Payoneer Global Inc. operates a payment and commerce-enabling platform that facilitates marketplaces, platforms and online merchants worldwide. It delivers a suite of services that includes cross-border payments, B2B accounts payable/accounts receivable, multi-currency account, physical and virtual Mastercard cards, working capital, merchant, tax, compliance and risk, and others. The company's platform delivers bank-grade security, stability, and redundancy combined with modern digital capabilities that interconnects the world on a single platform. Its cross-border payment solutions support an ecosystem of marketplaces and marketplace sellers to pay their sellers in approximately 190 countries and territories by connecting to Payoneer APIs and for sellers to get paid. The company was founded in 2005 and is based in New York, New York.
Revenue of Payoneer Global Inc. (PAYO)
Revenue in 2023 (TTM): $831.1 M
According to Payoneer Global Inc.'s latest financial reports the company's current revenue (TTM) is $831.1 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Payoneer Global Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $831.1 M | $682.78 M | $131.42 M | $132.54 M | $93.33 M |
| 2022 | $627.62 M | $517.46 M | $-8,228,000 | $1.62 M | $-11,968,000 |
| 2021 | $473.4 M | $371.93 M | $-7,136,000 | $-25,239,000 | $-33,950,000 |
| 2020 | $345.59 M | $248.55 M | $1.2 M | $-15,283,000 | $-23,603,000 |
| 2019 | $317.75 M | $223.09 M | $13.98 M | $4.17 M | $-544,000 |
| 2018 | $260.14 M | $178.77 M | $5.95 M | $-4,100,000 | $-7,189,000 |