Also trades as: RPAYW (OTC) · $vol 0M

$3.82

+0.09 (+2.41%)

Weekly Expected Move ±5.9%

$3 $4 $4 $4 $4

NASDAQ · Technology · Software - Infrastructure · Tech Score Sell · Power 51 · $336.5M mcap · 64M float · 0.834% daily turnover · Short 53% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE

42.7 / 100

NoneWeakNarrowWide

Primary source: Network Effects · ROIC: -0.7% · 5Y Avg: -4.4%

Cost Advantage

Intangibles

Switching Cost

Network Effect

Scale

The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. RPAY shows a Weak competitive edge (42.7/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Network Effects. Negative ROIC of -0.7% indicates the company is currently destroying value, though this may reflect a growth investment phase.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

Low

Avg Target

High

Based on 7 analyst ratings (12 mo)

Analyst Recommendations

Strong Buy: 0Buy: 10Hold: 7Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$5.46

Analysts7

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2026-06-03	D.A. Davidson	Peter Heckmann	$9	$6	-3	+66.0%	$3.62
2026-06-03	UBS	—	$4	$4	+0	+19.5%	$3.56
2026-05-07	UBS	Timothy Chiodo	Initiated	$4	—	+8.7%	$3.45
2026-05-05	Stephens	—	Initiated	$4	—	-6.2%	$4.00
2026-03-10	D.A. Davidson	Peter Heckmann	Initiated	$9	—	+187.1%	$3.13
2026-03-10	Morgan Stanley	James Faucette	$4	$4	-1	+18.4%	$2.96
2025-11-14	Coker Palmer	Mark Palmer	Initiated	$8	—	+129.6%	$3.48
2025-05-14	Morgan Stanley	James Faucette	Initiated	$4	—	+7.4%	$4.19
2025-03-04	BMO Capital	—	Initiated	$8	—	+30.9%	$6.11
2022-11-06	Barclays	Ramsey El-Assal	Initiated	$8	—	+53.8%	$5.20

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

C+

Oct 02, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. RPAY receives an overall rating of C+. Strongest factors: DCF (4/5), P/B (5/5). Areas of concern: ROE (1/5), ROA (1/5), D/E (1/5), P/E (1/5).

Rating Change History

Date	From	To
2026-08-12	B-	C+
2026-08-11	C+	B-
2026-06-16	B	C+
2026-05-18	B-	B
2026-05-12	B	B-
2026-05-05	C+	B

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 21 Grade D

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

Safety

Cash Flow

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. RPAY scores highest in Momentum (40/100) and lowest in Safety (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score

-0.42

Distress Zone

Piotroski F-Score

5/9

✗ ✓ ✗ ✓ ✗ ✓ ✓ ✗ ✓

Beneish M-Score

-2.60

Unlikely Manipulator

Ohlson O-Score

-5.23

Bankruptcy prob: 0.5%

Low Risk

Credit Rating

B-

Score: 24.8/100

Trend: Deteriorating

Earnings Quality

—

OCF/NI: -0.67x

Accruals: -18.5%

The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. RPAY scores -0.42, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. RPAY scores 5/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. RPAY's score of -2.60 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. RPAY's implied 0.5% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. RPAY receives an estimated rating of B- (score: 24.8/100), with a deteriorating trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

-1.87x

PEG

0.01x

P/S

1.00x

P/B

0.67x

P/FCF

5.24x

P/OCF

3.11x

EV/EBITDA

-18.17x

EV/Revenue

3.08x

EV/EBIT

-6.43x

EV/FCF

15.55x

Earnings Yield

-47.87%

FCF Yield

19.10%

Shareholder Yield

4.98%

Graham Number

—

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. RPAY currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

0.924

NI / EBT

Interest Burden

1.121

EBT / EBIT

EBIT Margin

-0.478

EBIT / Rev

Asset Turnover

0.224

Rev / Assets

Equity Multiplier

2.731

Assets / Equity

ROE

-30.3%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. RPAY's ROE of -30.3% is driven by Asset Turnover (0.224), indicating efficient use of assets to generate revenue. A tax burden ratio of 0.92 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate

0.00%

Fair P/E

8.50x

Intrinsic Value

—

Price/Value

—

Margin of Safety

—

Premium

—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$3.82

Median 1Y

$2.78

5th Pctile

$1.06

95th Pctile

$7.36

Ann. Volatility

57.1%

25th–75th percentile 5th–95th percentile Median path Historical

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

Executive	Salary	Stock	Total
John Morris Chief Executive Officer	$500,000	$7,615,714	$8,614,814
Tim Murphy Financial ancial Officer [through May 15, 2025]	$408,333	$2,026,951	$2,739,315
David Guthrie Technology nology Officer	$408,333	$1,381,369	$2,093,137
Jacob H. Moore Executive Vice President, Consumer Payments	$367,500	$1,288,814	$1,918,056
Tyler Dempsey Counsel Counsel	$393,021	$1,171,644	$1,767,104

CEO Pay Ratio

29:1

CEO-to-Employee Pay Ratio

CEO Total Comp: $8,614,814

Avg Employee Cost (SGA/emp): $292,193

Employees: 486

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

486

+4.5% YoY

Revenue / Employee

$636,340

Rev: $309,261,000

Profit / Employee

$-528,239

NI: $-256,724,000

SGA / Employee

$292,193

Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
ROE	-6.2%	-7.2%	-2.7%	-0.9%	0.4%	1.5%	-3.1%	-3.6%	-4.9%	-12.9%	-10.6%	-10.5%	-9.7%	-1.3%	-1.6%	-15.3%	-17.6%	-41.2%	-41.9%	-30.3%	-30.27%
ROA	-3.2%	-3.6%	-1.3%	-0.5%	0.2%	0.8%	-1.7%	-2.0%	-2.7%	-7.0%	-5.8%	-5.7%	-5.0%	-0.7%	-0.8%	-7.6%	-8.3%	-18.5%	-19.3%	-11.1%	-11.08%
ROIC	-2.8%	-3.3%	-3.2%	-3.4%	-3.0%	-2.1%	-3.8%	-3.3%	-3.4%	-7.7%	-6.7%	-6.4%	-6.1%	-0.6%	-0.6%	-8.9%	-9.3%	-11.4%	-10.6%	-0.7%	-0.72%
ROCE	-2.4%	-2.9%	-3.1%	-3.3%	-2.6%	-2.9%	-2.8%	-2.4%	-2.7%	-2.0%	-1.7%	-1.4%	-0.3%	-0.2%	-0.2%	-9.2%	-10.5%	-27.2%	-24.5%	-11.1%	-11.06%
Gross Margin	75.0%	75.9%	75.5%	75.2%	76.8%	79.5%	75.9%	76.5%	76.3%	77.3%	76.2%	78.2%	77.8%	76.3%	75.9%	75.7%	74.4%	74.2%	76.1%	70.1%	70.13%
Operating Margin	-20.0%	-33.2%	-10.2%	-24.6%	-7.6%	-25.2%	-24.1%	-13.7%	-6.9%	-1.0%	-3.1%	-4.6%	-0.9%	-1.5%	-4.7%	-1.4%	-3.9%	-5.4%	-0.0%	-3.2%	-3.23%
Net Margin	-10.3%	-25.3%	20.2%	0.0%	8.2%	-9.2%	-35.4%	-6.5%	-8.3%	-96.4%	-6.5%	-5.4%	4.1%	-5.3%	-10.3%	-1.4%	-8.3%	-1.8%	-12.3%	-10.9%	-10.91%
EBITDA Margin	19.9%	22.2%	20.5%	15.8%	25.4%	6.0%	16.9%	16.7%	24.4%	24.9%	28.3%	28.7%	41.9%	22.7%	21.1%	-1.1%	26.1%	-1.5%	26.5%	21.3%	21.28%
FCF Margin	12.0%	13.6%	15.2%	13.2%	14.4%	16.0%	16.0%	17.7%	17.8%	13.2%	15.1%	18.0%	32.5%	37.1%	33.9%	34.9%	26.1%	22.9%	16.4%	19.8%	19.78%
OCF Margin	26.8%	24.3%	26.0%	24.6%	27.6%	26.6%	28.4%	30.3%	30.9%	34.9%	35.5%	38.8%	48.5%	47.9%	41.3%	41.8%	33.0%	29.5%	33.7%	33.3%	33.33%
ROE 3Y Avg	snapshot only																				-21.28%
ROE 5Y Avg	snapshot only																				-13.68%
ROA 3Y Avg	snapshot only																				-8.03%
ROIC 3Y Avg	snapshot only																				-5.00%
ROIC Economic	snapshot only																				-0.67%
Cash ROA	snapshot only																				7.00%
Cash ROIC	snapshot only																				9.69%
CROIC	snapshot only																				5.75%
NOPAT Margin	snapshot only																				-2.47%
Pretax Margin	snapshot only																				-53.64%
R&D / Revenue	snapshot only																				0.00%
SGA / Revenue	snapshot only																				45.69%
SBC / Revenue	snapshot only																				5.83%

Valuation

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
P/E Ratio	-46.70	-32.26	-80.89	-174.10	207.20	55.52	-21.40	-21.91	-15.77	-7.05	-11.24	-10.93	-10.61	-66.41	-38.46	-3.85	-3.58	-1.17	-0.83	-2.09	-1.873
P/S Ratio	10.24	7.37	6.98	5.63	2.89	2.55	2.03	2.40	2.36	2.63	3.31	3.17	2.71	2.15	1.60	1.38	1.40	0.97	0.69	1.04	0.996
P/B Ratio	2.30	1.85	1.88	1.63	0.86	0.80	0.67	0.79	0.79	0.96	1.23	1.19	1.12	0.89	0.66	0.67	0.70	0.62	0.45	0.74	0.673
P/FCF	85.34	54.17	45.78	42.69	20.08	15.90	12.73	13.56	13.23	19.84	21.90	17.58	8.33	5.80	4.72	3.95	5.36	4.23	4.18	5.24	5.236
P/OCF	38.17	30.29	26.79	22.91	10.47	9.60	7.16	7.94	7.64	7.52	9.33	8.17	5.58	4.49	3.88	3.29	4.23	3.29	2.03	3.11	3.106
EV/EBITDA	55.32	46.32	44.99	36.82	20.83	23.60	20.38	22.03	21.63	17.92	18.31	15.54	12.25	10.42	9.46	-57.26	-29.26	-3.78	-3.58	-18.17	-18.172
EV/Revenue	11.87	9.24	8.63	7.19	4.38	3.97	3.26	3.57	3.47	3.72	4.35	4.13	3.80	3.17	2.71	2.49	2.50	2.01	1.83	3.08	3.076
EV/EBIT	-62.71	-44.05	-41.61	-35.76	-28.38	-24.76	-21.64	-28.05	-24.17	-38.27	-52.85	-61.69	-264.78	-313.68	-330.91	-7.48	-6.63	-2.38	-2.18	-6.43	-6.428
EV/FCF	98.90	67.90	56.64	54.46	30.38	24.76	20.39	20.15	19.46	28.12	28.73	22.93	11.69	8.54	8.00	7.15	9.60	8.76	11.12	15.55	15.551
Earnings Yield	-2.1%	-3.1%	-1.2%	-0.6%	0.5%	1.8%	-4.7%	-4.6%	-6.3%	-14.2%	-8.9%	-9.2%	-9.4%	-1.5%	-2.6%	-26.0%	-28.0%	-85.7%	-1.2%	-47.9%	-47.87%
FCF Yield	1.2%	1.8%	2.2%	2.3%	5.0%	6.3%	7.9%	7.4%	7.6%	5.0%	4.6%	5.7%	12.0%	17.2%	21.2%	25.3%	18.6%	23.6%	23.9%	19.1%	19.10%
PEG Ratio	snapshot only																				0.015
EV/OCF	snapshot only																				9.227
EV/Gross Profit	snapshot only																				4.185
Shareholder Yield	snapshot only																				4.98%

Leverage & Solvency

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Current Ratio	2.51	1.04	1.35	1.51	1.52	1.42	2.65	3.20	3.30	3.14	3.44	3.83	2.70	2.69	3.71	0.85	0.81	0.82	1.79	1.45	1.450
Quick Ratio	2.51	1.04	1.35	1.51	1.52	1.42	2.65	3.20	3.30	3.14	3.44	3.83	2.70	2.69	3.71	0.85	0.81	0.82	1.79	1.43	1.434
Debt/Equity	0.50	0.53	0.52	0.52	0.51	0.52	0.51	0.50	0.50	0.54	0.54	0.54	0.67	0.67	0.67	0.80	0.71	0.90	0.84	1.64	1.636
Net Debt/Equity	0.37	0.47	0.45	0.45	0.44	0.44	0.40	0.39	0.37	0.40	0.38	0.36	0.45	0.42	0.45	0.55	0.55	0.66	0.75	1.46	1.458
Debt/Assets	0.27	0.27	0.28	0.28	0.28	0.28	0.28	0.28	0.28	0.29	0.29	0.29	0.32	0.32	0.33	0.36	0.33	0.36	0.35	0.48	0.481
Debt/EBITDA	10.32	10.51	10.05	9.16	8.18	9.82	9.66	9.41	9.42	7.19	6.14	5.43	5.27	5.34	5.74	-37.69	-16.53	-2.66	-2.51	-13.52	-13.517
Net Debt/EBITDA	7.59	9.37	8.63	7.96	7.06	8.44	7.65	7.20	6.92	5.27	4.36	3.62	3.52	3.35	3.87	-25.66	-12.91	-1.95	-2.24	-12.05	-12.054
Interest Coverage	-5.91	-12.50	-14.25	-13.97	-10.22	-10.32	-9.54	-8.46	-12.46	-13.27	-12.94	-10.65	-0.94	-0.40	-0.25	-8.42	-9.35	-18.71	-17.82	-8.25	-8.254
Equity Multiplier	1.87	1.93	1.88	1.84	1.82	1.82	1.82	1.79	1.80	1.86	1.86	1.87	2.07	2.06	2.03	2.23	2.16	2.48	2.39	3.40	3.403
Cash Ratio	snapshot only																				0.570
Debt Service Coverage	snapshot only																				-2.920
Cash to Debt	snapshot only																				0.108
FCF to Debt	snapshot only																				0.086
Defensive Interval	snapshot only																				208.1 days

Efficiency & Turnover

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Asset Turnover	0.14	0.16	0.16	0.16	0.16	0.17	0.18	0.18	0.18	0.19	0.20	0.20	0.20	0.20	0.20	0.21	0.21	0.22	0.23	0.22	0.224
Inventory Turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	77.58	77.576
Receivables Turnover	8.57	8.04	8.22	8.10	8.27	8.36	8.31	8.77	8.22	8.53	7.98	8.36	7.97	9.08	7.93	8.25	2.27	8.92	2.36	6.77	6.771
Payables Turnover	3.50	3.47	3.32	3.21	3.17	3.10	3.08	3.28	3.09	3.18	3.15	3.26	2.87	2.81	2.97	3.23	2.92	2.86	3.24	2.75	2.754
DSO	43	45	44	45	44	44	44	42	44	43	46	44	46	40	46	44	161	41	155	54	53.9 days
DIO	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5	4.7 days
DPO	104	105	110	114	115	118	119	111	118	115	116	112	127	130	123	113	125	128	113	133	132.5 days
Cash Conversion Cycle	-62	-60	-65	-69	-71	-74	-75	-70	-74	-72	-70	-68	-81	-90	-77	-69	36	-87	42	-74	-73.9 days
Fixed Asset Turnover	snapshot only																				16.262
Operating Cycle	snapshot only																				58.6 days
Cash Velocity	snapshot only																				4.038
Capital Intensity	snapshot only																				4.760

Growth (YoY)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue	48.1%	41.4%	46.7%	47.6%	35.4%	27.4%	19.6%	12.5%	9.1%	6.2%	5.8%	5.3%	5.9%	5.5%	2.3%	1.4%	-0.6%	-1.2%	1.0%	8.8%	8.84%
Net Income	58.2%	52.6%	81.4%	81.0%	1.1%	1.3%	-31.8%	-2.8%	-12.7%	-9.6%	-2.3%	-1.8%	-80.8%	90.8%	85.6%	-25.2%	-52.2%	-24.3%	-19.1%	-50.8%	-50.76%
EPS	72.6%	61.8%	87.4%	86.6%	1.1%	1.3%	-68.2%	-3.8%	-15.1%	-9.4%	-2.2%	-1.7%	-59.8%	90.5%	85.2%	-29.6%	-90.1%	-26.2%	-20.6%	-60.5%	-60.47%
FCF	7.5%	6.1%	19.0%	2.9%	62.5%	50.3%	25.4%	51.0%	35.1%	-12.4%	0.2%	7.1%	93.3%	2.0%	1.3%	96.3%	-20.3%	-39.1%	-51.1%	-38.3%	-38.29%
EBITDA	1.7%	1.9%	2.1%	48.1%	32.6%	7.5%	-0.3%	-6.6%	-16.7%	31.0%	57.1%	72.9%	1.0%	54.7%	23.4%	-1.2%	-1.3%	-2.7%	-2.8%	-3.2%	-3.23%
Op. Income	-15.1%	-68.7%	-39.3%	-30.9%	-17.6%	12.6%	-11.8%	8.5%	-3.4%	-1.4%	-64.7%	-73.6%	-66.0%	93.0%	90.7%	-23.3%	-32.5%	-13.9%	-11.6%	90.4%	90.44%
OCF Growth	snapshot only																				-13.30%
Asset Growth	snapshot only																				13.76%
Equity Growth	snapshot only																				-25.43%
Debt Growth	snapshot only																				51.68%
Shares Change	snapshot only																				-6.05%
Dividend Growth	snapshot only																				-1.00%

Growth (CAGR)

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue 3Y	83.2%	49.1%	39.0%	32.6%	32.4%	39.8%	34.1%	29.6%	29.8%	24.1%	22.9%	20.5%	16.1%	12.6%	9.0%	6.3%	4.8%	3.5%	3.0%	5.2%	5.15%
Revenue 5Y	—	—	—	—	—	—	—	—	55.5%	35.0%	27.7%	22.5%	21.8%	25.1%	21.1%	18.4%	18.2%	14.8%	13.9%	14.1%	14.06%
EPS 3Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EPS 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Income 3Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Income 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EBITDA 3Y	—	5.7%	1.3%	89.2%	1.8%	3.8%	6.2%	—	—	—	—	33.7%	31.3%	29.7%	24.6%	—	—	—	—	—	—
EBITDA 5Y	—	—	—	—	—	—	—	—	—	2.4%	82.3%	61.3%	1.1%	1.9%	2.7%	—	—	—	—	—	—
Gross Profit 3Y	65.9%	36.2%	27.4%	21.9%	30.0%	36.4%	34.1%	31.6%	27.9%	25.9%	24.6%	22.6%	17.9%	13.8%	9.9%	6.8%	4.6%	2.7%	2.2%	3.5%	3.45%
Gross Profit 5Y	—	—	—	—	—	—	—	—	47.7%	28.5%	21.7%	17.0%	21.0%	23.4%	21.2%	19.2%	16.7%	15.4%	14.4%	14.2%	14.19%
Op. Income 3Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Op. Income 5Y	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
FCF 3Y	—	—	—	1.3%	81.4%	43.8%	25.5%	60.6%	1.6%	1.1%	—	85.2%	61.9%	57.4%	42.3%	47.0%	27.7%	16.5%	3.9%	9.1%	9.08%
FCF 5Y	—	—	—	—	—	—	—	—	—	—	—	80.1%	73.2%	50.5%	35.3%	54.2%	95.6%	75.8%	—	50.4%	50.40%
OCF 3Y	—	—	—	1.0%	80.0%	51.6%	39.2%	57.9%	83.3%	53.8%	63.3%	48.9%	41.4%	41.2%	27.0%	26.9%	11.2%	7.1%	9.1%	8.6%	8.59%
OCF 5Y	—	—	—	—	—	—	—	—	—	—	—	74.2%	63.9%	47.8%	33.5%	42.2%	47.3%	26.2%	33.7%	25.7%	25.66%
Assets 3Y	84.3%	85.6%	84.6%	83.3%	28.7%	27.7%	24.0%	17.1%	13.1%	11.0%	2.5%	-2.6%	-1.7%	-2.3%	-2.7%	-4.9%	-6.7%	-9.7%	-10.3%	0.7%	0.68%
Assets 5Y	—	—	—	—	—	—	—	—	43.2%	42.0%	41.8%	41.7%	15.3%	15.0%	13.1%	7.6%	4.0%	1.6%	-4.1%	-0.5%	-0.46%
Equity 3Y	51.6%	51.1%	51.8%	52.0%	52.4%	52.1%	51.1%	30.2%	19.1%	17.0%	7.9%	-2.1%	-5.1%	-4.5%	-5.3%	-10.8%	-11.8%	-18.5%	-18.1%	-18.7%	-18.67%
Book Value 3Y	-34.0%	-32.3%	-0.0%	0.0%	3.3%	13.7%	13.6%	1.1%	2.4%	7.7%	1.8%	-6.6%	-9.9%	-4.5%	2.6%	-3.3%	-2.9%	-16.4%	-16.2%	-16.8%	-16.80%
Dividend 3Y	-84.9%	-84.5%	-77.2%	-56.0%	34.7%	48.5%	54.6%	-9.4%	7.2%	78.0%	75.2%	52.7%	32.6%	-12.6%	-4.9%	1.0%	6.7%	—	—	—	—

Growth Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Revenue Stability	0.95	0.99	0.96	0.93	0.95	1.00	0.99	0.97	0.99	0.98	0.97	0.96	0.96	0.94	0.90	0.87	0.83	0.81	0.80	0.87	0.872
Earnings Stability	0.39	0.45	0.16	0.01	0.01	0.00	0.04	0.01	0.03	0.18	0.20	0.06	0.03	0.01	0.03	0.05	0.08	0.18	0.20	0.80	0.797
Margin Stability	0.87	0.86	0.86	0.86	0.96	0.95	0.98	0.98	0.87	0.87	0.88	0.88	0.97	0.96	0.99	0.98	0.97	0.98	0.98	0.97	0.974
Rev. Growth Consistency	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	1.00	1.00	1.000
Earn. Growth Consistency	0.50	0.50	0.50	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.50	0.50	0.00	0.00	0.00	0.00	0.00	0.000
FCF Positive Streak	1	1	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Earnings Persistence	0.50	0.50	0.50	0.50	0.20	0.20	0.87	0.50	0.20	0.20	0.50	0.50	0.50	0.50	0.50	0.90	0.50	0.50	0.50	0.50	0.500
Earnings Smoothness	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
ROE Trend	0.06	0.08	0.11	0.15	0.13	0.15	0.07	-0.01	-0.03	-0.11	-0.08	-0.09	-0.08	0.05	0.05	-0.10	-0.12	-0.46	-0.48	-0.21	-0.212
Gross Margin Trend	-0.07	-0.03	-0.00	0.02	-0.01	0.03	0.03	0.03	0.02	0.01	0.01	0.01	0.01	0.00	0.00	-0.01	-0.02	-0.02	-0.02	-0.03	-0.032
FCF Margin Trend	0.08	0.05	0.06	0.06	0.07	0.08	0.09	0.09	0.05	-0.02	-0.00	0.03	0.16	0.22	0.18	0.17	0.01	-0.02	-0.08	-0.07	-0.067
Sustainable Growth Rate	—	—	—	—	0.4%	1.4%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Internal Growth Rate	—	—	—	—	0.2%	0.8%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

Cash Flow Quality

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
OCF/Net Income	-1.22	-1.06	-3.02	-7.60	19.79	5.78	-2.99	-2.76	-2.06	-0.94	-1.20	-1.34	-1.90	-14.78	-9.91	-1.17	-0.85	-0.35	-0.41	-0.67	-0.672
FCF/OCF	0.45	0.56	0.59	0.54	0.52	0.60	0.56	0.59	0.58	0.38	0.43	0.46	0.67	0.77	0.82	0.83	0.79	0.78	0.49	0.59	0.593
FCF/Net Income	snapshot only																				-0.399
CapEx/Revenue	14.8%	10.7%	10.8%	11.4%	13.2%	10.5%	12.4%	12.6%	13.1%	21.7%	20.4%	20.7%	16.0%	10.8%	7.4%	7.0%	7.0%	6.6%	17.3%	13.6%	13.56%
CapEx/Depreciation	snapshot only																				0.438
Accruals Ratio	-0.07	-0.07	-0.05	-0.04	-0.04	-0.04	-0.07	-0.07	-0.08	-0.14	-0.13	-0.13	-0.15	-0.10	-0.09	-0.16	-0.15	-0.25	-0.27	-0.19	-0.185
Sloan Accruals	snapshot only																				0.004
Cash Flow Adequacy	snapshot only																				2.459

Dividends & Buybacks

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Dividend Yield	0.0%	0.0%	0.0%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.5%	0.3%	0.3%	0.3%	0.3%	0.5%	0.5%	0.5%	0.0%	0.0%	0.0%	0.00%
Dividend/Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.01	$0.01	$0.01	$0.01	$0.04	$0.04	$0.03	$0.02	$0.03	$0.03	$0.03	$0.03	$0.00	$0.00	$0.00	$0.00
Payout Ratio	—	—	—	—	13.0%	3.8%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
FCF Payout Ratio	0.3%	0.2%	0.2%	1.3%	1.3%	1.1%	1.2%	1.4%	1.8%	9.0%	7.6%	5.3%	2.6%	2.0%	2.2%	2.2%	2.9%	0.0%	0.0%	0.0%	0.00%
Total Payout Ratio	—	—	—	—	1.9%	57.4%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Div. Increase Streak	0	0	0	0	0	0	0	0	1	1	1	1	1	0	0	0	0	—	—	—	—
Chowder Number	-0.96	-0.96	-0.96	-0.70	6.85	6.83	7.70	0.59	0.94	6.23	5.41	3.10	1.73	-0.33	-0.32	-0.19	-0.08	—	—	—	—
Buyback Yield	0.1%	0.0%	0.0%	0.1%	0.9%	1.0%	1.2%	1.0%	0.2%	0.6%	0.4%	0.5%	5.5%	6.2%	9.1%	10.5%	4.4%	6.4%	8.1%	5.0%	4.98%
Net Buyback Yield	-6.9%	-8.7%	0.0%	0.1%	0.9%	1.0%	1.2%	1.0%	0.2%	0.6%	0.4%	0.5%	5.4%	6.1%	9.0%	10.4%	4.4%	6.4%	8.1%	5.0%	4.98%
Total Shareholder Return	-6.9%	-8.7%	0.0%	0.1%	0.9%	1.0%	1.3%	1.1%	0.3%	1.0%	0.8%	0.8%	5.8%	6.5%	9.5%	11.0%	4.9%	6.4%	8.1%	5.0%	4.98%

DuPont Factors

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Tax Burden (NI/EBT)	0.78	0.64	0.55	0.31	-0.30	0.83	1.09	0.97	0.95	0.92	0.88	0.88	0.91	0.93	0.95	0.95	0.93	0.93	0.94	0.92	0.924
Interest Burden (EBT/EBIT)	1.48	1.71	0.76	0.52	0.30	-0.34	0.58	0.89	1.10	4.14	4.06	4.92	19.64	3.45	5.35	1.13	1.11	1.06	1.06	1.12	1.121
EBIT Margin	-0.19	-0.21	-0.21	-0.20	-0.15	-0.16	-0.15	-0.13	-0.14	-0.10	-0.08	-0.07	-0.01	-0.01	-0.01	-0.33	-0.38	-0.84	-0.84	-0.48	-0.478
Asset Turnover	0.14	0.16	0.16	0.16	0.16	0.17	0.18	0.18	0.18	0.19	0.20	0.20	0.20	0.20	0.20	0.21	0.21	0.22	0.23	0.22	0.224
Equity Multiplier	1.95	2.02	2.00	1.86	1.84	1.87	1.85	1.81	1.81	1.84	1.84	1.83	1.92	1.96	1.94	2.03	2.11	2.22	2.17	2.73	2.731

Per Share

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
EPS (Diluted TTM)	$-0.49	$-0.57	$-0.18	$-0.07	$0.03	$0.14	$-0.31	$-0.36	$-0.48	$-1.21	$-0.98	$-0.97	$-0.77	$-0.11	$-0.14	$-1.25	$-1.46	$-3.13	$-3.14	$-2.01	$-2.01
Book Value/Share	$9.99	$9.88	$7.87	$7.89	$8.17	$10.11	$9.83	$9.85	$9.66	$8.94	$8.92	$8.88	$7.32	$8.61	$8.49	$7.15	$7.47	$5.90	$5.79	$5.67	$5.63
Tangible Book/Share	$-4.94	$-5.97	$-4.35	$-4.15	$-4.10	$-4.90	$-4.45	$-4.17	$-3.92	$-3.82	$-3.67	$-3.46	$-3.53	$-3.90	$-3.77	$-3.83	$-4.14	$-3.90	$-4.06	$-8.88	$-8.88
Revenue/Share	$2.25	$2.48	$2.12	$2.28	$2.44	$3.15	$3.23	$3.26	$3.22	$3.25	$3.32	$3.33	$3.01	$3.54	$3.48	$3.50	$3.74	$3.77	$3.79	$4.06	$4.06
FCF/Share	$0.27	$0.34	$0.32	$0.30	$0.35	$0.51	$0.52	$0.58	$0.57	$0.43	$0.50	$0.60	$0.98	$1.32	$1.18	$1.22	$0.98	$0.86	$0.62	$0.80	$0.67
OCF/Share	$0.60	$0.60	$0.55	$0.56	$0.67	$0.84	$0.92	$0.99	$0.99	$1.14	$1.18	$1.29	$1.46	$1.70	$1.44	$1.47	$1.24	$1.11	$1.28	$1.35	$1.35
Cash/Share	$1.32	$0.57	$0.58	$0.53	$0.58	$0.73	$1.04	$1.16	$1.29	$1.29	$1.41	$1.60	$1.64	$2.14	$1.86	$1.83	$1.16	$1.41	$0.53	$1.00	$1.00
EBITDA/Share	$0.48	$0.49	$0.41	$0.45	$0.51	$0.53	$0.52	$0.53	$0.52	$0.68	$0.79	$0.89	$0.94	$1.08	$1.00	$-0.15	$-0.32	$-2.00	$-1.93	$-0.69	$-0.69
Debt/Share	$4.98	$5.20	$4.08	$4.08	$4.20	$5.22	$4.99	$4.97	$4.86	$4.86	$4.84	$4.81	$4.93	$5.75	$5.72	$5.75	$5.29	$5.32	$4.85	$9.28	$9.28
Net Debt/Share	$3.66	$4.63	$3.50	$3.55	$3.62	$4.48	$3.95	$3.80	$3.57	$3.56	$3.43	$3.21	$3.29	$3.61	$3.86	$3.91	$4.13	$3.91	$4.32	$8.27	$8.27

Academic Models

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Altman Z-Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-0.420
Altman Z-Prime	snapshot only																				-1.323
Piotroski F-Score	5	5	6	5	6	7	6	7	6	4	5	5	4	5	6	4	4	4	5	5	5
Beneish M-Score	-1.72	-2.17	-2.15	-2.57	-2.56	-2.67	-2.82	-2.83	-2.84	-3.10	-2.95	-3.01	-3.09	-3.04	-2.85	-3.37	1.04	-3.82	0.52	-2.60	-2.599
Ohlson O-Score	snapshot only																				-5.228
Net-Net WC	snapshot only																				$-11.11
EVA	snapshot only																				$-124511250.00

Credit

Metric	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22	Q4'22	Q1'23	Q2'23	Q3'23	Q4'23	Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Current
Credit Rating	snapshot only																				B-
Credit Score	31.02	19.30	25.58	23.79	24.82	22.52	30.52	31.61	30.81	29.74	29.78	32.12	31.60	32.97	33.13	25.83	24.69	24.41	30.84	24.80	24.799
Credit Grade	snapshot only																				16
Credit Trend	snapshot only																				-1.035
Implied Spread (bps)	snapshot only																				900.000
Industry Credit Rank	snapshot only																				15
Sector Credit Rank	snapshot only																				10

RPAY NASDAQ

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Executive Compensation

C-Suite Compensation

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Scaling Efficiency

Sign in to InsiderStreet