Paysafe Results Presentation Deck
Performance relative to expectations
Expectations as of August 16, 2021
• Direct Marketing vertical improvement in 2H21
Continued execution on cost savings
• Strong pipeline in eCommerce Processing, expected to onboard
new clients in Q4
Digital Wallet segment
• Soft summer activity, with return to normal seasonality and Europe
reopening effects; expected Q4 improvement to follow
Q3 guidance and full year outlook
3Q guidance: Rev. $360m - $375m; Adj. EBITDA $95m - $110m
• Maintained FY21 outlook
Paysafe:
Today
Direct Marketing recovering as expected (incr. Q/Q)
Delivered $26m cost savings YTD; expect >$35m FY21
eCommerce agreements modified (different scope and ramp);
pipeline remains healthy
Digital Wallet segment
* Second half Q3 weaker than expected with weakness continuing into
Q4; challenges to address in Digital Wallet
Q3 results and full year outlook
3Q Rev. $354m (below guidance); Adj. EBITDA $106m (inline)
* Lowering FY21 and FY22 (Digital Wallets turnaround)
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