Paysafe: Advanced Suite of Digital Commerce Solutions
Strong operating leverage: Growth at scale
Operating leverage
Adj Opex(1)(2)
as % of
30%
organic
32%
30%
29%
28%
revenue(¹):
19.6%
13.2%
Paysafe:
Organic Adj.
EBITDA
margin(1)(2):
Organic Adj. EBITDA (1)
($ in millions)
36%
34%
30%
33%
34%
36%
11.6%
10.7%
10.4%
8.5%
5.3%
6% growth
5.9%
4.6%
'20E-'23E CAGR 17% (2)
'20E - '23E CAGR 21% (3)
$561
| $60 min.
$655
$15 min.
| $60 min.
$744
$15 min.
$60 min.
$469
$442
$420
$669
(0.7%)
$580
$501
2019A
2020E
2021E
2022E
2023E
2018A
2019A
2020E
2021E
2022E
2023E
Organic revenue (1) (2) YoY growth
Adj. Operating expenses (1) (2) YoY growth
Organic Adj. EBITDA (1)(2)
Pro forma upside
Opportunity (4)
•
Targeted investments in compliance, risk, and
•
finance over the last couple of years in a committed
effort to increase scalability and improve risk profile
U.S. iGaming expansion (5)
Scalable business model and continued cost
discipline drives expansion in Organic Adj.
EBITDA (1) margin
(1)
(2)
(3)
(4)
(5)
See slide 49 for additional information regarding this non-GAAP measure. See slide 50 for reconciliation to the nearest GAAP measure.
Excludes pro forma upside opportunity and U.S. iGaming expansion.
Includes pro forma upside opportunity and U.S. iGaming expansion.
Represents upside impact to base plan '21E - '23E Organic Adj. EBITDA giving pro forma effect to cost savings and revenue opportunities if and when realized in future periods.
Represents upside impact to base plan '22E 23E Organic Adj. EBITDA giving pro forma effect to growth in U.S. iGaming market volume if and when it occurs.
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