Paysafe (PSFE) - 2023 Q3 - Quarterly Report

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 ...