Paid Financials
This page shows Paid (PAYD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth is not yet producing operating leverage, and a thinner liquidity cushion now matters more than debt.
Across recent annual periods, revenue added$4.1M and gross profit added$859K , yet operating losses never disappeared despite the larger scale. At the same time, operating cash flow slipped from$236K to-$53K , showing growth without fixed-cost absorption rather than a business converting added sales into dependable cash.
The bottom line looked better than core operations in FY2023 and FY2024, because net income stayed positive while operating income remained negative. A roughly steady gross margin near
The balance-sheet posture improved in one sense as debt-to-equity moved from 0.7x to 0.5x, so overall leverage eased. But the current ratio fell from 2.3x to 0.9x, leaving less room to absorb short-term obligations in day-to-day operations.
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Paid's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Paid has an operating margin of -3.2%, meaning the company retains $-3 of operating profit per $100 of revenue. This below-average margin results in a low score of 15/100, suggesting thin profitability after operating expenses. This is down from -2.6% the prior year.
Paid's revenue grew 11.4% year-over-year to $20.7M, a solid pace of expansion. This earns a growth score of 53/100.
Paid carries a low D/E ratio of 0.49, meaning only $0.49 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
Paid's current ratio of 0.85 is below the typical benchmark, resulting in a score of 12/100. However, the company holds substantial cash reserves (53% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
While Paid generated -$53K in operating cash flow, capex of $2K consumed most of it, leaving -$56K in free cash flow. This results in a low score of 27/100, reflecting heavy capital investment rather than weak cash generation.
Paid generates a -6.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is down from 15.2% the prior year.
Paid passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Paid generates $0.14 in operating cash flow (-$53K OCF vs -$368K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Paid generated $20.7M in revenue in fiscal year 2025. This represents an increase of 11.4% from the prior year.
Paid's EBITDA was -$365K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 93.6% from the prior year.
Paid reported -$368K in net income in fiscal year 2025. This represents a decrease of 148.2% from the prior year.
Paid earned $-0.04 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 144.4% from the prior year.
Cash & Balance Sheet
Paid generated -$56K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 112.6% from the prior year.
Paid held $1.1M in cash against $0 in long-term debt as of fiscal year 2025.
Paid had 8M shares outstanding in fiscal year 2025. This represents an increase of 3.9% from the prior year.
Margins & Returns
Paid's gross margin was 22.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.
Paid's operating margin was -3.2% in fiscal year 2025, reflecting core business profitability. This is down 0.5 percentage points from the prior year.
Paid's net profit margin was -1.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.9 percentage points from the prior year.
Paid's ROE was -6.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 21.8 percentage points from the prior year.
Capital Allocation
Paid spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.
Paid invested $2K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 62.2% from the prior year.
PAYD Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3M-1.2% | $5.4M-2.1% | $5.5M+1.5% | $5.4M+24.0% | $4.4M-18.6% | $5.4M+20.9% | $4.4M-3.4% | $4.6M |
| Cost of Revenue | $4.3M+0.4% | $4.2M+0.4% | $4.2M+0.1% | $4.2M+25.9% | $3.4M-25.6% | $4.5M+34.3% | $3.4M-3.8% | $3.5M |
| Gross Profit | $1.1M-7.4% | $1.1M-10.3% | $1.3M+6.3% | $1.2M+17.8% | $1.0M+18.4% | $862K-20.5% | $1.1M-2.1% | $1.1M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $371K-8.5% | $405K+5.1% | $385K-10.9% | $433K-17.6% | $525K-13.7% | $609K+18.7% | $513K+6.3% | $483K |
| Operating Income | -$118K-3.6% | -$114K-549.9% | $25K+106.2% | -$407K-156.0% | -$159K+30.9% | -$230K-53.7% | -$150K-98.3% | -$76K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $456+100.2% | -$243K-3889.7% | $6K+1305.5% | $456 | $0+100.0% | -$50K-4605.8% | $1K-58.5% | $3K |
| Net Income | -$42K-128.5% | $146K+353.2% | $32K+108.1% | -$397K-167.1% | -$149K+13.8% | -$173K-29.1% | -$134K-117.4% | $770K |
| EPS (Diluted) | $0.00 | N/A | $0.00+100.0% | $-0.05-150.0% | $-0.02 | N/A | $-0.02-120.0% | $0.10 |
PAYD Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.4M+1.4% | $8.3M-0.6% | $8.3M+1.6% | $8.2M+4.4% | $7.8M-7.0% | $8.4M+0.7% | $8.4M-0.7% | $8.4M |
| Current Assets | $1.8M-1.3% | $1.8M-4.4% | $1.9M+10.1% | $1.7M+22.6% | $1.4M-27.7% | $1.9M-67.2% | $5.8M-6.5% | $6.2M |
| Cash & Equivalents | $952K-14.1% | $1.1M-3.6% | $1.1M+7.6% | $1.1M+42.2% | $751K-41.5% | $1.3M+17.9% | $1.1M-27.5% | $1.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $442K+45.9% | $303K-6.8% | $325K+4.8% | $310K+8.1% | $287K+48.1% | $194K-7.7% | $210K-17.3% | $254K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.7M+0.3% | $2.7M-14.1% | $3.2M0.0% | $3.2M+5.6% | $3.0M-11.8% | $3.4M+13.7% | $3.0M+2.2% | $2.9M |
| Current Liabilities | $2.1M+1.3% | $2.1M-9.2% | $2.3M+1.2% | $2.3M+6.0% | $2.1M-15.6% | $2.5M+25.7% | $2.0M-2.3% | $2.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $5.6M+1.9% | $5.5M+7.8% | $5.1M+2.6% | $5.0M+3.7% | $4.8M-3.8% | $5.0M-0.6% | $5.1M-2.4% | $5.2M |
| Retained Earnings | -$69.3M-0.1% | -$69.2M+0.2% | -$69.4M0.0% | -$69.4M-0.6% | -$69.0M-0.2% | -$68.9M-0.7% | -$68.4M-0.2% | -$68.2M |
PAYD Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$131K-606.4% | $26K-85.0% | $173K-23.4% | $226K+147.3% | -$478K-180.9% | $590K+369.0% | -$219K-172.6% | $302K |
| Capital Expenditures | $2K+95650.0% | $2-89.5% | $19-99.2% | $2K | $0+100.0% | -$46-411.1% | -$9+81.3% | -$48 |
| Free Cash Flow | -$133K-613.8% | $26K-85.0% | $173K-22.6% | $223K+146.7% | -$478K-180.9% | $590K+369.0% | -$219K-172.6% | $302K |
| Investing Cash Flow | -$2K+97.4% | -$75K0.0% | -$75K-2964.5% | -$2K | $0+100.0% | -$1K+99.3% | -$198K-297.4% | -$50K |
| Financing Cash Flow | $0 | $0+100.0% | -$1 | $0-100.0% | $2K-49.6% | $4K | $0 | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | $0 | N/A | N/A | N/A | $0 | $0 | $0 |
PAYD Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.9%-1.3pp | 21.2%-1.9pp | 23.2%+1.0pp | 22.1%-1.2pp | 23.3%+7.3pp | 16.0%-8.3pp | 24.4%+0.3pp | 24.1% |
| Operating Margin | -2.2%-0.1pp | -2.1%-2.6pp | 0.5%+8.0pp | -7.5%-3.9pp | -3.6%+0.6pp | -4.3%-0.9pp | -3.4%-1.7pp | -1.6% |
| Net Margin | -0.8%-3.5pp | 2.7%+2.1pp | 0.6%+7.9pp | -7.3%-3.9pp | -3.4%-0.2pp | -3.2%-0.2pp | -3.0%-19.7pp | 16.7% |
| Return on Equity | -0.7%-3.4pp | 2.6%+2.0pp | 0.6%+8.6pp | -7.9%-4.8pp | -3.1%+0.4pp | -3.4%-0.8pp | -2.6%-17.5pp | 14.9% |
| Return on Assets | -0.5%-2.3pp | 1.8%+1.4pp | 0.4%+5.2pp | -4.9%-3.0pp | -1.9%+0.2pp | -2.1%-0.5pp | -1.6%-10.7pp | 9.1% |
| Current Ratio | 0.83-0.0 | 0.85+0.0 | 0.81+0.1 | 0.75+0.1 | 0.64-0.1 | 0.75-2.1 | 2.88-0.1 | 3.01 |
| Debt-to-Equity | 0.490.0 | 0.49-0.1 | 0.62-0.0 | 0.64+0.0 | 0.62-0.1 | 0.68+0.1 | 0.59+0.0 | 0.57 |
| FCF Margin | -2.5%-3.0pp | 0.5%-2.7pp | 3.1%-1.0pp | 4.1%+15.0pp | -10.9%-21.9pp | 11.0%+15.9pp | -4.9%-11.5pp | 6.6% |
Note: The current ratio is below 1.0 (0.85), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Paid's annual revenue?
Paid (PAYD) reported $20.7M in total revenue for fiscal year 2025. This represents a 11.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Paid's revenue growing?
Paid (PAYD) revenue grew by 11.4% year-over-year, from $18.6M to $20.7M in fiscal year 2025.
Is Paid profitable?
No, Paid (PAYD) reported a net income of -$368K in fiscal year 2025, with a net profit margin of -1.8%.
What is Paid's EBITDA?
Paid (PAYD) had EBITDA of -$365K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Paid's gross margin?
Paid (PAYD) had a gross margin of 22.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Paid's operating margin?
Paid (PAYD) had an operating margin of -3.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Paid's net profit margin?
Paid (PAYD) had a net profit margin of -1.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Paid's return on equity (ROE)?
Paid (PAYD) has a return on equity of -6.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Paid's free cash flow?
Paid (PAYD) generated -$56K in free cash flow during fiscal year 2025. This represents a -112.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Paid's operating cash flow?
Paid (PAYD) generated -$53K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Paid's total assets?
Paid (PAYD) had $8.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Paid's capital expenditures?
Paid (PAYD) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Paid's current ratio?
Paid (PAYD) had a current ratio of 0.85 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Paid's debt-to-equity ratio?
Paid (PAYD) had a debt-to-equity ratio of 0.49 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Paid's return on assets (ROA)?
Paid (PAYD) had a return on assets of -4.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Paid's cash runway?
Based on fiscal year 2025 data, Paid (PAYD) had $1.1M in cash against an annual operating cash burn of $53K. This gives an estimated cash runway of approximately 250 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Paid's Piotroski F-Score?
Paid (PAYD) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Paid's earnings high quality?
Paid (PAYD) has an earnings quality ratio of 0.14x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Paid?
Paid (PAYD) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.