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Payfare Announces Second Quarter 2024 Financial Results

Newswire.ca - Wed Aug 7, 4:05PM CDT

Payfare generated net income of $4.9 million, and Adjusted net income per share1 of $0.16 in Q2 2024

TORONTO, Aug. 7, 2024 /CNW/ - Payfare Inc. ("Payfare" or the "Company") (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA") company powering instant access to earnings and digital banking solutions for workforces, today announced the filing of its Financial Statements and Management's Discussion and Analysis ("MD&A") for the quarter ending June 30, 2024. A comprehensive discussion of Payfare's financial position and results of operations are provided in the MD&A, which is filed on SEDAR+ under Payfare's profile and can be found at www.sedarplus.ca.

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