Paysafe Results Presentation Deck slide image

Paysafe Results Presentation Deck

GAAP Net (loss) income to adjusted EBITDA reconciliation Paysafe: ($ in thousands) Net income / (loss) Income tax (benefit) / expense Interest expense, net Depreciation and amortization (1) (1) Share based compensation expense Impairment expense on goodwill and intangible assets Restructuring and other costs Loss / (gain) on disposal of subsidiaries and other assets, net Other income, net Adjusted EBITDA Adjusted EBITDA Margin $ $ Three months ended September 30, 2022 978 $ 7,283 34,631 66,088 13,542 4,036 6,443 699 (38,230) 95,470 26.1% 2021 (147,106) (76,859) 19,272 61,832 8,713 322,210 14,833 (96,490) $ 106,405 30.1% Nine months ended September 30, 2022 $ (1,828,573) $ (52,749) 89,013 199,096 45,248 1,886,223 60,636 1,359 (97,863) 302,390 27.2% $ $ 2021 (200,850) (66,105) 144,291 197,408 92,830 324,145 22,321 (28) (175,573) 338,439 30.3% (1) Following an internal review of the disclosures in our terms and conditions of foreign exchange rates in our Digital Commerce business for the period January 2018 to August 2022, and pursuant to discussions with our regulator that were initiated by us and concluded in September 2022, we agreed to provide payments to certain customers. As a result, we recorded a provision of $33.6 million related to this matter as of June 30, 2022 in our interim financial statements filed on Form 6-K October 19, 2022. This was a subsequent event that occurred after the filing of our Q2 2022 earnings release and therefore was not reflected in the financial results included therein. The following line items have been updated to reflect this provision: Net (loss) / income, restructuring and other costs, and income tax (benefit) /expense. 24
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