Shift4 Payments — Aug 8, 2024 release
Fiscal 2024 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001794669-24-000023
Showing in the filing
Blended spread
“61bps”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 5
Revel EBITDA contribution for FY2024
“~$15 million of EBITDA”
Blended spread for FY2024
“61bps”
Restaurants and hotels added in Europe and C… for FY2024
“over 10,000”
Organic revenue growth for FY2024
“well north of 25% YoY”
Adjusted Free Cash Flow for FY2024
“59%+ Adj. FCF Conversion”
Exhibit 99.1 · the passage around this item
… earlier in the release
Moving up market with industry leading volume growth while improving overall unit economics Executing on Our Strategic Objectives 7 7 E2E Volumes and Blended Spreads by Quarter Move Up Market Average size of merchant based on volume is +183% of 2022 levels. Contracted Volume BacklogBlended Spreads by Vertical TBU: data in progress ~$25Bn ~$25Bn Anticipated full year blended spread of 61bps in 2024
Shift4 continues to gain market share in restaurants, winning new restaurants every day 8 Intended Message: The rollout of SkyTab is accelerating, recent promotions are resonating with merchants who increasingly sensitive to cost • Highlight restaurants posted on Twitter/X and highlight ~5 operational sites in the UK (call this out) • NO location count updates • Provide commentary regarding consistent production, or accelerated production, something to provide confidence on our growth in USA and now UK/ Europe • Consider including some of the restaurant betas that Rohan is working in Canada? Restaurant Update [ADD?]: 2024 Goal: install over 30,000 SKyTab POS systems domestically Search "Shift4" on X (f.k.a. Twitter) to see dozens of installs every day! to include: Xperience XRG Alpaca Chicken Stanford Hotels F&B Angie's Lobster Casa Cipriani Club*** Il Gabbiano Shuckin Shack Oyster Bar Group Tlaquepaque Restaurants Columbia Restaurants (renewal)
Continuing to expand market share in hospitality vertical Hospitality Update 9 9 Continuing to expand arket share in hospitality vertical Denotes Gateway Conversion★ Shift4 will power payments for mu
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.