Paysafe Results Presentation Deck slide image

Paysafe Results Presentation Deck

Q2 financial highlights Volume ($bn) $22.7 Q2 2020 $110.4 Paysafe: Q2 2020 margin 32.4% +41% Adj. EBITDA (¹) ($m) (1) (2) $32.3 +8% Q2 2021 $118.8 Q2 2021 30.9% +9% Ex. PL take rate Revenue ($m) $341.0 Q2 2020 1.5% $96.2 +13% Q2 2020 $384.3 FCF(¹) ($m) Q2 2021 1.2% $54.6 Q2 2021 +16% Ex. PL ● ● ● Volume. YoY growth across all segments; sequential growth across Integrated Processing and Digital Wallet Revenue. Strong growth led by eCash and Integrated Processing; take rate compression reflects mix eCash revenue +37% YoY NA iGaming revenue +48%; volume +72% YoY Strong growth across US Acquiring and eCommerce Integrated Processing absorbing Direct Marketing impacts and FY'20 Pay Later divestiture Digital Wallet beginning to lap market/channel exits - - Adj. EBITDA. Margin versus prior year reflects mix, 2020 temporary cost reductions, and investment, partially offset by cost optimization FCF. 46% conversion (FCF/AEBITDA) reflecting timing of tax payments Q2'21; YTD conversion 70% Excluding Pay Later(2). Revenue growth of 16% and Adj. EBITDA growth of 9% Note: Volume = total payment volume. Take rate = total revenue divided by volume. 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 second quarter of 2020, Pay Later generated revenue and Adj. EBITDA of approximately $8.8m and $1.7m, respectively. 12
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