Paysafe Results Presentation Deck
Q3 financial highlights
Volume ($bn)
$26.2
Q3 2020
$107.3
Q3 2020
+19%
Adj. EBITDA (¹) ($m)
margin 30.2%
$31.1
-1%
Q3 2021
$106.4
Q3 2021
30.1%
flat
Ex. PL
take rate
Revenue ($m)
$355.5
Q3 2020
1.4%
$58.8
Q3 2020
Paysafe: Note: Volume = total payment volume. Take rate = total revenue divided by volume.
(1)
(2)
-1%
FCF(¹) ($m)
$353.6
+19%
Q3 2021
1.1%
$70.2
Q3 2021
+2%
Ex. PL
●
●
●
●
Volume. YoY growth led by Integrated Processing
Revenue. Growth from Integrated Processing and
eCash offset by Digital Wallet
Adj. EBITDA. Margin consistent with prior year as mix
headwind largely offset by cost optimization
FCF. 66% conversion (FCF/Adj. EBITDA); YTD 69%
Excluding Pay Later(2). Revenue growth of 2% and
Adj. EBITDA flat
Adj. EBITDA and FCF are non-GAAP financial measures. See the appendix of this presentation for a reconciliation to the most directly comparable GAAP financial measures.
The sale of Pay Later closed in October 2020. In the third quarter of 2020, Pay Later generated revenue and Adj. EBITDA of approximately $7.7m and $1.2m, respectively.
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