Financial Performance - Q3 2024 revenue reached $79.1 million, a 6% year-over-year increase[2] - Gross profit for Q3 2024 was $61.6 million, reflecting a 9% growth compared to the previous year[2] - Adjusted EBITDA for Q3 2024 was $35.1 million, representing a 10% increase year-over-year[2] - Free Cash Flow for Q3 2024 surged to $48.8 million, a 250% increase compared to the same quarter last year[2] - Revenue for the three months ended September 30, 2024, was $79,145,000, representing an increase from $74,320,000 for the same period in 2023, a growth of 10.3%[20] - Net income for the three months ended September 30, 2024, was $3,215,000, compared to a net loss of $6,484,000 for the same period in 2023, indicating a significant turnaround[20] - Revenue for the nine months ended September 30, 2024, was $234,771 thousand, an increase of 6.1% compared to $220,640 thousand in 2023[27] - Adjusted EBITDA for the nine months ended September 30, 2024, was $104,340 thousand, up 12% from $93,317 thousand in 2023[27] - The company reported a net loss of $6,387 thousand for the nine months ended September 30, 2024, a substantial improvement from a net loss of $39,746 thousand in 2023[27] Cash Flow and Liquidity - Net cash provided by operating activities for the nine months ended September 30, 2024, was $115,838 thousand, compared to $68,751 thousand in 2023, representing a significant increase of 68.4%[24] - Net cash provided by operating activities for Q3 2024 was $60,058,000, compared to $27,967,000 in Q3 2023, representing a 114% increase[30] - Cash and cash equivalents increased to $168,715,000 as of September 30, 2024, up from $118,096,000 at the end of 2023, reflecting improved liquidity[22] - Cash, cash equivalents, and restricted cash at the end of the period increased to $215,255 thousand from $141,390 thousand in 2023, reflecting a growth of 52.2%[24] - Free cash flow for Q3 2024 was $48,818,000, significantly higher than $13,941,000 in Q3 2023, indicating a conversion rate of 139%[30] Operating Expenses and Profitability - Total operating expenses for the three months ended September 30, 2024, were $79,820,000, slightly higher than $79,439,000 for the same period in 2023[20] - Total operating expenses for the nine months ended September 30, 2024, were $241,371 thousand, a decrease of 4.8% from $253,589 thousand in 2023[27] - Loss from operations for the nine months ended September 30, 2024, was $(6,600,000), a significant improvement from $(32,949,000) in the same period of 2023[29] Client and Network Growth - The company added 13 new credit union clients, bringing the total to 313[5] - The AP supplier network expanded to over 330,000, marking a 42% year-over-year increase[4] - Business Payments gross profit grew by approximately 67% year-over-year, while Consumer Payments gross profit increased by about 2%[4] Debt and Liabilities - Long-term debt increased to $496,214,000 as of September 30, 2024, from $434,166,000 at the end of 2023, indicating a rise in leverage[22] - Total liabilities increased to $794,569,000 as of September 30, 2024, from $689,045,000 at the end of 2023, reflecting higher obligations[22] - The company recorded a gain on extinguishment of debt amounting to $13,136,000 for the three months ended September 30, 2024[20] Strategic Outlook - REPAY updated its 2024 revenue outlook to between $314 million and $320 million[10] - The company aims for a Free Cash Flow Conversion target of approximately 65% for 2024[9] - REPAY's strategy includes organic investments, strategic M&A, and opportunistic share repurchases to drive sustainable growth[3] Share Performance - Weighted-average shares of Class A common stock outstanding - basic were 88,263,285 for the three months ended September 30, 2024, down from 91,160,415 for the same period in 2023[20] - The number of Class A common stock shares outstanding as of September 30, 2024, was 96,259,523, slightly down from 96,778,735 in the same period of 2023[29] - The weighted average shares of Class A common stock outstanding (basic) decreased from 91,160,415 in 2023 to 88,263,285 in 2024[38] - The weighted average shares of Class A common stock outstanding (on an as-converted basis) decreased from 97,052,574 in 2023 to 94,074,811 in 2024[38] Amortization and Intangibles - Amortization of intangibles related to past acquisitions will continue to recur in future periods until fully amortized[36] - Future acquisitions may result in the amortization of additional intangibles[36] - The company emphasizes the importance of understanding the impact of intangibles on revenue generation[36]

Financial Data and Key Metrics Changes - In Q2 2024, the company reported revenue of $74.9 million, a 4% increase year-over-year [14] - Gross profit grew by 7% year-over-year, with adjusted EBITDA increasing by approximately 10% [4][14] - Free cash flow conversion was 57%, representing over 90% growth year-over-year [4][14] Business Line Data and Key Metrics Changes - Consumer Payments segment gross profit grew by 7% in Q2 and 8% in the first half of the year [14] - Business Payments segment gross profit increased by 11% in Q2 and 14% in the first half [14] - The Instant Funding product saw transaction volume rise by approximately 21% year-over-year [9] Market Data and Key Metrics Changes - The company added nine new credit unions in Q2, bringing the total to 300 out of approximately 5,000 in the U.S. [6] - The accounts receivable management vertical is expected to experience multiple years of growth [8] Company Strategy and Development Direction - The company is focused on three main strategic initiatives: go-to-market efficiency, client implementations, and product focus [5] - The company aims to capture new payment flows with expertise across Consumer and Business Payments segments [4] - Capital allocation priorities include investing in organic growth opportunities and being open to strategic M&A [13] Management's Comments on Operating Environment and Future Outlook - Management noted a healthy but moderating consumer environment, with no noticeable differences across sub-verticals [22][24] - The company expects revenue for 2024 to be between $214 million and $220 million, with adjusted EBITDA between $139 million and $142 million [17] - Free cash flow conversion is anticipated to accelerate throughout the year, with a target of approximately 60% for the full year [18] Other Important Information - The company completed a convertible notes offering to address half of its 2026 debt maturities and expanded its revolving credit facility [13][16] - Total pro forma outstanding debt is $507.5 million, with net leverage of approximately 2.7x [16] Q&A Session Summary Question: What is the normalized level for free cash flow conversion? - Management expects sustained mid- to high teens growth in free cash flow conversion, targeting 60% for the year [21] Question: What is the overall health of the consumer today? - The consumer environment is healthy but moderating, with consistent trends observed [22][24] Question: What macro trends are assumed within the guidance? - No major changes to macro assumptions; trends remain consistent with prior periods [27] Question: Any updates on M&A pipeline? - The company has a healthy M&A pipeline and is looking at opportunities across both Consumer and Business Payments [29][30] Question: What is the growth rate in Business Payments excluding media spend? - Business Payments reported 11% growth in Q2, with expectations for high teens growth [34] Question: What is the outlook for Instant Funding growth? - The deceleration in growth is attributed to lapping a large client from the previous year, with expectations for consistent trends moving forward [42] Question: How much incremental revenue is expected from the presidential election? - The company expects about 20% growth off the 2022 cycle, with most contributions coming in the back half of the year [40] Question: What is the outlook for organic gross profit growth? - The company anticipates mid- to high single-digit organic growth trajectory, with opportunities for acceleration in the future [46]

Exhibit 99.2 REPAY Realtime Electronic Payments Q2 2024 Earnings Supplement August 2024 Disclaimer 1 Repay Holdings Corporation ("REPAY" or the "Company") is required to file annual, quarterly and current reports, proxy statements and other information with the Securities and Exchange Commission ("SEC") Such filings, which you may obtain for free at the SEC's website at http://www.sec.gov, discuss some of the important risk factors that may affect REPAY's business, results of operations and financial condit ...

Financial Data and Key Metrics Changes - In Q1 2024, the company reported revenue of $80.7 million, representing a 10% organic growth year-over-year [36] - Adjusted EBITDA for Q1 was $35.5 million, growing 15% year-over-year with margins of 44% [16] - Free cash flow for Q1 was $13.7 million, reflecting over 90% year-over-year growth [47] Business Line Data and Key Metrics Changes - The Consumer Payments segment achieved organic gross profit growth of 11% in Q1 [6][37] - The Business Payments segment saw gross profit growth of 17% year-over-year [10][37] - The company added three partners in the Consumer Payments segment during the quarter [9] Market Data and Key Metrics Changes - The company added 15 new credit union clients in Q1, bringing the total to 291 [28] - The instant funding product experienced a 33% year-over-year increase in transactional volume [30] - The supplier network in Accounts Payable grew to over 279,000 suppliers [31] Company Strategy and Development Direction - The company is focused on three main strategic initiatives: go-to-market efficiency, client implementations, and product focus [5] - There is an emphasis on enhancing software partnerships and developing a healthy sales pipeline [8] - The company aims to reduce overall CapEx spending to accelerate free cash flow conversion throughout 2024 [40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in multiyear growth opportunities driven by software integrations and partnerships [19] - The planning assumptions for 2024 remain consistent, with expectations for revenue between $314 million and $320 million [18] - The company anticipates free cash flow conversion to progress towards a target of approximately 60% for the full year [20] Other Important Information - The company exited Q1 with a strong balance sheet, having approximately $128 million in cash [38] - The company is open to accretive strategic M&A while focusing on organic growth opportunities [35] Q&A Session Summary Question: What drove the adjusted EBITDA margin beat? - Management noted stable SG&A costs and effective cost management led to expanding adjusted EBITDA margins [22] Question: Any updates on exploring strategic alternatives? - Management emphasized their commitment to organic growth and shareholder value, indicating no immediate plans for private equity sponsorship [43] Question: How do you view the growth rates for consumer versus business payments? - Management indicated that consumer payments are expected to grow in the high single-digit to low double-digit range, while business payments are projected to grow in the mid- to high-teens [45] Question: Was the contribution from tax season this year outsized compared to previous years? - Management stated that the contribution was in line with expectations and similar to prior years [98] Question: Any updates on the macroeconomic environment? - Management reported stable trends and no significant changes in the macro environment affecting their outlook [87]

Financial Performance - Revenue for Q1 2024 was $80,720,000, representing a 8.3% increase from $74,537,000 in Q1 2023[13] - Net loss for Q1 2024 was $5,365,000, a significant improvement compared to a net loss of $27,932,000 in Q1 2023[13] - Total revenue for the three months ended March 31, 2024, was $80.72 million, an increase from $74.54 million in the same period of 2023, representing an 8.8% year-over-year growth[33][35] - The net loss attributable to the Company for Q1 2024 was $5.21 million, a decrease from a net loss of $26.39 million in Q1 2023[37] - Total gross profit for Q1 2024 was $61.5 million, compared to $56.6 million in Q1 2023, marking an increase of 8.7%[110] - Adjusted Net Income for the period was $22.38 million, up from $19.19 million in the same period last year, representing a 11.4% increase[136] - Adjusted Net Income per share increased to $0.23, compared to $0.20 in the prior year[136] Segment Performance - Consumer Payments segment revenue for Q1 2024 was $76.14 million, up from $69.94 million in Q1 2023, indicating a growth of 8.8%[33][35] - Business Payments segment revenue for Q1 2024 was $9.68 million, compared to $8.68 million in Q1 2023, reflecting an increase of 11.5%[33][35] - The Consumer Payments segment accounted for approximately 88% of the Company's total revenue for the three months ended March 31, 2024[91] - The Business Payments segment represented approximately 12% of the Company's total revenue for the same period[92] Cash Flow and Liquidity - Cash flows from operating activities provided $24,801,000 in Q1 2024, an increase from $20,831,000 in Q1 2023[19] - Cash and cash equivalents rose to $128,318,000 from $118,096,000, marking an increase of 8.5%[10] - Cash and cash equivalents as of March 31, 2024, totaled $128.3 million, with an available borrowing capacity of $185.0 million under the Amended Credit Agreement[143] - The Company expects cash flow from operations and available borrowing capacity to be sufficient to fund operations and capital expenditures for the next twelve months[143] Expenses and Cost Management - Operating expenses for Q1 2024 totaled $83,224,000, down from $92,501,000 in Q1 2023, a decrease of 10.0%[13] - Selling, general and administrative expenses decreased to $37.0 million in Q1 2024 from $38.5 million in Q1 2023, a reduction of 3.9%[113] - Costs of services rose to $19.2 million in Q1 2024, up from $18.0 million in Q1 2023, an increase of 6.7%[112] - Depreciation and amortization expenses increased to $27.0 million in Q1 2024 from $26.1 million in Q1 2023, a rise of 3.4%[114] Assets and Liabilities - Total current assets increased to $184,029,000 as of March 31, 2024, up from $169,322,000 at the end of 2023, reflecting a 8.7% growth[10] - Total liabilities decreased slightly to $687,422,000 from $689,045,000, indicating a reduction of 0.2%[11] - Total equity as of March 31, 2024, was $829,298,000, slightly down from $830,788,000 at the end of 2023[11] - The estimated fair value of borrowings as of March 31, 2024, was $407.55 million, compared to $375.65 million as of December 31, 2023[49] Shareholder Activities - The Company has $37.5 million remaining under its Share Repurchase Program as of March 31, 2024[145] - During the three months ended March 31, 2024, the company purchased a total of 245,376 shares of Class A common stock at an average price of $9.82 per share[172] - The Share Repurchase Program has no expiration date and may be modified, suspended, or discontinued at the company's discretion[172] Tax and Accounting - The effective tax rate for the three months ended March 31, 2024, was (6%), with an income tax expense of $0.3 million recorded[81] - The Company had deferred tax assets, net of $146.6 million as of March 31, 2024, primarily related to the basis difference in its investment in Hawk Parent[83] - The Company is evaluating the effects of recently issued accounting standards updates on its consolidated financial statements, including ASU 2023-07 and ASU 2023-09[30][31] Other Notable Items - The Company recognized a loss of $9.9 million associated with the sale of Blue Cow Software, LLC in February 2023, which contributed $1.2 million to revenue in Q1 2023[38][39] - The Company incurred transaction expenses of $3.4 million related to the disposition of Blue Cow Software in Q1 2023, included in selling, general, and administrative expenses[40] - The Company recognized total lease costs of $434,000 for the three months ended March 31, 2024, down from $664,000 in the same period of 2023[68] - The Company recognized a total fair value of $7.4 million for vested PSUs, RSAs, and RSUs during the three months ended March 31, 2024[75]

"REPAY's Q1 results represent a strong start to the year, with organic gross profit growth 1 of 11%, demonstrating continued success in enhancing our client's embedded payment flows," said John Morris, CEO of REPAY. "As we continue to strengthen our technical and go-to-market relationships with our software partners, we are excited about the multi-year growth opportunities across our Consumer and Business Payment's verticals." First Quarter 2024 Business Highlights REPAY Reports First Quarter 2024 Financial ...

Financial Data and Key Metrics Changes - In Q4, the company reported normalized organic revenue growth of 14% and gross profit growth of 13%, both metrics exceeding expectations [50][71] - Adjusted net income for Q4 was $26.3 million, or $0.27 per share, with pro forma net leverage at approximately 2.6 times [72] - The company expects revenue for 2024 to be between $314 million and $320 million, with a free cash flow conversion target of approximately 60% [73][80] Business Line Data and Key Metrics Changes - The consumer payments segment saw organic gross profit growth of 13% in Q4, driven by ongoing demand and new client implementations [51][71] - The business payment segment experienced a gross profit increase of 25%, excluding political media impacts from 2022 [55][71] - Value-added services, particularly instant funding, grew significantly with transactions up approximately 45% year-over-year [54][71] Market Data and Key Metrics Changes - The supplier network increased by 60% year-over-year to over 261,000 suppliers, enhancing the monetization of digital payment flows [60][56] - The company added 10 new credit union clients, bringing the total to 276, indicating strong market penetration [53] Company Strategy and Development Direction - The company aims to enhance its embedded payment solutions within software partners and expand its sales pipeline through new partnerships [49][67] - Strategic initiatives for 2024 include improving go-to-market efficiency, client implementations, and evolving the tech platform [66][68] - The company is focused on organic growth while remaining open to strategic M&A opportunities [69] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential driven by existing clients adopting more payment capabilities and new client acquisitions [50][74] - The outlook for 2024 includes expectations for mid to high teens growth in the underlying business payments segment, excluding political media contributions [89] Other Important Information - The company has a total outstanding debt of $440 million, with a 0% coupon convertible note maturing in February 2026 [79] - The company utilized its share repurchase program to buy back shares in a disciplined manner, with $37.5 million remaining under the current authorization [79] Q&A Session Summary Question: What are the biggest levers for improving free cash flow conversion this year? - The biggest drivers include adjusted EBITDA growing faster than gross profits and reducing CapEx to around 13% to 14% of revenue [85][86] Question: Can you comment on expectations for revenue growth related to political media spend? - The company expects strong growth in political media contributions, estimating a 20% increase from the previous cycle [89] Question: How is the existing client growth bucket defined? - Existing client growth is driven by increased penetration of existing clients and includes clients signed in prior periods that are ramping [93][94]

$57.8 $58.7 Q4 2022 Q4 2023 80% 77% % Margin (5) 13% y/y organic growth, excl. political media (1) Revenue Gross Profit Adjusted EBITDA (2) $35.9 $33.5 Q4 2022 Q4 2023 (3) Growth by Segment – Q4 2023 ($MM) Business Payments 25% 1) Organic growth, excluding political media is a non-GAAP financial measure. See slide 1 under "Non-GAAP Financial Measures" and slide 32 for reconciliation 2) Includes the impact from Intercompany eliminations REPAY's Unique Model Translates Into a Highly Attractive Financial Profi ...

Financial Performance - The company processed approximately $25.7 billion in total card payment volume in 2023, with top 10 clients contributing about 18% of total gross profit[25]. - The Consumer Payments segment represented approximately 87% of total revenue for the year ended December 31, 2023, while the Business Payments segment accounted for approximately 13%[29][30]. - The chargeback rate for the year ended December 31, 2023, was under 1% of the payment volume[47]. - Revenue is sensitive to shifts in payment methods, with higher fees associated with card-based payments compared to ACH payments[122]. - The company faces potential liability for chargebacks associated with fraudulent transactions, which could adversely affect financial performance[134]. Business Strategy and Growth - The company aims to increase penetration in existing verticals by providing innovative payment solutions and support to both existing and new clients[31]. - The company plans to expand into new verticals where it currently has limited operations, leveraging its comprehensive core technology platform[32]. - A significant part of the company's growth strategy involves acquisitions of vertically-focused integrated payment and software solutions providers[158]. - The company has successfully acquired eleven businesses from January 1, 2016, through December 31, 2023, while focusing primarily on organic growth[35]. - The company has completed eleven acquisitions from January 1, 2016, to December 31, 2023, to access new markets and expand its product offerings[59]. Technology and Innovation - The company intends to strengthen its solution portfolio through continued innovation and investment in technology capabilities, including its proprietary RCS platform[33]. - The company emphasizes operational efficiencies to process larger payment volumes without significant increases in personnel and operating expenses[34]. - The company has developed a proprietary Compliance Management System to enhance risk management and ensure adherence to regulations[42]. - The electronic payments market is rapidly evolving, and failure to keep pace with technological changes could result in reduced revenue[115]. - The company relies on a combination of intellectual property laws to protect its proprietary technology, which is critical for success in strategic verticals[153]. Compliance and Regulatory Environment - The Dodd-Frank Act has resulted in significant changes to the regulation of the financial services industry, impacting debit interchange transaction fees and merchant routing restrictions[72]. - The company is subject to extensive governmental regulations regarding consumer information, which could impact its ability to provide products and services effectively[181]. - Compliance with payment network rules is critical; failure to do so could result in fines or suspension of processing capabilities[123]. - The regulatory environment for the electronic payments industry is evolving, and compliance with new laws and regulations could increase operational costs and affect competitiveness[166]. - The company has developed compliance programs to address legal and regulatory requirements related to anti-money laundering and counter-terrorism[78]. Competition and Market Position - The company competes with various payment processing companies, including traditional merchant acquirers and technology firms, focusing on economics, product offerings, service, and reliability[55]. - The payment processing industry is highly competitive, impacting the fees received and overall margins[105]. - The company faces significant competition from larger firms with greater financial and technological resources, which may limit pricing power and profit margins[106]. - The company depends on software integration partners for client acquisition, and these partners may also work with competitors[130]. Employee and Organizational Culture - As of December 31, 2023, the company employed approximately 512 full-time employees across the U.S.[92]. - In 2023, 83% of employees indicated that the company is a great place to work, contributing to its certification as a Great Place to Work® for seven consecutive years[94][95]. - The company emphasizes employee development and retention, with initiatives for career progression and performance-based recognition[96][97]. - The company offers a comprehensive benefits package, including 100% coverage of employee healthcare premiums and a generous 401(k) employer match[100]. Financial Obligations and Risks - The company's ability to service its debt obligations depends on future performance, which is subject to various external factors[187]. - The company may incur future debt obligations that could impose additional restrictive covenants, affecting its financial and operational flexibility[189]. - The conditional conversion feature of the 2026 Notes could adversely affect the company's liquidity if triggered[193]. - The company is dependent on distributions from its subsidiaries to meet financial obligations, which could be limited by various factors[195]. - Economic conditions, including inflation and recession concerns, create challenges in accurately forecasting future business activities[149]. Cybersecurity and Risk Management - The company emphasizes robust cybersecurity programs to mitigate risks and safeguard sensitive data, guided by regulatory requirements[220]. - Cybersecurity breaches could lead to significant financial losses and damage to the company's reputation, increasing operational costs[110]. - The company has a dedicated team for continuous monitoring and security incident response, ensuring compliance with industry security standards[48]. - The company has established systems to detect and reduce business fraud, but effectiveness may vary, and incidents of fraud could increase[136]. Corporate Governance and Shareholder Matters - The board of directors will determine the use of excess cash accumulated from distributions, which may include acquiring additional units or funding stock repurchases[198]. - The board of directors has the authority to issue preferred stock without stockholder approval, which could dilute ownership for hostile acquirers[216]. - Delaware law and the company's governing documents contain provisions that could delay or discourage takeover attempts, potentially affecting the trading price of Class A common stock[214]. - Stockholder actions require a meeting, which may delay proposals or director removals[216].

Financial Performance - Gross profit growth of 2% in Q4 2023 and 6% for the full year 2023[1] - Normalized organic gross profit growth of 13% in Q4 2023 and for the full year 2023[1] - Total revenue increased by 5% year-over-year to $76.0 million in Q4 2023[2] - Revenue for the year ended December 31, 2023, was $296.627 million, an increase of 6.1% from $279.227 million in 2022[25] - Revenue for Q4 2023 was $75,987,000, an increase of 5% compared to $72,673,000 in Q4 2022[30] - For the full year 2023, revenue increased to $296,627,000 from $279,227,000 in 2022, representing a growth of 6.1%[31] - Organic revenue growth for Q4 2023 was 10%, after adjusting for growth from acquisitions and dispositions[36] - Normalized organic revenue growth for Q4 2023 was 14%, indicating strong underlying performance[36] Profitability and Loss - Net loss for Q4 2023 was $77.7 million, impacted by a $75.7 million goodwill impairment loss[3] - Net loss attributable to the Company for the year ended December 31, 2023, was $110.490 million, compared to a net income of $12.836 million in 2022[25] - The company reported a net loss of $117,420,000 for the year ended December 31, 2023, compared to a net income of $8,741,000 in 2022[33] - The Company experienced a loss from operations of $111.413 million for the year ended December 31, 2023, compared to a loss of $47.201 million in 2022[25] - Adjusted EBITDA for Q4 2023 was $33,489,000, compared to $35,882,000 in Q4 2022, reflecting a decrease of 6.7%[30] - Free cash flow for Q4 2023 was $21,787,000, an increase from $13,895,000 in Q4 2022, with a free cash flow conversion rate of 65%[35] - Adjusted Net Income for the year 2023 was $84,942,000, compared to $79,786,000 in 2022, reflecting a year-over-year increase of 6.8%[33] Expenses and Liabilities - Total operating expenses for the year ended December 31, 2023, were $408.040 million, up from $326.428 million in 2022, reflecting a 24.9% increase[25] - Total operating expenses for Q4 2023 were $154,401,000, up from $90,967,000 in Q4 2022, resulting in a loss from operations of $78,414,000[30] - The Company’s total liabilities decreased slightly to $689.045 million as of December 31, 2023, from $698.507 million in 2022[27] Cash Flow and Assets - Cash and cash equivalents as of December 31, 2023, were $118.096 million, compared to $64.895 million as of December 31, 2022, representing an increase of 82.0%[27] - The Company reported a net cash provided by operating activities of $103.614 million for the year ended December 31, 2023, compared to $74.223 million in 2022, an increase of 39.7%[29] - Total assets decreased to $1.519 billion as of December 31, 2023, from $1.627 billion in 2022, a decline of 6.6%[27] Segment Performance - Consumer Payments segment achieved organic gross profit growth of approximately 13% year-over-year[6] - Business Payments segment experienced normalized organic gross profit growth of approximately 25% year-over-year[6] - The company experienced a non-cash goodwill impairment loss in the Business Payments segment for Q4 2023[38] Future Outlook - The company expects 2024 revenue to be between $314 million and $320 million[15] - Free Cash Flow Conversion is expected to improve to approximately 60% in 2024[15] - The company plans to continue focusing on operational improvements and restructuring activities related to acquired businesses[38] Shareholder Information - The weighted-average shares of Class A common stock outstanding were 90,048,638 for the year ended December 31, 2023, compared to 88,792,453 in 2022[25] - Weighted average shares of Class A common stock outstanding increased to 91,206,870 for Q4 2023, compared to 88,519,236 in Q4 2022[40]