# Repay Holdings Corporation (RPAY) · Edgar & Edgarette company card

> Repay Holdings (RPAY) saw revenue fall 1.2% in FY2025 to $309 million, operating margin -82.4% against a 7.9% median for business services, equity 40.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1720592 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/RPAY) · [JSON](https://www.pops4.com/boards/company/RPAY.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $309M |
| Revenue growth, 1 year | -1.2% |
| Revenue growth per year | 9.0% |
| Operating margin | -82.4% (prior year -2.5%) |
| Net margin | -87.7% |
| Operating cash flow | $91M |
| Capital spending | $286,000 |
| Free cash flow | $91M |
| Cash | $116M |
| Long-term debt | $427M |
| Total assets | $1.2B |
| Total equity | $484M |
| Equity ÷ assets | 40.4% |
| Return on equity | -56.0% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -2.56 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -3.91 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -82.4% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $309.3M (FY2025), total debt $426.5M. Experience: revenue down 1.2% on the year, up 9.0% a year over 4 years; operating margin -82.4%, down from -2.5%. Soundness: equity 40.4% of assets, return on equity -56.0%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $257.9M and $364.6M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $236.3M to $399.4M. A statistical range, not company guidance. Against peers (70 filers, $50M+ revenue, services-business services, nec): operating margin -82.4% against a 7.9% median; growth -1.2% against 10.2%.

Range logged 2026-09-27, receipt b3c77e17a47bd98b, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 5, latest 2026-07-14 ([filing](https://www.sec.gov/Archives/edgar/data/1720592/000119312526303158/0001193125-26-303158-index.htm))

## Recent filings

- 10-Q · filed 2026-11-09 · [filing](https://www.sec.gov/Archives/edgar/data/1720592/000119312526453654/0001193125-26-453654-index.htm)
- 8-K · filed 2026-11-09 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1720592/000119312526453612/0001193125-26-453612-index.htm)
- 10-Q · filed 2026-08-10 · [filing](https://www.sec.gov/Archives/edgar/data/1720592/000119312526342440/0001193125-26-342440-index.htm)
- 8-K · filed 2026-08-10 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1720592/000119312526342425/0001193125-26-342425-index.htm)
- 8-K · filed 2026-07-14 · 1.01 Entry into a Material Definitive Agreement; 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1720592/000119312526303158/0001193125-26-303158-index.htm)
- 8-K · filed 2026-06-15 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1720592/000172059226000004/0001720592-26-000004-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001720592.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1720592

## Cite

POPS4, Edgar & Edgarette: Repay Holdings Corporation (RPAY) company card, from the company's own SEC filings, accessed 2026-11-13, https://www.pops4.com/boards/company/RPAY. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.