09:51 AM EST - Payfare Inc. : Is taking this opportunity to highlight the financial and operational milestones achieved to date in 2023. Financial Highlights for the Six Months Ended June 30, 2023:Increased revenue to a record $88.8 million representing a $32.2 million (+57%) increase compared to the same period in 2022. Ended Q2 2023 with 1,188,325 active users1, up by 304,074 active users (+34%) versus the prior year period. Total gross dollar value (Total GDV) was $5.5 billion, an increase of $2.1 billion (+63%) over the first half of 2022. Net income of $3.4 million, or $0.07 per share, up $8.4 million (+168%), compared to the same period in 2022. Payfare Inc.
shares T.PAY are trading up $0.12 at $5.43.
