Paysafe Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook
Paysafe Limited Common Shares (PSFE)
Company Research
Source: Business Wire
LONDON--(BUSINESS WIRE)--Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE), a leading payments platform, today announced its financial results for the fourth quarter and full year of 2023.Fourth Quarter 2023 Financial Highlights(Metrics compared to fourth quarter of 2022)Revenue of $414.5 million, increased 8%; increased 6% on a constant currency basisTotal Payment Volume of $35.8 billion1, increased 8%Net loss attributable to the Company of $12.1 million, or ($0.20) per diluted share, compared to $33.7 million, or ($0.56) per diluted shareAdjusted net income of $40.9 million, or $0.66 per diluted share, compared to $33.1 million, or $0.54 per diluted shareAdjusted EBITDA of $121.7 million, increased 13%; increased 11% on a constant currency basisNet leverage2 decreased to 5.0x as of December 31, 2023, compared to 5.8x as of December 31, 2022Full Year 2023 Financial Highlights(Metrics compared to full year 2022)Revenue of $1,601.1 million, increased 7%; increased 6% on a c
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PSFE
News
- Analysts Estimate Paysafe Limited (PSFE) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
- Paysafe Limited (NYSE:PSFE) About To Shift From Loss To Profit [Yahoo! Finance]Yahoo! Finance
- Paysafe strengthens US iGaming solution with Pay by Bank launch [Yahoo! Finance]Yahoo! Finance
- Paysafe strengthens US iGaming solution with Pay by Bank launchBusiness Wire
- Paysafe to Release First Quarter 2024 Earnings Results on May 13 [Yahoo! Finance]Yahoo! Finance
PSFE
Earnings
- 3/7/24 - Miss
PSFE
Sec Filings
- 4/12/24 - Form 6-K
- 3/20/24 - Form IRANNOTICE
- 3/20/24 - Form 20-F
- PSFE's page on the SEC website