Paysafe Results Presentation Deck
Summary
Volume¹
$35bn
+6% YoY
●
●
Revenue
$402m
+5% YoY cc²; +6%
Paysafe:
Adj. EBITDA
$113m
28.1% margin (+90 bps)
Adj. Net Income
$35m
$0.56 per share
4th consecutive quarter of reported YoY revenue growth; strength across SMB, e-commerce and classic digital wallets
+5% total revenue growth YoY CC (Merchant Solutions +6% and Digital Wallets +5% CC)
Adj. EBITDA margin increased 90 bps YoY
37 enterprise wins³ in Q2 with continued success cross-selling into existing client base and multi-product new client wins
Raising 2023 full year outlook including revenue growth in the range of 6.5% to 7.5%; continue to expect >100 bps in Adj.
EBITDA margin expansion
CC = constant currency. Note: Adj. EBITDA and Adj. Net Income are non-GAAP financial measures. See appendix for reconciliations of non-GAAP measures.
(1) Volume excludes embedded wallet-related volumes of $6.9 billion in Q2'23 and $13.5 billion in Q2'22.
(2) Constant currency growth excludes revenue benefit of $3.2 million, resulting from movement in foreign exchange rates.
(3) Enterprise reflects deals with annual contract value (ACV) >$100K.
Net Leverage
5.6x
versus 5.8x Dec-22
3View entire presentation