Paysafe Limited (NYSE:PSFE) Q4 2023 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Bruce Lowthers - Chief Executive Officer Alex Gersh - Chief Financial Officer Kirsten Nielsen - Senior Vice President, Investor Relations Conference Call Participants Dan Perlin - RBC Capital Markets David Togut - Evercore ISI Scott Wurtzel - Wolfe Research Andrew Harte - BTIG Timothy Chiodo - UBS Jamie Friedman - SIG Operator Greetings. Welcome to the Paysafe fourth quarter 2023 earnings call. At t ...

Improved execution with stronger core business to leverage our assets $millions assumptions for Adj. EPS Statement regarding non-GAAP financial measures Reconciliation of GAAP net income (loss) to Adj. net income 20 Other operating Income Three Months Ended December 31, Three months ended (1) During the fourth quarter of 2023, the Company elected to change its presentation of "Settlement receivables, net" and "Funds payable due to customers" from operating activities, to present them as financing activities ...

Exhibit 99.1 Bruce Lowthers, CEO of Paysafe, commented: "We closed out 2023 strong with 8% revenue growth in Q4 and full year growth of 7%, reflecting our best year since coming public. We have undergone significant operating changes during this past year which has allowed us to deliver on the commitments that we set last March, driving revenue growth, Adjusted EBITDA expansion and a reduction in our net debt leverage ratio. Our team is excited about the opportunities ahead, and we look forward to building ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1): Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2023 (Commission File No. 001-40302) PAYS ...

Paysafe Limited (NYSE:PSFE) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Bruce Lowthers - Chief Executive Officer Alex Gersh - Chief Financial Officer Kirsten Nielsen - Senior Vice President, Investor Relations Conference Call Participants David Togut - Evercore ISI Scott Wurtzel - Wolfe Research Jamie Friedman - Susquehanna Tim Chiodo - UBS Aditya Buddhavarapu - Bank of America Operator Hello and welcome to the Paysafe Q3 2023 earnings conference call and webcast. If ...

Free cash flow is defined as net cash flows provided by/used in operating activities, adjusted for the impact of capital expenditure, payments relating to restructuring and other costs, cash paid for interest and movements in customer accounts and other restricted cash. Capital expenditure includes purchases of property plant & equipment and purchases of other intangible assets, including software development costs. Capital expenditure does not include purchases of merchant portfolios. Free cash flow conver ...

Summary Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 0.9m 0.9m 0.9m 0.9m 0.9m $55.1 $55.8 Q2 2022 Q2 2023 25.9% margin 24.7% margin +7% +6% +1% % total • Est. year-end net leverage 5.1x to 5.3x Note: Volume amounts exclude embedded wallet-related volumes. Note: Gross Profit calculated as revenue, less cost of services and depreciation and amortization. Gross profit is not presented within the Company's consolidated financial statements. 13 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------- ...

Financial Data and Key Metrics - Q2 revenue increased 6% YoY to $402 million, with 5% growth on a constant currency basis [9] - Digital Wallet segment revenue grew 6% YoY to $179.1 million, with adjusted EBITDA increasing 11% YoY to $77.2 million [10] - Merchant Solutions segment revenue increased 6% YoY to $225.7 million, with adjusted EBITDA up 1% to $55.8 million [13] - Total adjusted EBITDA for Q2 was $113 million, a 10% YoY increase, with a margin of 28.1%, up 90 basis points [60] - Free cash flow in Q2 was $95 million, reflecting 84% conversion of adjusted EBITDA [54] Business Line Data and Key Metrics - Digital Wallet segment portal volume increased 6% YoY to $5.4 billion, driven by user experience improvements and product innovation [10] - Merchant Solutions segment volume grew 7% YoY to $30.3 billion, supported by strong growth in the e-commerce pipeline and direct sales channel [13] - Classic digital wallets saw stabilization with 900,000 three-month active users and 12% constant currency revenue growth [4] Market Data and Key Metrics - North American iGaming showed strong growth, with high-teens growth in e-commerce led by iGaming [9] - Latin America attracted strong interest with regional payment methods like Pix in Brazil and MB Way in Portugal [12][39] - Canada enabled Interac e-transfer payment capability with clients like Bally's and Canadian lotteries [12] Company Strategy and Industry Competition - Focus on sales transformation, customer experience, and product innovation to drive growth in strategic verticals like Gaming, Digital Assets, Travel, and Leisure [25][26] - Expansion of unbranded and co-branded wallet strategies to leverage platforms in verticals like gaming and digital assets [35] - Cross-selling initiatives resulted in nearly 150 wins across the existing client base, compared to minimal cross-selling a year ago [30] Management Commentary on Operating Environment and Future Outlook - Management expects 7% growth in 2023 based on the midpoint of guidance, with resilient end markets providing significant growth opportunities [5] - Full-year 2023 revenue growth outlook raised to 6.5%-7.5%, with adjusted EBITDA margin expansion of over 100 basis points [47] - Confidence in achieving midterm double-digit growth profile, driven by strategic initiatives and market tailwinds [11] Other Important Information - Total debt at the end of Q2 was $2.6 billion, with a leverage ratio of 5.6x, down from 5.8x at the end of 2022 [46] - Network tokenization introduced to enhance security, increase authorization rates, and reduce fraud [36] Q&A Session Summary Question: Headwinds to growth - Headwinds included FX impacts, the war in Russia, and gambling regulations in Europe, but the company has returned to growth while absorbing these impacts [48] Question: Plans to reduce debt - Year-to-date net debt repayments of $91 million, with a target leverage ratio of 5.1x-5.3x by year-end and a long-term goal of 3.5x [76] Question: Active user growth in Digital Wallet - Focus on stabilizing the platform and improving functionality before expanding the user base, with mechanisms in place to drive user growth [84] Question: Merchant Solutions gross profit growth - Q2 gross profit impacted by business mix, with strong growth in the e-commerce business expected to balance margins over time [32][87] Question: Direct channel growth - Direct channel growth in the mid-single digits, with optimism for future progress as sales transformation takes effect [83] Question: Mid-term growth trajectory - The company is ahead of expectations from a year ago, with confidence in achieving double-digit growth in the mid-term [81]

Exhibit 99.1 PAYSAFE REPORTS SECOND QUARTER 2023 RESULTS; RAISES FULL YEAR OUTLOOK London, UK – August 15, 2023 – Paysafe Limited ("Paysafe" or the "Company") (NYSE: PSFE), a leading payments platform, today announced its financial results for the second quarter of 2023. 2. Paysafe defines net leverage as the calculation of net debt (total debt less cash and cash equivalents) divided by the sum of the last twelve months (LTM) of Adjusted EBITDA. For the period ending June 30, 2023, total debt was $2,575.8 m ...

Paysafe Limited (NYSE:PSFE) Q1 2023 Earnings Conference Call May 16, 2023 8:30 AM ET Company Participants Kirsten Nielsen - Head, IR Bruce Lowthers - CEO and Executive Director Alex Gersh - CFO Conference Call Participants James Friedman - Susquehanna Financial Group Timothy Chiodo - Crédit Suisse Aditya Buddhavarapu - Bank of America Operator Hello and welcome to the Paysafe Q1 2023 Earnings Conference Call and Webcast. [Operator Instructions]. A question-and-answer session will follow the formal presentat ...