Profitability:
Q4 2025 turned GAAP-profitable and adjusted EBITDA improved materially, indicating better operating leverage and margin progress. Feedback suggests this profitability inflection, alongside record Q4 results, strengthens near-term stability.
Healthy Cash Flow:
2025 free cash flow was positive and the company ended the year with substantial cash and no debt, underscoring balance-sheet resilience. Feedback suggests this cash position supports continued investment and cushions macro or FX headwinds.
Market Expansion:
Demand broadened across Money Transfer & Payments, Fashion & Luxury, and Tickets & Travel, with GMV up year over year and non‑U.S. regions growing. Feedback suggests this diversification by vertical and geography supports steadier growth momentum into 2026.
