Paysign Inc (PAYS) - Net Assets
Based on the latest financial reports, Paysign Inc (PAYS) has net assets worth $55.01 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($312.73 Million) and total liabilities ($257.71 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PAYS goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $55.01 Million |
| % of Total Assets | 17.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | 273.35% |
| 10-Year Change | 1747.2% |
| Growth Volatility | 680.82 |
Paysign Inc - Net Assets Trend (2010–2025)
This chart illustrates how Paysign Inc's net assets have evolved over time, based on quarterly financial data. See Paysign Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Paysign Inc (2010–2025)
The table below shows the annual net assets of Paysign Inc from 2010 to 2025. For live valuation and market cap data, see Paysign Inc (PAYS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $48.49 Million | +59.29% |
| 2024-12-31 | $30.44 Million | +24.32% |
| 2023-12-31 | $24.49 Million | +50.29% |
| 2022-12-31 | $16.29 Million | +25.45% |
| 2021-12-31 | $12.99 Million | -1.88% |
| 2020-12-31 | $13.24 Million | -31.42% |
| 2019-12-31 | $19.30 Million | +117.13% |
| 2018-12-31 | $8.89 Million | +83.62% |
| 2017-12-31 | $4.84 Million | +84.42% |
| 2016-12-31 | $2.63 Million | +122.45% |
| 2015-12-31 | $1.18 Million | -57.54% |
| 2014-12-31 | $2.78 Million | +2499.09% |
| 2013-12-31 | $106.93K | +120.95% |
| 2012-12-31 | $-510.30K | +82.47% |
| 2011-12-31 | $-2.91 Million | +99.97% |
| 2010-12-31 | $-9.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Paysign Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2312400600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $15.08 Million | 31.10% |
| Common Stock | $56.02K | 0.12% |
| Other Components | $33.35 Million | 68.79% |
| Total Equity | $48.49 Million | 100.00% |
Paysign Inc Competitors by Market Cap
The table below lists competitors of Paysign Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airnet Technology Inc
NASDAQ:ANTE
|
$385.29 Million |
|
Nanjing Textiles Import & Export Corp Ltd
SHG:600250
|
$385.39 Million |
|
mF International Limited Ordinary Shares
NASDAQ:MFI
|
$385.50 Million |
|
SHANDONG BOAN BIOTECH.H 1
F:UJ9
|
$385.61 Million |
|
EQV Ventures Acquisition Corp.
NYSE:EQV
|
$385.09 Million |
|
Shanghai Hi-Road Food Technology Co. Ltd.
SHE:300915
|
$385.04 Million |
|
Cantor Equity Partners III, Inc. Class A Ordinary Shares
NASDAQ:CAEP
|
$384.83 Million |
|
Yaxing Chem
SHG:600319
|
$384.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paysign Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,441,632 to 48,490,171, a change of 18,048,539 (59.3%).
- Net income of 7,551,613 contributed positively to equity growth.
- Share repurchases of 375,786 reduced equity.
- Other factors increased equity by 10,872,712.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.55 Million | +15.57% |
| Share Repurchases | $375.79K | -0.77% |
| Other Changes | $10.87 Million | +22.42% |
| Total Change | $- | 59.29% |
Book Value vs Market Value Analysis
This analysis compares Paysign Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $-0.09 | $7.29 | x |
| 2011-12-31 | $-0.08 | $7.29 | x |
| 2012-12-31 | $-0.01 | $7.29 | x |
| 2013-12-31 | $0.00 | $7.29 | x |
| 2014-12-31 | $0.06 | $7.29 | x |
| 2015-12-31 | $0.03 | $7.29 | x |
| 2016-12-31 | $0.06 | $7.29 | x |
| 2017-12-31 | $0.10 | $7.29 | x |
| 2018-12-31 | $0.17 | $7.29 | x |
| 2019-12-31 | $0.35 | $7.29 | x |
| 2020-12-31 | $0.27 | $7.29 | x |
| 2021-12-31 | $0.25 | $7.29 | x |
| 2022-12-31 | $0.31 | $7.29 | x |
| 2023-12-31 | $0.45 | $7.29 | x |
| 2024-12-31 | $0.55 | $7.29 | x |
| 2025-12-31 | $0.81 | $7.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paysign Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.21%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 5.70x
- Recent ROE (15.57%) is below the historical average (66.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -0.19% | 0.69x | 0.00x | $310.15K |
| 2011 | 0.00% | 6.65% | 0.46x | 0.00x | $512.11K |
| 2012 | 0.00% | 27.12% | 0.90x | 0.00x | $1.87 Million |
| 2013 | 1040.58% | 9.70% | 0.69x | 155.91x | $605.81K |
| 2014 | 95.57% | 25.36% | 0.79x | 4.74x | $2.34 Million |
| 2015 | -189.55% | -29.73% | 0.79x | 8.07x | $-2.54 Million |
| 2016 | 49.68% | 13.45% | 0.75x | 4.92x | $1.12 Million |
| 2017 | 35.53% | 11.76% | 0.75x | 4.05x | $1.29 Million |
| 2018 | 28.45% | 11.05% | 0.65x | 3.98x | $1.68 Million |
| 2019 | 38.62% | 21.50% | 0.65x | 2.77x | $5.52 Million |
| 2020 | -69.07% | -37.90% | 0.36x | 5.12x | $-10.47 Million |
| 2021 | -20.95% | -9.24% | 0.35x | 6.47x | $-4.02 Million |
| 2022 | 6.31% | 2.70% | 0.35x | 6.64x | $-601.55K |
| 2023 | 26.38% | 13.66% | 0.32x | 5.99x | $4.01 Million |
| 2024 | 12.54% | 6.54% | 0.33x | 5.88x | $771.74K |
| 2025 | 15.57% | 9.21% | 0.30x | 5.70x | $2.70 Million |
Industry Comparison
This section compares Paysign Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $175,548,949
- Average return on equity (ROE) among peers: -12.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paysign Inc (PAYS) | $55.01 Million | 0.00% | 4.68x | $385.19 Million |
| ACI Worldwide Inc (ACIW) | $581.40 Million | 11.62% | 2.18x | $4.54 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $855.27 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $30.16 Million | -37.03% | 0.03x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $87.90 Million | -12.31% | 0.11x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $2.69 Million | -223.00% | 0.35x | $31.41 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.41 Billion |
| All In FutureTech Alliance Inc. (AIFA) | $24.02 Million | -127.45% | 1.73x | $13.66 Million |
| AI Financial Corporation (AIFC) | $2.31 Million | 476.46% | 19.27x | $88.43 Million |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $67.08 Million | -6.22% | 0.04x | $457.44 Million |
About Paysign Inc
Paysign, Inc. provides prepaid card programs, patient affordability offerings, digital banking, life science software technology solutions, and integrated payment processing services for businesses, consumers, and government institutions in the United States. The company offers solutions for corporate rewards, prepaid gift cards, general-purpose reloadable debit cards, employee incentives, consum… Read more