PaySauce Limited (NZX:PYS) Annual Report 2022

The latest annual report of PaySauce Limited (PYS) was published on 31 Mar 2022. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - PYS Annual Results

Amounts in NZD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

PYS Income Statement 2022 Annual Report

As per the latest Income Statement of PYS, the Net revenue increased by $1.32M (60%) compared to the previous period. The operating income in 2022 increased by $381000 (23%). The net income as per the annual report was -1.28M which increased by $406000 (24%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 3.52M 2.2M
Gross Profit 621k -173k
Operating Income -1.27M -1.66M
Income Before Tax -1.3M -1.69M
Net Income -1.28M -1.69M

Balance Sheet - PYS 2022 Annual Report

Read further: PYS Balance Sheet Detailed Analysis

The latest balance sheet from annual result of PaySauce Limited showed the company increased the cash on balance sheet by $4.50M (21%). The Net tangible assets of PYS on the balance sheet were at 82k which is $-1.45M (-95%) less than previous annual report. The total stockholder equity also decreased by $-764000 (-31%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 26.25M 21.76M
Total Assets 30.13M 23.25M
Long Term Debt - -
Total Liabilities 28.46M 20.81M
Total Shareholder Equity 1.67M 2.43M
Net Tangible Assets 82k 1.53M

Cash Flow Statement - PYS 2022 Annual Report

The 2022 annual cash flow statement of PaySauce Limited showed that the net income increased by $406000 (24%) compared to previous reporting period. Also the capital expenditure of PYS decreased by $-6000 (-17%).

As of 2022, the total cash from investing activities was -2.18M and total cash from financing activities was -32k.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income -1.28M -1.69M
Capital Expenditures -42k -36k
Dividends Paid - -
Total Cash From From Investing Activities -2.18M 1.12M
Total Cash From From Financing Activities -32k 1.65M

PaySauce Limited Annual Report History

Income Statement

Income Statement history of PaySauce Limited (NZX:PYS)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 3.52M 2.2M 1.53M 788.71k
Cost Of Revenue 2.9M 2.37M 1.77M 2.23M
Gross Profit 621k -173k -238k -1.44M
Research Development - - - -
Selling General Administrative 109k 111k 246k 183.99k
Non Recurring - - - -
Other Operating Expenses 1.37M 1.11M 1.44M 4.18M
Total Operating Expenses 4.79M 3.85M 3.6M 6.73M
Operating Income -1.27M -1.66M -2.08M -5.94M
Total Other Income Expense Net -25k -33k -287k 1.56M
Ebit -1.27M -1.66M -2.08M -5.94M
Interest Expense -25k -33k -440k -4.33k
Income Before Tax -1.3M -1.69M -2.36M -4.38M
Income Tax Expense -17k - - -
Minority Interest - - - -
Net Income From Continuing Ops -1.28M -1.69M -2.36M -4.38M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income -1.28M -1.69M -2.36M -4.38M
Net Income Applicable To Common Shares -1.28M -1.69M -2.36M -4.38M

Balance Sheet Statement

Balance Sheet Statement history of PaySauce Limited (NZX:PYS)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 26.25M 21.76M 13.59M 6.31M
Short Term Investments 1.68M - 1.65M -
Net Receivables 81k 19k 149k 145.55k
Other Current Assets 392k 165k 75k 75k
Total Current Assets 28.4M 21.94M 15.62M 6.65M
Property Plant Equipment 137k 401k 476k 76.62k
Intangible Assets 1.59M 905k 562k 296.63k
Total Assets 30.13M 23.25M 16.66M 7.03M
Accounts Payable 454k 299k 288k 487.1k
Other Current Liab 27.63M 19.99M 13.5M 6.36M
Other Liab 27k - - 699.92k
Total Current Liabilities 28.43M 20.53M 14.09M 6.97M
Total Liab 28.46M 20.81M 14.41M 7.69M
Common Stock 13.04M 12.65M 10.77M 5.51M
Retained Earnings -11.5M -10.22M -8.53M -6.17M
Treasury Stock 131k - - -
Other Stockholder Equity 131k - - -
Total Stockholder Equity 1.67M 2.43M 2.24M -660.74k
Net Tangible Assets 82k 1.53M 1.68M -957.37k
Long Term Debt - - - 14.69k

Cash Flow Statement

Cash Flow Statement history of PaySauce Limited (NZX:PYS)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income -1.28M -1.69M -2.36M -4.38M
Depreciation 167k 109k 89k 25.06k
Change To Netincome 77k 178k 496k 2.66M
Change To Account Receivables -62k 161k -39k -108.53k
Change To Liabilities 156k -24k -196k 383.07k
Change To Operating Activities 7.4M 6.51M 7.27M 2.83M
Total Cash From Operating Activities 6.71M 5.4M 5.32M 1.52M
Capital Expenditures -42k -36k -98k -55.82k
Investments -1.68M 1.65M -1.65M -1.65M
Other Cashflows From Investing Activities -27k -27k -27k -27k
Total Cashflows From Investing Activities -2.18M 1.12M -2.07M -341.07k
Net Borrowings -32k -53k -836k 374.3k
Total Cash From Financing Activities -32k 1.65M 4.03M 1.52M
Change In Cash 4.5M 8.17M 7.28M 2.7M
Dividends Paid - - - -