Repay Holdings vs Usio
Repay Holdings is the larger business, with $309m of revenue in fiscal 2025 against $85.4m for Usio (3.6 times as much). Usio grew faster (3.0% against -1.2%). Usio kept more of each dollar of sales as profit: a net margin of -2.9% against -83.0%.
| Latest fiscal year | Repay HoldingsRPAY, 2025 | UsioUSIO, 2025 |
|---|---|---|
| Revenue | $309m | $85.4m |
| Revenue growth | -1.2% | 3.0% |
| Net income | −$257m | −$2.5m |
| Operating margin | -82.4% | — |
| Net margin | -83.0% | -2.9% |
| Return on equity | -41.2% | -13.6% |
| Free cash flow | $90.8m | $1.1m |
| Cash | $116m | $7.4m |
| Total debt | $434m | $1.4m |
| Debt to equity | 89.6% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $1.1m |
| Employees | 486 | 107 |
| Market value | $382m | $84.7m |
| Price vs our value range | Below our value range | — |
| Moat score | 45 (Moderate) | 27 (Weak) |
| Insider trades, 12 months | 16 buys, 6 sales | 0 buys, 16 sales |