Paysafe Results Presentation Deck slide image

Paysafe Results Presentation Deck

Q1 financial highlights Volume ($bn) $25.6 Q1 2020 $112.8 +8% Q1 2020 Adj. EBITDA (¹) ($m) $27.7 flat Q1 2021 $113.2 Q1 2021 30.0% take rate Revenue ($m) $359.7 Q1 2020 1.4% FCF(¹) ($m) $84.4 +5% Q1 2020 29% $377.4 Q1 2021 1.4% $108.5 Q1 2021 ● ● Volume. Growth across Integrated Processing and eCash Revenue. Robust growth from eCash offset by lower revenues from Digital Wallets & Integrated Processing eCash benefiting from lockdown extensions Impact of channel exits (beginning to lap in Q2'21) Optimizing risk/reward mix across merchants in Integrated Processing Adj. EBITDA. Flat versus prior year FCF. 96% conversion (FCF/AEBITDA) - benefited from utilization of bank guarantees (~$45m) to support safeguarding activities at end of Q1 Pro Forma Results. Excluding Pay Later(²), revenue growth of 7% and Adj. EBITDA growth of 1.5% margin 31.4% Note: Volume = total volume. Take rate = total revenue divided by volume. Paysafe: (d. 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. (2) The sale of Pay Later was announced in July of 2020 and closed in October 2020. In the first quarter of 2020, Pay Later generated revenue and Adj. EBITDA of approximately $7.1m and $1.3m, respectively. 7
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