$PSFE - Paysafe Q2 ER : meets guidance, beats analyst consensus on revenue, announces new acquisitio...

$PSFE Paysafe Q2 ER : meets guidance, beats analyst consensus on revenue, announces new acquisition Paysafe Q2 ER : Met all guidance, hitting top of range in revenue and EBIDTA Reaffirmed all forward guidance Revenue beat analyst consensus Reported positive earnings Revenue grew in all segments 41% Volume growth US volume up 68% Expecting 2021 volume to be $130-140 billion, up significantly from $105 billion guidance 13% YoY Revenue growth. Significant improvement from last Q: Would have been 23% excluding unwinding direct marketing and PayLater divestiture. Refinanced all existing debt Acquiring two companies SafetyPay and PagoEfectivo to establish strategic foothold in Latin America with presence in 19 markets and 90% of banks. New Acquisitions bring their eCash business up to a million distribution points in 60 countries. Expecting Q4 ramp up - seeing strong pipeline growth in international E-commerce New $1 Billion sports betting market opening in Canada where Paysafe is market leader

back
scot-tagscot-icon

Scouted Idea

We scour the net for great ideas, so you don't have to

Original Post

portfolio-reddit logo

greensymbiote

Aug 16, 2021

-8.35%

Change % Since Posting

8.93

Price When Posted

-0.75

Change Since Posting

PSFE

Paysafe Limited - Class A

8.18

0.00
0.00%
Current Price

Is this your Reddit account?

Claim this username to collect earnings from this post, and the portfolio!

portfolio reddit logoportfolio utradea logo

$PSFE - Paysafe Q2 ER : meets guidance, beats analyst consensus on revenue, announces new acquisitio...

bullish

$PSFE Paysafe Q2 ER : meets guidance, beats analyst consensus on revenue, announces new acquisition

Paysafe Q2 ER :

  • Met all guidance, hitting top of range in revenue and EBIDTA
  • Reaffirmed all forward guidance
  • Revenue beat analyst consensus
  • Reported positive earnings
  • Revenue grew in all segments
  • 41% Volume growth
  • US volume up 68%
  • Expecting 2021 volume to be $130-140 billion, up significantly from $105 billion guidance
  • 13% YoY Revenue growth.
  • Significant improvement from last Q: Would have been 23% excluding unwinding direct marketing and PayLater divestiture.
  • Refinanced all existing debt
  • Acquiring two companies SafetyPay and PagoEfectivo to establish strategic foothold in Latin America with presence in 19 markets and 90% of banks.
  • New Acquisitions bring their eCash business up to a million distribution points in 60 countries.
  • Expecting Q4 ramp up - seeing strong pipeline growth in international E-commerce
  • New $1 Billion sports betting market opening in Canada where Paysafe is market leader
Comments

Write your comment....

Sign in to comment

read-time
1 min

14.00

Target Price

8/ 10

Confidence

6-12 Months

Timeframe
catalyst icon
Earnings Release
catalyst icon
News
catalyst icon
SEC Filing
catalyst icon
Sentiment
catalyst icon
Other Catalyst

PSFE Channel

Start new chat
next