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REPAY’s CFO, Tim Murphy, joined Atlanta Business Radio in March 2021 to discuss REPAY’s product offering, how the pandemic has impacted the company’s strategy, the future trajectory for REPAY in terms of growth and innovation, and what makes REPAY a great place to work. Back to News

Adjusted EBITDA is a non-GAAP financial measure that represents net income prior to interest expense, tax expense, depreciation and amortization, as adjusted to add back certain non-cash and non-recurring charges, such as non-cash loss on extinguishment of debt, non-cash change in fair value of contingent consideration, non-cash change in fair value of assets and liabilities, share-based compensation charges, transaction expenses, management fees, legacy commission related charges, employee recruiting costs, other taxes, strategic initiative related costs and other non-recurring charges. Adjusted Net Income is a non-GAAP financial measure that represents net income prior to amortization of acquisition-related intangibles, as adjusted to add back certain non-cash and non-recurring charges, such as non-cash loss on extinguishment of debt, non-cash change in fair value of contingent consideration, non-cash change in fair value of assets and liabilities, share-based compensation expense, transaction expenses, management fees, legacy commission related charges, employee recruiting costs, strategic initiative related costs and other non-recurring charges, net of tax effect associated with these adjustments. Change in fair value of contingent consideration Change in fair value of tax receivable liability Non-cash change in fair value of contingent consideration(c) Non-cash change in fair value of assets and liabilities(d) Change in fair value of contingent consideration Change in fair value of tax receivable liability Non-cash change in fair value of contingent consideration(c) Non-cash change in fair value of assets and liabilities(d) Loss on disposition of property and equipment Change in fair value of contingent consideration Change in fair value of tax receivable liability Non-cash change in fair value of contingent consideration(c) Non-cash change in fair value of assets and liabilities(d) Shares of Class A common stock outstanding (on an as-converted basis)(n) Change in fair value of contingent consideration Change in fair value of tax receivable liability Non-cash change in fair value of contingent consideration(c) Non-cash change in fair value of assets and liabilities(d) Loss on disposition of property and equipment Shares of Class A common stock outstanding (on an as-converted basis)(n) Primarily consists of (i) during the three and twelve months ended December 31, 2020, professional service fees and other costs incurred in connection with the acquisition of CPS Payments, and additional transaction expenses incurred in connection with the Business Combination and the acquisitions of TriSource Solutions, APS Payments, Ventanex and cPayPlus, which closed in prior periods, as well as professional service expenses related to the June 2020 and September 2020 equity offerings and (ii) during the three and twelve months ended December 31, 2019, professional service fees and other costs in connection with the Business Combination, as well as the acquisitions of TriSource Solutions and APS Payments.

Partnership provides REPAY with access to Ireland-based software development professionals, accelerating the creation of innovative payment solutions for clients in the North American market ATLANTA–(BUSINESS WIRE)–Feb. (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a strategic partnership with Protego Technologies Limited, an Ireland-based consultancy that helps extend technology departments and developer teams with specialized talent and project management. Protego’s approach to development and project management firmly aligns with our business initiatives and growth plans to meet the increased demand to deliver trusted, innovative payment solutions for the North American market,” said Jason Kirk, Chief Technology Officer, REPAY. Protego specializes in providing expertise to technology organizations, working with startups and established businesses, including leading US financial services companies, to build and rapidly grow software development teams in Ireland, supporting the design, build, and delivery of high-volume real-time services and solutions.

(“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Virtual Benefits Administrator (VBA), a leading-edge software design company revolutionizing the insurance industry through employee benefit administration solutions. The two-way integration between the platforms will enable insurance companies to pay healthcare providers, including licensed healthcare facilities, programs, agencies, and doctors, for services rendered directly from the VBA system. Furthermore, REPAY’s innovative healthcare payment platform enables benefits administrators to collect premiums or other out-of-pocket expenses incurred by members and automatically updates the VBA system. “REPAY’s payment technology is an important enhancement for VBASoftware that will provide more visibility into the payment and disbursement process between payers and providers,” said Jessica Lockhart, Vice President, Enterprise Solutions, VBA.