Payfare Stock Net Income

PAY Stock  CAD 2.15  0.10  4.88%   
Payfare fundamentals help investors to digest information that contributes to Payfare's financial success or failures. It also enables traders to predict the movement of Payfare Stock. The fundamental analysis module provides a way to measure Payfare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Payfare stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops13.1 M13.8 M
Net Loss-2.6 M-2.8 M
Net Income13.1 M13.8 M
Net Income Per Share 0.28  0.29 
Net Income Per E B T 0.99  1.20 
At this time, Payfare's Net Income From Continuing Ops is very stable compared to the past year. As of the 11th of December 2024, Net Income is likely to grow to about 13.8 M, while Net Loss is likely to drop (2.8 M).
  
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Payfare Company Net Income Analysis

Payfare's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Payfare Net Income

    
  13.12 M  
Most of Payfare's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Payfare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Payfare Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Payfare is extremely important. It helps to project a fair market value of Payfare Stock properly, considering its historical fundamentals such as Net Income. Since Payfare's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Payfare's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Payfare's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Payfare Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(62,795.95)

Payfare reported last year Accumulated Other Comprehensive Income of (66,101)
Based on the recorded statements, Payfare reported net income of 13.12 M. This is 97.57% lower than that of the Software sector and 99.16% lower than that of the Information Technology industry. The net income for all Canada stocks is 97.7% higher than that of the company.

Payfare Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Payfare's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Payfare could also be used in its relative valuation, which is a method of valuing Payfare by comparing valuation metrics of similar companies.
Payfare is currently under evaluation in net income category among its peers.

Payfare Fundamentals

About Payfare Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Payfare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Payfare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Payfare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Payfare

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Payfare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Payfare will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Payfare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Payfare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Payfare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Payfare to buy it.
The correlation of Payfare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Payfare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Payfare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Payfare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Payfare Stock

Payfare financial ratios help investors to determine whether Payfare Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Payfare with respect to the benefits of owning Payfare security.