How does RPAY's earnings trend compare year-over-year?

Repay Holdings (RPAY) has demonstrated a significant improvement in its earnings trend year-over-year, transitioning from a net loss to a profitable position. Below is a detailed analysis:

1. **Net Income Improvement**:
- RPAY's net income for the three months ended September 30, 2024, was $3.2 million.
- This compares to a net loss of $(6.5) million for the same period in 2023.
2. **Earnings Per Share (EPS) Analysis**:
- RPAY reported an EPS of $0.04 for the three months ended September 30, 2024, on a basic basis.
- This is a substantial improvement from the EPS of $(0.07) for the same period in 2023.
3. **Revenue Growth**: RPAY's total revenue for the three months ended September 30, 2024, was $79.1 million. This reflects a notable increase from the revenue of $74.32 million recorded in the same period of the previous year.
4. **Segment Performance**:
- The Consumer Payments Segment reported revenue of $69.2 million, marking a 0.7% year-over-year increase.
- The Business Payments Segment achieved revenue of $15.3 million, indicating a significant 57.6% year-over-year increase.
5. **Profitability Metrics**:
- RPAY's gross profit for the three months ended September 30, 2024, was $61.6 million, an increase of $4.9 million or 8.6% compared to the same period in 2023.
- The company's loss from operations was $(0.7) million, a substantial improvement from a loss of $(5.1) million in the same period in 2023, primarily due to increased revenue and controlled operating expenses.

In summary, RPAY's earnings trend has shown a strong year-over-year improvement, driven by significant revenue growth, operational efficiency, and strategic initiatives. The company's financial performance highlights its ability to adapt and thrive in a challenging economic environment.