Shift4 Payments (FOUR) Falls to 2-Year Low as Profits Plunge 65%

Core Viewpoint - Shift4 Payments Inc. (NYSE:FOUR) has experienced a significant decline in profitability, with a 65% drop in attributable profits last year, leading to a two-year low in stock price [1][7]. Financial Performance - The net income attributable to shareholders fell to $79 million in 2024 from $230 million in 2023, despite a 25% increase in gross revenues to $4.18 billion from $3.33 billion [2]. - In Q4, net profit attributable to shareholders decreased by 78% to $25 million from $116 million, while gross revenues rose by 34% to $1.189 billion from $887 million [3]. Future Projections - Shift4 Payments is targeting gross revenue growth of 26% to 31% for the full year 2026, aiming for a range of $2.5 billion to $2.6 billion, with adjusted EBITDA projected at $1.165 billion to $1.215 billion, indicating a year-on-year growth of 20% to 25% [4]. - For the first quarter, gross revenues are expected to reach $548 million, with adjusted EBITDA targeted at $233 million, reflecting a growth of 38% year-on-year [4].