Research Reports

Key takeaways

FY2025 GAAP net loss totaled $368.2K, compared to a $763.6K net profit in FY2024, marking a 148.2% year-over-year decline in net income.

Net cash used in operating activities was $53.2K for FY2025, down from $447.6K in net cash provided by operating activities in FY2024.

FY2025 capital expenditures came in at $2.5K, a decrease from $6.5K in capital expenditures recorded in the prior fiscal year.

GAAP free cash flow for FY2025 was -$55.6K, calculated as net cash from operating activities minus capital expenditures.

Gross profit growth for the period was driven by expanded revenue from the company’s shipping coordination and label generation services, per management discussion.

The company’s shipping platform provides customers discounted pricing across leading couriers, plus multilingual customer support to advocate for clients on shipping issue resolution.

Full analysis

Shipping Segment Performance Drivers

The company’s core shipping services line remained a key contributor to gross profit growth in FY2025, per management’s discussion and analysis. The company’s shipping platform provides customers access to discounted pricing across a network of leading couriers and freight carriers, delivering cost savings on every shipment for members. Additional platform capabilities support simplified merchant onboarding, rapid market responsiveness, and seamless customer interfaces that support strong merchant retention. The company’s ShipTime offering also includes multilingual customer support, where the team acts as a client advocate to resolve order and shipping-related issues, enhancing overall customer experience.

PAYD · PAID, Inc.

Summary

Key takeaways

Full analysis

Shipping Segment Performance Drivers

FY2025 Profitability and Operating Expense Trends

Liquidity Position and Strategic Priorities