Exhibit 99.1 crypto.com @ crypto.com crypto.com SHIFT@ Q1 2025 SHAREHOLDER LETTER INVESTORS.SHIFT4.COM Forward-Looking Statements This letter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Shift4 Payments, Inc. ("we. "our," the "Company." o "Shift4") intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21 ...

The consensus among analysts is that 'Gross Revenue- Subscription and other revenues' will reach $92.56 million. The estimate points to a change of +77% from the year-ago quarter. Analysts expect 'Gross Revenue- Payments-based revenue' to come in at $797.60 million. The estimate indicates a year-over-year change of +21.8%. The average prediction of analysts places 'End-to-End Payment Volume' at $44.53 billion. Compared to the present estimate, the company reported $33.40 billion in the same quarter last yea ...

Investors interested in stocks from the Financial Transaction Services sector have probably already heard of PagSeguro Digital Ltd. (PAGS) and Shift4 Payments (FOUR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate r ...

Business Operations and Revenue Model - Shift4 processed billions of transactions annually for hundreds of thousands of businesses, establishing itself as a leading independent provider of software and payment processing solutions in the U.S.[25] - The majority of Shift4's revenue is derived from processing fees, charged as a percentage of end-to-end payment volume and/or as a fee per transaction, with no single merchant accounting for more than 3% of revenue in recent years[30] - Shift4's revenue model is predominantly recurring, with significant contributions from subscription revenue for licensing its POS software and business intelligence tools[30] - The company aims to increase payment volume processed through its integrated platform across diverse verticals, including restaurants and e-commerce[47] - Shift4 Payments reported a significant increase in revenue, achieving $500 million in Q3 2023, representing a 25% year-over-year growth[101] - Shift4 Payments anticipates continued growth, projecting revenue to reach between $2 billion and $2.2 billion for the full year 2024, indicating a growth rate of approximately 20%[101] Technology and Innovation - The payments platform supports multiple payment types, including credit, debit, contactless cards, and alternative payment methods like Apple Pay and Google Pay, ensuring flexibility for merchants[33] - Shift4's proprietary gateway integrates with over 550 software suites, enabling connectivity with major payment processors and enhancing security features to protect consumer card data[34] - Shift4's technology solutions are designed to streamline business operations and drive growth through strong consumer engagement and rich transaction-level data[35] - The company focuses on innovation and product development, leveraging an extensive library of intellectual property to create scalable technology solutions[28] - Shift4's technology solutions include SkyTab POS, SkyTab Mobile, and Lighthouse, aimed at improving operational efficiency and customer engagement[37] - Shift4 Payments is investing in new technology, including enhancements to its payment processing platform, which is expected to improve transaction speed by 15%[101] Market Expansion and Strategic Partnerships - The company is strategically expanding its market presence and enhancing its service offerings through partnerships with independent software vendors and value-added resellers[29] - In 2023, the company acquired Credorax, Inc. (operating as Finaro) to support international expansion, particularly in Europe and the UK[50] - The company is focused on international expansion and anticipates growth in its market position, with a strategy to enhance its service offerings[15] - Shift4 Payments is exploring potential acquisitions to bolster its service offerings and expand its technological capabilities, with a target of completing at least one acquisition by the end of 2024[101] - The company has initiated strategic partnerships with major players in the e-commerce space, which is projected to increase its customer base by 40% over the next year[101] Customer Experience and Support - The company aims to simplify commerce for merchants by providing an integrated solution that combines hardware, software, and payment processing[27] - The merchant onboarding process allows for activation within minutes via an online portal, with complex merchants typically onboarded within 24 hours[44] - The company provides a full curriculum of training materials to merchants, enhancing their operational capabilities[44] - The company provides 24/7 merchant support, emphasizing first-call resolution to enhance operational efficiency[51] - Shift4's operations infrastructure leverages over 30 years of experience in the hospitality sector to deliver high-quality customer experiences[42] Employee Engagement and Corporate Culture - As of December 31, 2024, Shift4's workforce included approximately 4,000 employees, with 800 employees added through acquisitions completed in 2024[75] - Shift4's compensation philosophy emphasizes equity and performance-based rewards, including a 401(k) with 100% matching up to 4% of salary in the U.S.[80] - In 2024, over 2,500 employees voluntarily engaged in learning opportunities, completing approximately 23,000 courses[79] - The appointment of Shift4's first Chief Human Resources Officer in 2024 reflects a strategic enhancement of the human capital governance structure[76] - Shift4's employee engagement initiatives include the Top Gun Employee Recognition Program, celebrating top performers and driving retention[84] Compliance and Risk Management - The company is subject to various federal, state, and international laws prohibiting unfair or deceptive trade practices, which could impact its business operations[70] - The company is subject to GDPR penalties for non-compliance, which can reach up to EUR 20 million or 4% of global annual turnover[69] - The company has policies and controls in place to comply with anti-money laundering laws and regulations in various jurisdictions, including the U.S. and EU[71] - The company’s risk management operations monitor merchant accounts continuously to minimize losses associated with fraud and default[51] Financial Performance and Projections - The company processed over 200 million transactions in the last quarter, reflecting a 30% increase compared to the same period last year[101] - The company reported a net income of $50 million for Q3 2023, a 10% increase from the previous quarter, showcasing improved profitability[101] - Shift4 Payments is committed to enhancing its cybersecurity measures, with a planned investment of $10 million in 2024 to safeguard customer data[101] Governance and Leadership - Jared Isaacman has served as the CEO and Chairman of Shift4 Payments since its formation, and he is also the founder of Shift4 Payments, LLC[91] - Nancy Disman has been the CFO since August 2022, previously serving as CFO and Chief Administrative Officer at Intrado Corporation[93] - Shift4 Payments is committed to enhancing its governance practices through experienced board members with diverse backgrounds in finance and technology[15] - The company is preparing for potential executive transitions and succession planning to ensure leadership continuity[15]

Financial Data and Key Metrics Changes - End-to-end payment volumes increased 49% year-over-year to $47.9 billion [8] - Gross revenue less network fees increased 50% to $405 million [9] - Adjusted EBITDA increased 51% to $205.9 million [9] - Adjusted free cash flow increased 78% to $134 million [9] - Year-end net leverage was 2.5 times [11] Business Line Data and Key Metrics Changes - Subscription and other revenue was $115 million in Q4, up 100% compared to the same period last year [46] - Unified commerce platform saw Q4 year-over-year volumes up 660% and calendar year volumes up 319% [25] - SkyTab installations surpassed the initial goal of 30,000 for 2024 [14] Market Data and Key Metrics Changes - International expansion included processing across Latin America and plans to launch in four to six additional countries [31] - Significant growth in the non-profit sector with record volumes [25] Company Strategy and Development Direction - The acquisition of Global Blue for approximately $2.5 billion aims to enhance payment capabilities and unlock revenue synergies [36][38] - Focus on building a unified commerce platform to streamline payment processes globally [22][29] - Strategy to follow strategic customers into new international markets [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in surpassing midterm guidance despite economic challenges [11] - Anticipated adjusted EBITDA margins of approximately 45% for Q1, aligning with historical trends [51] - Guidance for 2025 includes volume between $200 billion and $220 billion, representing 21% to 33% year-over-year growth [51] Other Important Information - GAAP net income for Q4 was $139 million, with GAAP diluted EPS at $1.44 [49] - Company repurchased over one million shares for $110 million, leaving $350 million of capacity available [48] Q&A Session Summary - No questions were entertained during the call as it was followed by an Investor Day event [6][53]

For the quarter ended December 2024, Shift4 Payments (FOUR) reported revenue of $405 million, up 50.4% over the same period last year. EPS came in at $1.35, compared to $0.76 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $405.41 million, representing a surprise of -0.10%. The company delivered an EPS surprise of +16.38%, with the consensus EPS estimate being $1.16.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Shift4 Payments (FOUR) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.38%. A quarter ago, it was expected that this company would post earnings of $1.10 per share when it actually produced earnings of $1.04, delivering a surprise of -5.45%.Over the last four quarters, the company ...

Financial Data and Key Metrics Changes - End-to-end payment volumes increased by 49% year-over-year to $47.9 billion [6] - Gross revenue less network fees rose by 50% to $405 million [6] - Adjusted EBITDA increased by 51% to $205.9 million [6] - Adjusted free cash flow surged by 78% to $134 million [6] - Full year adjusted free cash flow reached $399 million, up 46% compared to the previous year [30] Business Line Data and Key Metrics Changes - Subscription and other revenue in Q4 was $115 million, up 100% year-over-year [29] - Adjusted EBITDA margins for Q4 were 51.5%, with full year margins at 53% [29] - Unified commerce platform saw Q4 year-over-year volumes up 660% and calendar year volumes up 319% [17] Market Data and Key Metrics Changes - The company is expanding its international presence, processing payments across Latin America and planning to launch in four to six additional countries [21] - The company is now processing payments for various international restaurants and hospitality venues, indicating strong market penetration [9][11] Company Strategy and Development Direction - The acquisition of Global Blue for approximately $2.5 billion aims to enhance the company's payment capabilities and expand its market reach [24] - The company is focused on building a unified commerce platform that integrates various payment solutions for merchants [16] - The strategy includes leveraging existing relationships with major fintech companies like Ant International and Tencent to enhance e-commerce opportunities [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in surpassing midterm guidance despite economic challenges such as inflation and rising interest rates [7] - The company anticipates strong growth in 2025, with guidance excluding the Global Blue impact indicating significant year-over-year growth across key metrics [33] - Management emphasized the importance of maintaining operational efficiency to generate exceptional cash flow without sacrificing growth [30] Other Important Information - The company repurchased over 1 million shares for $110 million, leaving approximately $350 million of capacity available under its current program [31] - The company plans to integrate crypto payment capabilities across its products, positioning itself as a leader in this emerging market [19] Q&A Session Summary - No questions were entertained during the call as the focus was on the Investor Day event [5]

Wall Street analysts expect Shift4 Payments (FOUR) to post quarterly earnings of $1.16 per share in its upcoming report, which indicates a year-over-year increase of 52.6%. Revenues are expected to be $405.41 million, up 50.5% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company a ...

Financial Performance - Gross revenue for Q3 2024 reached $909.2 million, a 34.6% increase from $675.4 million in Q3 2023[14] - Net income attributable to Shift4 Payments, Inc. was $53.8 million in Q3 2024, compared to $32.6 million in Q3 2023, reflecting a 64.0% increase[14] - Comprehensive income attributable to Shift4 Payments, Inc. was $81.5 million in Q3 2024, up from $28.6 million in Q3 2023[15] - Income from operations for Q3 2024 was $80.4 million, a significant increase from $44.7 million in Q3 2023[14] - Basic net income per share for Class A was $0.78 in Q3 2024, compared to $0.56 in Q3 2023, representing a 39.3% increase[14] - Net income for the nine months ended September 30, 2024, was $155.2 million, compared to $103.7 million for the same period in 2023, representing a 49.8% increase[19] - Adjusted EBITDA for the nine months ended September 30, 2024, was $471.5 million, compared to $323.8 million in the prior year, reflecting improved operational performance[127] Assets and Liabilities - Total current assets increased to $2,094.6 million as of September 30, 2024, up from $1,153.3 million at December 31, 2023, representing an increase of 81.8%[13] - Total liabilities increased to $4,001.1 million from $2,519.4 million, reflecting a rise of 58.7%[13] - Long-term debt surged to $2,838.0 million, up from $1,750.2 million, indicating an increase of 62.1%[13] - Total assets reached $5,048.9 million, up from $3,387.8 million, representing a growth of 48.9%[13] - Cash and cash equivalents rose significantly to $1,426.4 million from $455.0 million, marking a growth of 213.5%[13] Equity and Stock - Total stockholders' equity attributable to Shift4 Payments, Inc. grew to $811.8 million from $653.3 million, a rise of 24.2%[13] - The company reported a total of 66,791,329 Class A shares outstanding for Q3 2024, an increase from 56,537,008 shares in Q3 2023[14] - The company authorized a new stock repurchase program in May 2024, allowing for the repurchase of up to $500 million of Class A common stock through December 31, 2025[83] - During the nine months ended September 30, 2024, the Company repurchased 528,888 shares for $35.9 million at an average price of $67.77 per share, leaving $464.1 million available under the repurchase program[83] Revenue Streams - Payments-based revenue of $806.8 million for the three months ended September 30, 2024, up from $626.9 million for the same period in 2023, representing a growth of 28.7%[47] - Total revenue for the nine months ended September 30, 2024, was $2,443.6 million, compared to $1,859.4 million for the same period in 2023, indicating an increase of about 31.3%[47] - Subscription and other revenues surged by $53.9 million, or 111%, primarily due to recent acquisitions and higher SaaS revenue from SkyTab solutions[106] Expenses and Costs - Total cost of sales for Q3 2024 was $641.9 million, up from $495.1 million in Q3 2023, indicating a 29.6% increase[14] - General and administrative expenses increased to $118.2 million in Q3 2024 from $76.3 million in Q3 2023, a rise of 55.0%[14] - Interest expense for Q3 2024 was $18.3 million, up from $8.0 million in Q3 2023, reflecting a 128.8% increase[14] - Depreciation and amortization expense increased by $31.9 million, or 29%, primarily from amortization of intangible assets from acquisitions[121] Acquisitions and Investments - The company acquired Credorax, Inc. d/b/a Finaro in the fourth quarter of 2023, expanding its payment processing services into Europe and the U.K.[25] - The Company acquired a majority stake in Vectron Systems AG for a total purchase consideration of $62.7 million, net of cash acquired, and as of September 30, 2024, owned approximately 75% of Vectron[36] - The acquisition of Revel Systems, Inc. was completed for $245.3 million, net of cash acquired, enhancing the Company's presence in the restaurant and retail markets[41] Tax and Compliance - The Company's effective tax rate was (135)% for the three months ended September 30, 2024, significantly different from the U.S. federal statutory income tax rate of 21% due to a discrete tax benefit of $283.8 million[73] - The Company has $7.5 million of uncertain tax positions recognized as of September 30, 2024, up from $4.7 million as of December 31, 2023[74] Cash Flow - Net cash provided by operating activities increased to $354.9 million from $283.0 million, reflecting a 25.3% growth year-over-year[19] - Net cash used in investing activities increased to $435.2 million for the nine months ended September 30, 2024, from $151.1 million in 2023, primarily due to a $269.6 million increase in cash paid for acquisitions[135] - Net cash provided by financing activities was $950.6 million for the nine months ended September 30, 2024, a significant increase from net cash used of $124.3 million in 2023[136] Legal and Regulatory Matters - The company has not established reserves for ongoing legal proceedings, as it cannot determine the probability of loss or estimate damages[81] - The consolidated actions against the Company allege violations of the Securities Exchange Act of 1934, with claims for unspecified damages[81] - The Company intends to defend against the legal claims vigorously, believing they are without merit[81]