Nuvei Results Presentation Deck
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Non-IFRS Financial Measures
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Adjusted net income per basic share and per diluted share: We use Adjusted net income per basic share and per diluted share as an indicator of performance
and profitability of our business on a per share basis. Adjusted net income per basic share and per diluted share means Adjusted net income less net income
attributable to non-controlling interest divided by the basic and diluted weighted average number of common shares outstanding for the period. The number of
share-based awards used in the diluted weighted average number of common shares outstanding in the Adjusted net income per diluted share calculation is
determined using the treasury stock method as permitted under IFRS.
Supplementary Financial Measures
Total volume and eCommerce volume: We believe Total volume and eCommerce volume are indicators of performance of our business. Total volume and
similar measures are used widely among others in the payments industry as a means of evaluating a company's performance. We define Total volume as the total
dollar value of transactions processed in the period by customers under contractual agreement with us. eCommerce volume is the portion of Total volume for which
the transaction did not occur at a physical location. Total volume and eCommerce volume do not represent revenue earned by us. Total volume includes acquiring
volume, where we are in the flow of funds in the settlement transaction cycle, gateway/technology volume, where we provide our gateway/technology services but
are not in the flow of funds in the settlement transaction cycle, as well as the total dollar value of transactions processed relating to APMs and payouts. Since our
revenue is primarily sales volume and transaction-based, generated from merchants' daily sales and through various fees for value-added services provided to our
customers, fluctuations in Total volume will generally impact our revenue.
Total volume at constant currency: Total volume at constant currency is used as an indicator of performance of our business on a more comparable foreign
currency exchange basis. Total volume at constant currency means Total volume adjusted for the impact of foreign currency exchange fluctuations. This measure
helps provide better comparability of business trends year-over-year, without the impact of fluctuations in foreign currency exchange rates. Foreign currency
exchange impact in the current period is calculated using prior period quarterly average exchange rates applied to the current period foreign currency amounts.
Total organic volume at constant currency: Total organic volume at constant currency is used as an indicator of performance of our business on a more
comparable basis. This measure helps provide insight on organic and acquisition-related growth and presents useful information about comparable Total volume
growth. Total organic volume at constant currency means Total volume excluding Total volume attributable to acquired businesses for a period of 12 months
following their acquisition and excluding Total volume attributable to divested businesses, adjusted for the impact of foreign currency exchange fluctuations. Foreign
currency exchange impact in the current period is calculated using prior period quarterly average exchange rates applied to the current period foreign currency
amounts.View entire presentation