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
Adjusted Free Cash Flow
“59%+ Adj. FCF Conversion”
Period
FY2024
Measure
Company-defined measure
Source
Guidance table
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
Breaking Down Our 2024 Guidance by Quarter We are updating quarterly guidance for the balance of the year 2 2 22 Intended Message: Adjusted for contribution from Finaro/Appetize, we're looking at 31% YoY GRLNF growth in Q4 Full Year Adjusted Free Cash Flow 59%+ Adj. FCF Conversion End-to-End Payment Volume $45.0 B $47.0 B TO Q3 2024 $48.5 B $51.5 B TO Q4 2024 $167 Billion $172 Billion TO FY 2024 +53% YoY +58% YoY Gross Revenue Less Network Fees $1.35 Billion $1.38 Billion TO FY 2024 +44% YoY +47% YoY Adjusted EBITDA $662 Million $689 Million TO FY 2024 +44% YoY +50% YoY $365 M $380 M TO Q3 2024 $395 M $415 M TO Q4 2024 $181 M $188 M TO Q3 2024 $197 M $216 M TO Q4 2024 format fix + change to #s from Nancy continuing with quarterly guidance is smart. I know it was a judgement call last quarter, and just because something may have worked then doesn’t mean it will now. What it does do is ensure the analyst estimates are closer to ours, and improves our chance for a beat. I wouldn’t want to take a chance that analysts partition the second half estimates the same way we would
EBITDA Bridge ($'s in Billions) EBITDA Guidance Update Bridge Breaking down the updates to the midpoint of our revised EBITDA guide 2 3 23 Excluding acquisitions, the midpoint of our full year guidance was raised to reflect Q2 outperformance
Appendix - Financial Information 24
Second Quarter of 2024 Condensed Consolidated Balance Sheets UNAUDIT
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.