PaySauce Limited (PYS) AI Stock Analysis

PaySauce Limited

(NZX:PYS)

Select Model

Rating:65Neutral

Price Target:NZD 0.20▲(7.61% Upside)

Action:initiatedcoverage

Date:10/05/26

Strong balance sheet and cash flow fundamentals are the primary positives, offset by weak profitability and stretched valuation at a high P/E.

Positive Factors

Cash generationStrong and rising operating cash flow and free cash flow indicate that PaySauce is converting its business activity into funding effectively. Consistent cash conversion can support product investment, operations, and growth without requiring substantial external financing over the next several quarters.

Negative Factors

Recent revenue declineThe 2026 revenue contraction interrupts PaySauce’s earlier expansion and raises concern about the near-term durability of demand growth. A smaller top line can reduce operating leverage and make it harder for the company to sustain investment and improve profitability consistently.

PaySauce Limited (PYS) vs. SPDR S&P 500 ETF (SPY)

Market Cap: NZD 30.63M
Dividend Yield: ―
Average Volume (3M): 12.95K
Price to Earnings (P/E): 92.0
Beta (1Y): 1.14
Revenue Growth: 11.20%
EPS Growth: -58.33%
Country: NZ
Employees: 48
Sector: General
Sector Strength: 55
Industry: Software - Application

PaySauce Limited Business Overview & Revenue Model

Company Description

PaySauce Limited offers a comprehensive suite of cloud-hosted human resources and remuneration solutions tailored for small and medium-sized enterprises across New Zealand, Australia, and the Pacific Islands. Its flagship product, the PaySauce platfo...

PaySauce Limited Financial Statement Overview

Summary

Strong balance sheet with minimal debt and excellent cash flow generation provide stability, though income statement shows ongoing operating losses and limited profitability.

Income Statement

48Neutral

Balance Sheet

82Very Positive

Cash Flow

87Very Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	7.40M	7.40M	6.32M	5.37M	4.66M	3.20M
Gross Profit	1.92M	1.92M	1.39M	938.00K	982.00K	261.00K
EBITDA	338.00K	-614.00K	1.30M	911.00K	-18.00K	-1.16M
Net Income	290.00K	290.00K	681.00K	1.23M	-558.00K	-1.28M
Balance Sheet
Total Assets	56.57M	56.57M	43.68M	38.63M	36.00M	30.13M
Cash, Cash Equivalents and Short-Term Investments	22.73M	22.73M	12.34M	9.51M	8.67M	26.25M
Total Debt	112.00K	112.00K	251.00K	861.00K	879.00K	66.00K
Total Liabilities	47.12M	47.12M	39.51M	35.59M	34.61M	28.46M
Stockholders Equity	9.45M	9.45M	4.17M	3.04M	1.40M	1.67M
Cash Flow
Free Cash Flow	9.11M	9.11M	4.83M	1.46M	4.39M	6.23M
Operating Cash Flow	9.20M	9.20M	6.49M	2.64M	5.29M	6.71M
Investing Cash Flow	-3.26M	-3.26M	-2.86M	-1.68M	-7.38M	-2.18M
Financing Cash Flow	4.45M	4.45M	-797.00K	-197.00K	557.00K	-32.00K

PaySauce Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price0.18

Price Trends

50DMA0.21Negative

100DMA0.22Negative

200DMA0.24Negative

Market Momentum

MACD-0.01Positive

RSI31.46Neutral

STOCH-4.17Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NZ:PYS, the sentiment is Negative. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.21, and below the 200-day MA of 0.24, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 31.46 is Neutral, neither overbought nor oversold. The STOCH value of -4.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NZ:PYS.

PaySauce Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

NZ:PYS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NZ:PYS	65Neutral	NZD 30.73M	92.00	―	―	11.20%	-58.33%
NZ:SDL	58Neutral	NZD 8.98M	24.05	―	6.25%	-23.82%	-85.16%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
NZ:ENS	47Neutral	NZD 9.26M	-0.04	―	―	5.87%	-1304.00%

* General Sector Average

Performance Comparison

NZ:PYS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
NZ:PYS	PaySauce Limited	0.18	-0.07	-27.84%
NZ:ENS	Enprise Group Ltd	0.42	-0.16	-27.46%
NZ:SDL	Solution Dynamics Limited	0.64	-0.04	-5.65%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 05, 2026

PaySauce Limited AI Stock Analysis