NZX Governance Explorer

How PaySauce Limited makes money

Where PYS’s revenue went in FY2024: operating costs, depreciation, interest and tax, and what was left as net profit. Built from the income statement in the filed annual report, and drawn only when the figures reconcile with each other. PYS company profile

How PaySauce Limited makes money — FY2024

Revenue $7.7m · EBITDA $1.1m (13.8% of revenue) · Net profit $1.2m (16.0% of revenue) · Financial year ending March (from the issuer record)

PaySauce Limited (PYS) FY2024: where revenue of $7.7m wentRevenue → EBITDA: $1.1mRevenue → Operating costs (net of other income): $6.7mEBITDA → EBIT: $418kEBITDA → Depreciation & amortisation: $646kEBIT → Net profit: $418kIncome tax credit → Net profit: $814kIncome tax credit → Interest: $97kIncome tax credit → Other items (net cost): $131kRevenue: $7.7mRevenue$7.7mEBITDA: $1.1mEBITDA$1.1mOperating costs (net of other income): $6.7m (derived)Operating costs (net ofother income)$6.7m · derivedEBIT: $418kEBIT$418kDepreciation & amortisation: $646kDepreciation &amortisation$646kIncome tax credit: $1.0mIncome tax credit$1.0mNet profit: $1.2mNet profit$1.2mInterest: $97kInterest$97kOther items (net cost): $131k (balancing item)Other items (net cost)$131k · balancing

Band widths are proportional to NZD amounts. Dashed outlines mark derived figures; the hatched node is a balancing item (net profit less every line above it).

PaySauce Limited FY2024 figures used in the chart
FY2024AmountStatusNote
Revenue$7.7mReported
Operating costs (net of other income)−$6.7mDerived *Reported operating expenses $4.8m do not reconcile; not used.
EBITDA$1.1mReported
Depreciation & amortisation−$646kReported
EBIT$418kReported
Interest (net finance costs)−$97kReported
Income tax credit+$1.0mReported
Other items (net cost)−$131kBalancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net profit$1.2mReported
  • * operating costs: $6.7m = Revenue − EBITDA
Checks run on these figures (6)
  • Passed: Revenue is within the scale of a column stored in thousands.
  • Passed: Revenue in the income statement ($7.7m) vs the summary table ($7.6m): agree within 2%.
  • Passed: EBITDA − D&A = $0.4m vs reported EBIT $0.4m: reconciles.
  • Not met: Reported operating expenses ($4.8m) leave $2.9m, not EBITDA of $1.1m (gap $1.8m); costs derived as revenue minus operating profit instead. No split is shown.
  • Passed: Balancing item -$0.1m is 1.7% of revenue (limit 25%).
  • Not met: No operating segments recorded for this year.

Figures extracted automatically from the annual report; check against the report. NZD thousands as stored, shown in millions. Source: annual_report_pdf · method: filing_corrected_3675 · extracted 7 March 2026.

Annual report: FY2024 Annual Report (PDF, NZX)

Year-on-year EBITDA bridge (FY2023 → FY2024)

Bridge not available: FY2023 is not charted: EBITDA is -$0.1m. This layout draws revenue flowing into profit and does not draw an operating loss.

Margins over time

EBITDA, EBIT and net profit as a share of revenue for each year whose figures passed the checks (2 of 10 years from FY2017). The shaded line is the median of 6 other listed Information Technology operating companies, using each one’s same financial year where it passed the checks; the number of companies in each median is in the table. Gaps are years that were not charted.

EBITDA margin
PYS ebitda margin by financial year, with peer median-10%10%30%FY17FY18FY20FY22FY24FY26FY2017: not charted — not from annual reportFY2018: not charted — no EBITDA/EBIT splitFY2019: not charted — operating lossFY2020: not charted — operating lossFY2021: not charted — operating lossFY2022: not charted — operating lossFY2023: not charted — operating lossFY2024: PYS 13.8%; peer median 12.7% (2)FY2025: PYS 15.0%; peer median 14.6% (2)FY2026: not charted — no EBITDA/EBIT split
EBIT margin
PYS ebit margin by financial year, with peer median-10%10%30%FY17FY18FY20FY22FY24FY26FY2017: not charted — not from annual reportFY2018: not charted — no EBITDA/EBIT splitFY2019: not charted — operating lossFY2020: not charted — operating lossFY2021: not charted — operating lossFY2022: not charted — operating lossFY2023: not charted — operating lossFY2024: PYS 5.4%; peer median 4.0% (2)FY2025: PYS 5.9%; peer median 6.0% (2)FY2026: not charted — no EBITDA/EBIT split
Net margin
PYS net margin by financial year, with peer median-10%10%30%FY17FY18FY20FY22FY24FY26FY2017: not charted — not from annual reportFY2018: not charted — no EBITDA/EBIT splitFY2019: not charted — operating lossFY2020: not charted — operating lossFY2021: not charted — operating lossFY2022: not charted — operating lossFY2023: not charted — operating lossFY2024: PYS 16.0%; peer median 2.0% (2)FY2025: PYS 7.6%; peer median 5.3% (2)FY2026: not charted — no EBITDA/EBIT split

PYS   peer median   below the axis: year not charted (reason in the table). All panels share one scale.

PYS margins by year with peer medians
YearEBITDA margin: PYS · peer median (n)EBIT margin: PYS · peer median (n)Net margin: PYS · peer median (n)Note
FY2017—27.6% (2)—23.3% (2)—12.5% (2)Not charted: not from annual report
FY2018—15.7% (2)—13.3% (2)—5.8% (2)Not charted: no EBITDA/EBIT split
FY2019—16.6% (2)—12.3% (2)—-0.0% (2)Not charted: operating loss
FY2020—— (1)—— (1)—— (1)Not charted: operating loss
FY2021—— (1)—— (1)—— (1)Not charted: operating loss
FY2022—— (1)—— (1)—— (1)Not charted: operating loss
FY2023—— (0)—— (0)—— (0)Not charted: operating loss
FY202413.8%12.7% (2)5.4%4.0% (2)16.0%2.0% (2)
FY202515.0%14.6% (2)5.9%6.0% (2)7.6%5.3% (2)
FY2026—— (0)—— (0)—— (0)Not charted: no EBITDA/EBIT split

Peer medians use only peer-years that passed the same checks; a median of fewer than two companies is not shown. Years are grouped by financial-year label, and year-end months differ between companies.

Not yet available: where the cash goes (operating cash flow to capex, dividends and debt) and underlying versus reported earnings. The figures they need are not yet validated.

Years not charted

These years are on file but their figures did not pass the checks, so no chart is drawn for them.

  • FY2026: EBITDA is recorded but neither EBIT nor depreciation is, so the step from operating profit to net profit cannot be placed.
  • FY2023: EBITDA is -$0.1m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2022: EBITDA is -$0.7m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2021: EBITDA is -$1.4m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2020: EBITDA is -$1.8m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2019: EBITDA is -$4.2m. This layout draws revenue flowing into profit and does not draw an operating loss.
  • FY2018: Neither EBITDA nor EBIT is recorded, so operating profit cannot be placed.
  • FY2017: Figures were not read from a filed annual report (source: not recorded).

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Data sourced from NZX company annual reports (income statements). Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.

For informational purposes only. Not investment advice.

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