Shares fell 7.5% following Repay Holdings' earnings as investors reacted negatively to signs of deceleration in Consumer Payments growth and a cautious outlook driven by ongoing integration risks related to the Kubra acquisition.

• Revenue grew 4% year-over-year in Q1, reflecting a slowdown compared to stronger 18% growth in the Business Payments segment.
• Adjusted EBITDA margins were approximately 43%, supported by operational efficiencies and automation initiatives.
• Consumer Payments saw modest revenue gains driven by new enterprise clients and phased rollout of Voice AI, but growth momentum appears tepid.
• Business Payments continued solid momentum with 18% revenue growth, fueled by new software partners and an expanding supplier network (+70% year-over-year vendors).
• The acquisition of Kubra, expected to close in Q2 with fully committed financing, introduces integration risks and is viewed cautiously despite management optimism.