Alexander Veytsman's questions to Paysign Inc (PAYS) leadership • Q1 2025
Question
Alexander Veytsman from B. Riley Securities, Inc. asked about the expected duration of the headwinds in the plasma business and how the Gamma Innovation acquisition will help mitigate these challenges and drive future growth.
Answer
President and CEO Mark Newcomer acknowledged that headwinds from plasma supply surpluses are expected to persist through 2025. He explained the Gamma acquisition is a strategic move to strengthen their tech stack with a donor engagement app and CRM, creating an integrated platform to expand their addressable market. CFO Jeff Baker added the acquisition is expected to generate $4 million to $5 million in annual cash flow savings.