Paysafe Results Presentation Deck slide image

Paysafe Results Presentation Deck

Q2 financial highlights Volume¹ (sbn) $32.3 Q2 2021 +3% $33.4 Q2 2022 Growth led by Americas Continued strength in US SMB Retail, iGaming, Latin America Paysafe: Continued weakness in European iGaming markets; Russia/Ukraine impact; softer activity in financial markets/crypto Revenue ($m) $384.3 1.2% take rate Q2 2021 -1% +3% cc² $378.9 1.1% take rate Q2 2022 Revenue improves YoY, excl. FX FX headwind $18m Take rate lower, reflecting mix shift to US Acquiring Absorbed ~$30m FX headwind (1H YoY) Adj. EBITDA³($m) $118.8 30.9% margin Q2 2021 -13% -9% CC² $103.0 27.2% margin Q2 2022 Margin reflects overall mix and lower Digital Commerce margin Mix shift to US Acquiring LTM FCF³ ($m) Note: Volume = total payment volume. Take rate = total revenue divided by volume. CC = Constant Currency. LTM = Last Twelve Months (1) Q2'22 Volume excludes embedded finance-related volumes of approximately $13.5 billion. (2) Constant currency growth excludes revenue and Adj. EBITDA headwinds of $18.3 million and $5.1 million, respectively resulting from movement in foreign exchange rates. (3) 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. $338.8 78% conversion (adj. EBITDA) Jun 2021 -34% $222.1 53% conversion (adj. EBITDA) Jun 2022 53% LTM FCF Conversion Below targeted range due to higher working capital (lower utilization of bank guarantees; growth in LATAM), capex and tax 13
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