Paymentus Holdings, Inc. (NYSE:PAY) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET

Company Participants

Paul Seamon - Vice President, Financial and Strategy

Dushyant Sharma - Founder and CEO

Matt Parson - CFO

Conference Call Participants

Andrew Bauch - SMBC

John Davis - Raymond James

Jeff Cantwell - Wells Fargo

Dave Koning - Baird

Operator

Good day, and welcome to Paymentus' Second Quarter 2022 Earnings Call. This call is being recorded [Operator Instructions].

At this time, I would like to hand the call over to Paul Seamon, Vice President, Financial and Strategy for some introductory comments. Please go ahead.

Paul Seamon

Thank you. Good afternoon, and welcome to Paymentus' Second Quarter 2022 Earnings Call. Joining me on the call today are Dushyant Sharma, our Founder and CEO; and Matt Parson, our CFO.

Following our prepared remarks, we'll take questions. Our press release was issued after the close of market today and is posted on our website, where this call is being simultaneously webcast. The webcast replay of this call and the supplemental slides accompanying this presentation will be available on our company's Web site under the Investor Relations link at ir.paymentus.com. Statements made on this webcast include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements use words such as will, believe, expect, anticipate and similar phrases that denote future expectation or intent regarding our financial results and guidance. The impact of continued economic uncertainty and inflation, our market opportunities, business strategy, implementation timing, product enhancements, impacts from acquisitions and other matters. These forward-looking statements speak as of today and we undertake no obligation to update them.

These statements are subject to risks, uncertainties and assumptions that may cause actual results to differ materially from those set forth in such statements, including the risks and uncertainties set forth under the captions, special note regarding forward-looking statements, and risk factors in our annual report on Form 10-K for the year ended December 31, 2021, which we filed with the SEC on March 3rd, 2022. Our quarterly report on Form 10-Q for the quarter ended June 30, 2022, which we expect to file with the SEC in early August 2022 and elsewhere in our filings with the SEC. We encourage you to review these detailed safe harbor and risk factor disclosures. In addition, during today's call, we will discuss certain non-GAAP financial measures, specifically contribution profit, adjusted gross profit, adjusted EBITDA and adjusted EBITDA margin are non-GAAP financial measures. These non-GAAP financial measures, which we believe are useful in measuring our performance and liquidity, should be considered in addition to, not as a substitute for or in isolation from GAAP results. We encourage you to review additional disclosures regarding these non-GAAP measures, including reconciliations with the most directly comparable GAAP measures in our earnings press release issued today and the supplemental slides for this webcast, each available on the Investor Relations page of our website and in our filings with the SEC.