Paysign vs SHF Holdings
Paysign is the larger business, with $82.0m of revenue in fiscal 2025 against $7.7m for SHF Holdings (10.7 times as much). Paysign grew faster (40.5% against -49.7%). Paysign kept more of each dollar of sales as profit: a net margin of 9.2% against -28.2%.
| Latest fiscal year | PaysignPAYS, 2025 | SHF HoldingsSHFS, 2025 |
|---|---|---|
| Revenue | $82.0m | $7.7m |
| Revenue growth | 40.5% | -49.7% |
| Net income | $7.6m | −$2.2m |
| Operating margin | — | -70.4% |
| Net margin | 9.2% | -28.2% |
| Return on equity | 19.1% | — |
| Free cash flow | $51.2m | −$3.4m |
| Cash | $165m | $6.8m |
| Total debt | $8.0m | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $375,786 | — |
| Employees | — | 39 |
| Market value | $859m | $479,752 |
| Price vs our value range | Below our value range | — |
| Moat score | 48 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 21 sales | 0 buys, 0 sales |