Another notable valuation metric for PSFE is its P/B ratio of 1.28. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, FOUR has a P/B of 7.07. Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Paysafe Limited (PSFE) and Shift4 Payments (FOUR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. ...

Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [2] - The 'Fast-Paced Momentum at a Bargain' screen is effective in spotting fast-moving stocks that remain attractively priced [2] Group 3: Paysafe Limited (PSFE) Analysis - Paysafe Limited (PSFE) has shown a price increase of 20.6% over the past four weeks, indicating growing investor interest [3] - Over the past 12 weeks, PSFE's stock gained 37.2%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - PSFE has a beta of 1.92, suggesting it moves 92% more than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - PSFE has a Momentum Score of B, suggesting it is an opportune time to invest in the stock to leverage its momentum [5] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which typically attract more investor interest [6] - PSFE is trading at a Price-to-Sales ratio of 0.67, indicating it is relatively cheap, as investors pay only 67 cents for each dollar of sales [6] Group 5: Additional Investment Opportunities - Besides PSFE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [8]

Investors with an interest in Financial Transaction Services stocks have likely encountered both Paysafe Limited (PSFE) and Nuvei Corporation (NVEI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets c ...

Paysafe Limited (PSFE) closed the last trading session at $18.50, gaining 27.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $24.24 indicates a 31% upside potential. The average comprises seven short-term price targets ranging from a low of $16 to a high of $64, with a standard deviation of $17.60. While the lowest estimate indicates a decline of 13.5% from the current price lev ...

Paysafe's recent Q1 report arrived with reassuring results. Paysafe (PSFE 20.23%) stock soared Tuesday following the release of the company's first-quarter results. The payment technologies specialist's share price closed out the daily session up 20.2%, according to data from S&P Global Market Intelligence. Paysafe published its Q1 results after the market closed on Monday, posting sales and earnings for the period that beat Wall Street's expectations. The business recorded non-GAAP (adjusted) earnings per ...

Paysafe Limited (NYSE:PSFE) Q1 2024 Earnings Conference Call May 13, 2024 4:30 PM ET Company Participants Kirsten Nielsen - Senior Vice President, Investor Relations Bruce Lowthers - Chief Executive Officer and Executive Director Alex Gersh - Chief Financial Officer Conference Call Participants David Togut - Evercore ISI Dan Perlin - RBC Capital Markets Aditya Buddhavarapu - Bank of America Securities Paul Obrecht - Wolfe Research Spencer James - Jefferies Timothy Chiodo - UBS Andrew Harte - BTIG Operator H ...

Over the last four quarters, the company has surpassed consensus EPS estimates three times. Paysafe Limited, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $417.74 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 2.49%. This compares to year-ago revenues of $387.85 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the ...

Forward-looking statements and non-GAAP financial measures Trademarks May 13, 2024 This presentation and today's webcast include "forward-looking statements" within the meaning of U.S. federal securities laws. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Paysafe Limited's ("Paysafe," "PSFE," the "Company", "w ...

[Q1 2024 Financial & Operational Highlights](index=1&type=section&id=First%20Quarter%202024%20Financial%20Highlights) Paysafe reported an 8% revenue increase to **$417.7 million**, achieving a net income of **$3.1 million** and reducing net leverage to **4.9x**, alongside key operational advancements Q1 2024 Key Financial Metrics (vs. Q1 2023) | Metric | Q1 2024 | Change (YoY) | | :--- | :--- | :--- | | Revenue | $417.7 million | +8% | | Total Payment Volume | $36.1 billion | +7% | | Net Income | $3.1 million | N/A (from loss) | | Diluted EPS | $0.05 | N/A (from -$0.06) | | Adjusted EBITDA | $111.9 million | +4% | | Adjusted Diluted EPS | $0.57 | +5.6% | - Net leverage decreased to **4.9x** as of March 31, 2024, down from **5.0x** at the end of 2023, indicating progress in deleveraging[5](index=5&type=chunk) - Strategic and operational progress in Q1 2024 includes expanding sales team, repurchasing **$14 million** of common shares, partnering with Xsolla, launching Pay by Bank for U.S. iGaming, and completing network tokenization offering[5](index=5&type=chunk) [Q1 2024 Consolidated Financial Results](index=2&type=section&id=First%20Quarter%20of%202024%20Summary%20of%20Consolidated%20Results) Total revenue grew 8% to **$417.7 million**, driven by both segments, resulting in a net income of **$3.1 million** and a significant increase in operating cash flow Q1 2024 Consolidated Results Summary (in thousands) | Metric | Q1 2024 | Q1 2023 | Change | | :--- | :--- | :--- | :--- | | Revenue | $417,738 | $387,849 | +8% | | Gross Profit (excl. D&A) | $247,365 | $228,910 | +8% | | Net Income / (Loss) | $3,056 | $(3,808) | N/A | | Adjusted EBITDA | $111,916 | $107,815 | +4% | - Revenue growth was driven by an **11%** increase in Merchant Solutions and a **5%** increase in Digital Wallets[6](index=6&type=chunk) - The shift from a net loss to net income was primarily due to an increase in other income and a decrease in interest expense, which offset higher depreciation, amortization, and tax expenses[7](index=7&type=chunk) - Operating cash flow significantly increased to **$58.8 million** from **$20.0 million** in the prior year, mainly driven by lower taxes paid and the timing of bonus payments[10](index=10&type=chunk) [Segment Performance](index=3&type=section&id=Summary%20of%20Segment%20Results) Merchant Solutions revenue grew **11%** to **$231.4 million** with a **6%** EBITDA decline, while Digital Wallets saw **5%** growth in both revenue and EBITDA Q1 2024 Segment Results (in thousands) | Segment | Revenue | Revenue YoY Change | Adjusted EBITDA | Adjusted EBITDA YoY Change | | :--- | :--- | :--- | :--- | :--- | | Merchant Solutions | $231,398 | +11% | $49,178 | -6% | | Digital Wallets | $190,457 | +5% | $83,274 | +5% | - The decline in Merchant Solutions' Adjusted EBITDA occurred despite strong revenue growth, while Digital Wallets showed balanced growth in both top-line revenue and profitability[15](index=15&type=chunk) [Full Year 2024 Financial Guidance](index=3&type=section&id=Full%20Year%202024%20Financial%20Guidance) Paysafe reaffirmed its full-year 2024 guidance, projecting revenue between **$1,688 million** and **$1,712 million**, and Adjusted EBITDA from **$473 million** to **$488 million** Full Year 2024 Guidance (in millions) | Metric | Full Year 2024 Range | | :--- | :--- | | Revenue | $1,688 - $1,712 | | Adjusted EBITDA | $473 - $488 | [Balance Sheet and Cash Flow](index=2&type=section&id=Balance%20Sheet%20and%20Cash%20Flow) As of March 31, 2024, Paysafe held **$202.1 million** cash, reduced total debt to **$2.5 billion**, and generated strong operating cash flow of **$58.8 million** Balance Sheet Summary (as of March 31, 2024) | Metric | Amount (in millions) | | :--- | :--- | | Cash and cash equivalents | $202.1 | | Total debt | $2,457.4 | | Net debt | $2,255.3 | - Total debt decreased by **$44.5 million** compared to December 31, 2023, reflecting net repayments and favorable foreign exchange rate movements[11](index=11&type=chunk) Q1 Cash Flow Summary (in millions) | Metric | Q1 2024 | Q1 2023 | | :--- | :--- | :--- | | Operating Cash Flow | $58.8 | $20.0 | | Unlevered Free Cash Flow | $69.2 | $42.2 | [Corporate Updates](index=2&type=section&id=Corporate%20Updates) Paysafe published its inaugural Sustainability Report, outlining a new strategy based on four pillars: trusted technology, engaged employees, thriving society, and responsible business principles - The company published its inaugural Sustainability Report, demonstrating its commitment to acting as a responsible fintech company[12](index=12&type=chunk) - The sustainability strategy is built on four pillars: Trusted technology, Engaged employees, Thriving society, and Responsible business practices[16](index=16&type=chunk) [Financial Statements and Non-GAAP Reconciliations](index=6&type=section&id=Financial%20Statements%20and%20Non-GAAP%20Reconciliations) This section provides detailed unaudited financial statements for Q1 2024, including Statements of Operations, Balance Sheets, and Cash Flows, along with reconciliations for key non-GAAP measures [Condensed Consolidated Statements of Operations](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Q1 2024 revenue reached **$417.7 million**, with operating income of **$33.0 million**, resulting in a net income of **$3.1 million** or **$0.05** per diluted share Q1 2024 Statement of Operations Highlights (in thousands) | Line Item | Q1 2024 | Q1 2023 | | :--- | :--- | :--- | | Revenue | $417,738 | $387,849 | | Operating income | $32,965 | $34,980 | | Income before taxes | $10,355 | $71 | | Net income / (loss) | $3,056 | $(3,808) | | Diluted EPS | $0.05 | $(0.06) | [Condensed Consolidated Balance Sheets](index=7&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of March 31, 2024, total assets were **$5.05 billion**, total liabilities **$4.18 billion**, and total shareholders' equity **$873.9 million** Balance Sheet Summary (in thousands) | Line Item | March 31, 2024 | December 31, 2023 | | :--- | :--- | :--- | | Total current assets | $1,792,093 | $1,906,493 | | Total assets | $5,054,153 | $5,227,701 | | Total current liabilities | $1,596,050 | $1,712,668 | | Total liabilities | $4,180,247 | $4,344,388 | | Total shareholders' equity | $873,906 | $883,313 | [Condensed Consolidated Statements of Cash Flow](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flow) Q1 2024 saw **$58.8 million** net cash from operating activities, **$13.8 million** used in investing, and **$142.4 million** used in financing, leading to an overall cash decrease Q1 2024 Cash Flow Summary (in thousands) | Cash Flow Activity | Q1 2024 | Q1 2023 | | :--- | :--- | :--- | | Net cash from operating activities | $58,835 | $20,014 | | Net cash used in investing activities | $(13,825) | $(32,543) | | Net cash used in financing activities | $(142,376) | $(194,558) | [Non-GAAP Reconciliations](index=12&type=section&id=Non-GAAP%20Reconciliations) This section details reconciliations of GAAP net income of **$3.1 million** to Adjusted EBITDA of **$111.9 million**, Adjusted Net Income of **$35.3 million**, and operating cash flow to Unlevered Free Cash Flow of **$69.2 million** Reconciliation of Net Income to Adjusted EBITDA (Q1 2024, in thousands) | Line Item | Amount | | :--- | :--- | | Net income | $3,056 | | Adjustments (Taxes, Interest, D&A, etc.) | $108,860 | | **Adjusted EBITDA** | **$111,916** | Reconciliation of Net Income to Adjusted Net Income (Q1 2024, in thousands) | Line Item | Amount | | :--- | :--- | | Net income | $3,056 | | Adjustments (Amortization, SBC, Tax items, etc.) | $32,250 | | **Adjusted net income** | **$35,306** | Reconciliation of Operating Cash Flow to Unlevered Free Cash Flow (Q1 2024, in thousands) | Line Item | Amount | | :--- | :--- | | Net cash inflows from operating activities | $58,835 | | Capital expenditure | $(24,425) | | Cash paid for interest | $31,331 | | Payments for Restructuring | $3,453 | | **Unlevered Free Cash Flow** | **$69,194** |

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 19 ...