Kodiak AI, Inc. (KDK) vs Paysign, Inc. (PAYS)

Kodiak AI, Inc. and Paysign, Inc. are both Software Infrastructure companies. Paysign, Inc. is the larger, with a market value of $731.8M against $571.8M — 1.3× the size. Kodiak AI, Inc. has negative trailing earnings, so its P/E is not meaningful; Paysign, Inc. trades at 45.3×. Paysign, Inc. grew revenue faster over the last twelve months: 46.8% against −57.7%. Paysign, Inc. has the higher net margin (15.7% vs −4,960.8%) and the higher return on invested capital (0.00% vs 0.00%). Across the 15 metrics below, Paysign, Inc. leads on 12 and Kodiak AI, Inc. on 3.

Valuation

Metric KDK PAYS Software Infrastructure median
P/E n/m 45.25 28.02
P/S 63.62 7.03 3.07
P/B n/m 11.77 3.36
Price to free cash flow n/m 10.48 17.12
EV/EBITDA n/m 20.17 14.91
EV/Sales 48.39 5.31 3.03
Earnings yield (180.66%) 2.21% 0.13%
Free cash flow yield (32.26%) 9.55% 1.15%

Profitability

Metric KDK PAYS Software Infrastructure median
Gross margin 100.00% 61.00% 61.23%
Operating margin (2,100.21%) 17.01% 0.00%
Net margin (4,960.84%) 15.67% 0.00%
Free cash flow margin (2,052.14%) 67.13% 1.67%
Return on equity 333.16% 30.82% 0.59%
Return on assets (93.94%) 6.17% 0.00%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric KDK PAYS Software Infrastructure median
Revenue growth (TTM) (57.70%) 46.84% 13.41%
EPS growth (last fiscal year) (439.86%) 85.71% —
Revenue growth, 5-year CAGR — 27.74% 15.81%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric KDK PAYS Software Infrastructure median
Debt to equity 1.23 0.00 0.06
Current ratio 5.54 1.14 1.55
Net debt to EBITDA 0.72 (10.52) 0.08

Dividend

Metric KDK PAYS Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric KDK PAYS Software Infrastructure median
Market cap 571.76m 731.75m 835.96m

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