Repay Holdings Corporation (RPAY) Earnings Call Transcripts

Repay Holdings Corporation's Latest Earnings Call - March 31, 2026

In the first quarter of fiscal year 2026, Kubra Data Transfer Ltd. announced a definitive agreement to acquire Kubra for $372 million, a strategic move aimed at creating a leading bill payment provider in North America. The combined revenue for 2025 is projected at approximately $548 million, with adjusted EBITDA of about $178 million. Management expects the acquisition to be 25% accretive to free cash flow by 2028, signaling strong potential for future growth and operational synergies.

Reported metrics

Guidance from management

Management anticipates the acquisition to close in Q2 2026, with a focus on achieving identified synergies and maintaining strong free cash flow generation.

What management said

Yes. Thank you, Pete. Yes, these are large enterprise billers. So they're directly billing to consumers. And obviously, some -- the utilities, they have businesses as well. But very large utilities and government. Predominantly, it will be heavier maybe in the utility government space, if you think about utilities and water power light. And then that is scaled across the U.S. as well. It would lean more towards the s...

Yes, Peter, sorry this is Rob. Just on the 40% to -- it's -- we're touching through payments, but also through the communication services that Kubra provides, which allows them -- they have some really extensive good technology where they communicate to consumers. For instance, when your power is out, they provide grids that show the outage maps for power companies and notifications around power, water. And so that e...

What analysts pressed on

Analysts expressed concerns regarding the timing of the acquisition and potential impacts on cash flow priorities. There were questions about the long-term contracts of Kubra's clients and the implications for revenue stability post-acquisition.

Main topics on the call

• Acquisition of Kubra — REPAY has reached a definitive agreement to acquire Kubra for $372 million, which will enhance its position in the bill payment sector. John Morris stated, "Together, we will offer a comprehensive end-to-end platform spa...
• Financial Projections — The combined revenue for 2025 is projected at approximately $548 million with adjusted EBITDA of around $178 million. This positions REPAY for significant growth, as noted by management, "We expect to drive approximately...
• Free Cash Flow Accretion — Management expects the acquisition to be approximately 25% accretive to free cash flow by 2028, indicating strong cash generation potential. Robert Houser emphasized, "The free cash flow profile of Kubra with the synergi...
• Deleveraging Strategy — REPAY aims to reduce net leverage to below 3x within 18 months post-acquisition, with a current expected leverage of approximately 4x at closing. This rapid deleveraging is a priority for the company, as stated by Robert...

Read the full Repay Holdings Corporation transcript (March 31, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 6 Repay Holdings Corporation earnings call transcripts on record, spanning August 11, 2025 to August 10, 2026. Based on this history, Repay Holdings Corporation reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

RPAY

Exchange

NasdaqCM

Country

US

Sector

Financials

Industry

Financial Services

Calls on record

6

First call

August 11, 2025

Most recent

August 10, 2026

Reporting cadence

quarterly