Paysafe Results Presentation Deck
Reconciliation of GAAP Net loss to Adj. net income
($ in thousands)
Net loss attributable to the Company
Other non operating income, net (1)
Impairment expense on goodwill and intangible assets
Amortization of acquired assets (2)
Restructuring and other costs
Share-based compensation expense
Discrete tax items (3)
Income tax benefit on non-GAAP adjustments
Adjusted net income attributable to the Company
(in millions)
Weighted average shares - diluted
Adjusted diluted impact
Adjusted weighted average shares - diluted
$
Three Months Ended
March 31,
2023
(3,808) S
(764)
82
33,673
1,990
7,216
5,479
(10,792)
33,076 $
61.0
0.4
61.4
2022
(1,171,183)
(5,408)
1,205,731
42,266
12,591
13,970
(6,625)
(54,081)
37,261
Paysafe: (4): Income tax benefit on non-GAAP adjustments reflects the tax impact of the non-GAAP adjustments to net loss attributable to the Company to calculate adjusted net income.
60.3
0.1
60.4
(1): Other non operating income, net primarily consists of income and expenses outside of the Company's operating activities, including, fair value gain / loss on warrant liabilities and loss on contingent consideration and gain /
loss on foreign exchange. For the three months ended March 31, 2023, this item also includes the gain to repurchase secured notes and fair value loss on derivative instruments.
(2): Amortization of acquired asset represents amortization expense on the fair value of intangible assets acquired through various Company acquisitions, including brands, customer relationships, software and merchant
portfolios.
(3): Discrete tax items represents certain amounts within income tax (benefit)/expense, including changes in uncertain tax positions and the remeasurement of certain deferred tax balances due to changes in the statutory tax
rates in certain jurisdictions.
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