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Payment Data Systems Inc

Payment Data Systems (PYDS) is a payment technology solutions provider that focuses on processing and settlement services for both merchants and billers. The company offers a suite of products and services through its three primary subsidiaries: Payment Data Systems, Singular Payments, and Payscout.

Payment Data Systems operates as a payment processor for merchants, providing electronic payment processing and transaction management services. Singular Payments offers payment gateway and merchant services, while Payscout provides international payment processing and card issuance solutions.

Regarding financials, Payment Data Systems has shown mixed results in recent years. In the fiscal year 2021, the company reported revenues of $21.5 million, representing a decrease of 1.3% compared to the previous year. However, the company managed to increase its net income by 59.3% to $2.3 million in 2021.

The company's earnings per share (EPS) have also shown improvement, growing from $0.05 in 2019 to $0.15 in 2021. Meanwhile, the company's diluted EPS increased from $0.05 in 2019 to $0.14 in 2021, reflecting an improvement in the company's profitability.

Payment Data Systems has also been active in its efforts to grow its business and expand its product offerings. In 2021, the company acquired a payment processing company, expanding its payment processing capabilities and client base. Additionally, Payment Data Systems has made several strategic partnerships, including partnerships with payment platform providers and financial institutions, to expand its reach and offer new products and services.

Overall, Payment Data Systems has shown some improvement in its financials in recent years, with a focus on growing its business through acquisitions and strategic partnerships. However, investors should conduct their own research and consult with a financial advisor before making any investment decisions.