Repay (RPAY) Q1 2025 Earnings Call Summary
Repay reported mixed financial results for Q1 2025, with a decline in gross profit and adjusted EBITDA due to client losses from the prior year. Core business performance remained resilient, maintaining strong margins at 43% adjusted EBITDA. Free cash flow conversion was impacted by one-time working capital effects but would have been consistent with Q1 2024 levels if those were excluded.
Topics: capital allocation financial performance strategic review