5M | -$38.5M |
| Dividendos Pagados | -$6.3M | -$5.5M | -$6.3M | -$6.9M | -$1.5M | -$62000 | -$951000 | -$3.5M | -$2.3M | 0 |
| Flujo de Caja Libre | $2.5M | $17.7M | -$6.8M | $20.6M | $4.2M | $29.8M | $34.7M | $39.3M | $105.2M | $91.1M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $32.2M | $23.3M | $16.8M | $40.2M |
| Inversiones (CapEx) | -$11.4M | -$9.5M | -$34.0M | -$2.2M |
| Flujo de Caja Libre | $20.8M | $13.8M | -$17.1M | $38.1M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $5.5M | $4.4M | $5.0M | $4.7M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +14.2% | +38.4% | -19.5% | +48.2% | +41.4% | +27.4% | +6.2% | +5.5% | -1.2% |
| Crecimiento Beneficio Neto (anual) | | +1946.4% | -83.9% | -3729.4% | -91.0% | +52.6% | +125.6% | -960.8% | +90.8% | -2427.8% |
| Crecimiento BPA (anual) | | +1959.0% | -96.7% | -1879.7% | +20.2% | +10.4% | +123.3% | -978.6% | +91.1% | -2627.3% |
| Cambio en Acciones (anual) | | -1.1% | +394.4% | +16.4% | +39.0% | +59.7% | +32.8% | -18.6% | -0.1% | -4.8% |
| Crecimiento FCF (anual) | | +614.4% | -138.2% | +404.5% | -79.5% | +607.7% | +16.3% | +13.2% | +168.1% | -13.4% |
| Margen Bruto | 35.3% | 38.7% | 99.1% | 75.3% | 73.3% | 74.7% | 76.8% | 76.5% | 77.1% | 75.0% |
| Margen Operativo | 2.1% | 17.4% | -0.9% | -46.1% | -20.6% | -24.6% | -16.9% | -37.6% | -2.5% | -3.9% |
| Margen EBITDA | 6.6% | 23.1% | 23.0% | 1.8% | 17.0% | 16.1% | 45.5% | 19.7% | 32.2% | -52.0% |
| Margen Neto | -0.6% | 10.1% | 1.2% | -52.9% | -68.1% | -22.8% | 4.6% | -37.2% | -3.2% | -83.0% |
| Margen FCF | 3.0% | 18.8% | -5.2% | 19.7% | 2.7% | 13.6% | 12.4% | 13.2% | 33.6% | 29.5% |
| Tasa Impositiva Efectiva | -0.0% | 0.0% | -175.6% | -7.6% | -11.8% | 35.4% | 41.4% | 1.8% | 5.3% | 2.1% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.38 | $2.71 | $-0.21 | $0.55 | $0.08 | $0.36 | $0.31 | $0.44 | $1.17 | $1.06 |
| Dividendo por Acción | $0.96 | $0.84 | $0.20 | $0.18 | $0.03 | $0.00 | $0.01 | $0.04 | $0.03 | $0.00 |
| Acciones en Circulación (Básicas) | $6.6M | $6.5M | $32.2M | $37.5M | $52.2M | $83.3M | $88.8M | $90.0M | $89.9M | $85.6M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -32.64% |
| Rentabilidad sobre capital invertido | -0.70% |
| Rentabilidad sobre activos | -10.41% |
| Margen bruto | 73.49% |
| Margen operativo | -3.12% |
| Margen neto | -49.57% |
Salud financiera
| Deuda / Patrimonio | 1.64 |
| Ratio corriente | 1.45 |
| Piotroski F-Score | 5 |
| Altman Z-Score | -0.25 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -123.72 | 6.66 | 209.75 | -17.44 | -40.67 | -30.45 | 57.50 | -6.94 | -69.36 | -1.22 |
| P/VC | 0.64 | 3190.69 | 1.26 | 2.16 | 2.79 | 1.74 | 0.80 | 0.94 | 0.90 | 0.64 |
| P/V | 0.77 | 0.67 | 2.46 | 5.26 | 9.17 | 6.94 | 2.56 | 2.59 | 2.19 | 1.01 |
| Margen Bruto | 35.3% | 38.7% | 99.1% | 75.3% | 73.3% | 74.7% | 76.8% | 76.5% | 77.1% | 75.0% |
| Margen Operativo | 2.1% | 17.4% | -0.9% | -46.1% | -20.6% | -24.6% | -16.9% | -37.6% | -2.5% | -3.9% |
| Margen Neto | -0.6% | 10.1% | 1.2% | -52.9% | -68.1% | -22.8% | 4.6% | -37.2% | -3.2% | -83.0% |