RPMT
Rego Payment Architectures, Inc.0.4500
+0.0100+2.27%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
61.46MP/E (TTM)
-Basic EPS (TTM)
-0.09Dividend Yield
0%Recent Filings
10-Q
10-Q
Q2 FY2025 results
Rego Payment Architectures posted no revenue for Q2 FY2025 ended June 30, 2025, but narrowed its operating loss to $1.9M from $2.4M a year earlier, thanks to cuts in sales and marketing plus general expenses, while product development rose on platform rollout costs. Net loss improved to $2.1M from $2.6M y/y, though interest expense ticked up 3% to $255K on fresh stockholder debt; the gap from operating loss stems mainly from that interest. Cash dipped to $1.9M after $3.1M in operating burn, offset by $2M in new 10% secured convertible notes to stockholders, leaving total debt at $20.6M amid a $42.8M stockholders' deficit. No free cash flow disclosed in the 10-Q. Diluted EPS of -$0.02 aligns with 136M shares. Engaged an investment banker in May 2025 for strategic alternatives like a potential sale. Yet intense competition from larger firms shadows progress.
10-Q
Q1 FY2025 results
Rego Payment Architectures posted no revenue for Q1 FY2025 ended March 31, 2025, while operating expenses climbed 25% year-over-year to $2.56M, driven by a $1.1M spike in general and administrative costs from stock option extensions, yielding an operating loss of $2.56M versus $2.04M last year. Net loss widened to $2.74M, or $0.03 per diluted share on 136M shares, from $2.29M, or $0.02 per share, with the gap to operating loss mainly from interest expense on convertible notes. Cash burned $1.39M in operations, leaving $1.62M on hand amid $42M in current liabilities, including $19M in secured convertible notes extended to May 2025 and beyond. No free cash flow disclosed in the 10-Q. Engaged a new M&A banker in May 2025 for strategic sale options. Yet cash lasts only through June.
10-K
FY2024 results
REGO Payment Architectures posted a narrowed net loss of $11.6 million for FY2024 ended December 31, 2024, down from $18.9 million in 2023, driven by slashed general and administrative costs after skipping hefty stock grants to executives. Yet revenue stayed flat at zero, underscoring the startup's scramble for traction in family fintech amid ongoing platform tweaks. Q4 momentum flickered with key partnerships inked—June's CSI deal for 500+ banks and November's Jack Henry tie-up for 7,500 institutions—potentially fueling licensing fees, while product development ramped to $3.3 million yearly, up 14% y/y from integrations and fraud safeguards. Cash burned $7.0 million in operations, leaving $1.6 million as of March 2025; no dividends or buybacks, but a $20 million credit line awaits draws. No annual guidance disclosed. Cybersecurity threats loom large, risking data breaches in this privacy-pivotal niche.
8-K
Line of credit extended
Rego Payment Architectures extended its $20 million unsecured line of credit with shareholder James Davison by one year to March 13, 2026, maintaining the 7% interest rate and no current draws. This bolsters operational funding amid stable conditions, with repayment triggered by any change of control or within 60 days post-maturity if none occurs. No outstanding balance exists yet.
IPO
Website
Employees
Sector
Industry
APCX
AppTech Payments Corp.
0.41+0.02
CPAY
Corpay, Inc.
312.42+0.26
FLYW
Flywire Corporation - Voting
14.58+0.24
IPSI
Innovative Payment Solutions, I
0.01+0.00
PAGS
PagSeguro Digital Ltd.
9.71-0.31
PAY
Paymentus Holdings, Inc.
30.76+0.52
PAYO
Payoneer Global Inc.
5.89+0.07
RPAY
Repay Holdings Corporation
3.69+0.29
RVYL
Ryvyl Inc.
0.28-0.00
SMKG
Smart Card Marketing Systems, I
0.00+0.00