Business ExpansionPaysign has been awarded 132 established plasma donation centers, expected to increase its market share to approximately 50% and drive revenue growth.
Financial PerformancePaysign reported a 33.1% revenue increase to $19.1 million and a 101.8% increase in adjusted EBITDA to $4.51 million, indicating strong financial growth.
Market PositionPaysign's growth outlook remains very positive, driven by its Pharma Patient Affordability business segment and a recent large new business award within the Plasma segment.