Paysafe Results Presentation Deck slide image

Paysafe Results Presentation Deck

Q2 financial highlights Volume¹ (sbn) $33.4 Q2 2022 +6% $35.5 Q2 2023 Paysafe: • Volume mix: 85% Merchant, 15% Wallet Revenue ($m) (2) (3) (4) $378.9 1.1% take rate Q2 2022 +6% +5% CC² $402.3 1.1% take rate Q2 2023 Growth driven by US SMB, e- comm (e.g., NA iGaming) and classic digital wallets 1H23 revenue growth +6% CC (FX headwind $4m in 1H) ● Adj. EBITDA³ (sm) $103.0 27.2% margin Q2 2022 +10% +9% cc² $113.0 28.1% margin Q2 2023 Adj. EBITDA margin +90 bps reflecting higher gross margin in Digital Wallets and operating leverage LTM FCF3 ($m) $222.1 +63% $363.0 LTM Jun'22 LTM Jun 23 Note: Volume = total payment volume. Take rate= total revenue divided by volume. CC = constant currency. LTM = last twelve months. (1) Volume excludes embedded wallet-related volumes of $6.9 billion Q2'23 and $13.5 billion Q2'22. Volume mix excludes inter-segment amounts. 86% LTM FCF conversion of Adj. EBITDA Leverage reduced to 5.6x (from 5.8x at 2022 year-end) Adj. Net Income³4 ($m) ● ● $37.5 Q2 constant currency growth excludes revenue and Adj. EBITDA benefit of $3.2 million and $1.0 million, respectively, resulting from movement in foreign exchange rates. Adj. EBITDA, FCF, Adj Net Income and Adj EPS are non-GAAP financial measures. See the appendix of this presentation for reconciliations to the most directly comparable GAAP financial measures. The denominator in the calculation for Adj. EPS for Q2'22 has been retroactively adjusted to reflect the 1-for-12 reverse stock split effective December 12, 2022. $0.62 Adj. EPS Q2 2022 -8% $34.7 $0.56 Adj. EPS Q2 2023 Lower Adj. Net Income reflects higher interest rates GAAP net loss $1.8m vs. $658.7m net loss in Q2'22 7
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