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PAID, Inc. (the Company or PAID ) was incorporated in Delaware on August 9, 1995. The Company has multiple web addresses, including www.paid.com, which offers updated information on various aspects of our operations and www.shiptime.com which showcases our online label generation software.
The business is unprofitable at the operating level (-3.17% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 11.2%, still solid. Free cash flow declined 113% despite revenue growth, conversion is weakening.
Free cash flow declined 113% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -$56K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$22M
▲ +11.2% YoY
Net Income (TTM)
-$261K
▼ -148.2% YoY
Op. Margin
-2.83%
▼ -0.5pp YoY
ROIC
-8.89%
▼ -1.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$289K
▼ -112.6% YoY
Op. Cash Flow (TTM)
$294K
▼ -111.9% YoY
Net Debt
-$793K
Net Cash Position
Cash & Equiv.
$952K
5Y CAGR: +9.9%
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