HighGravityData

Shift4 Payments — Nov 12, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001794669-24-000031
Open on SEC.gov ↗
Showing in the filing
SkyTab installs
“exceed 35,000”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Organic GRLNF growth for FY2024
“exceeding 25%”
SkyTab installs for FY2024
“exceed 35,000”
Anticipated full year blended spread for FY2024
“61bps”
BetMGM sportsbook locations live for FY2024
“all 24”
Adjusted FCF conversion for FY2024
“+58%”
Adjusted Free Cash Flow Conversion for FY2024
“58%+ Adj. FCF Conversion”
Exhibit 99.1 · the passage around this item
… earlier in the release
• The sports, entertainment, and ticketing wins keep piling up including over ten stadiums this quarter. • Continued our impressive growth with SkyTab, with over 55,000 installs since coming out of beta, and on pace to exceed 35,000 installs in 2024 alone, including ramping production in the UK and Ireland. • Followed our strategic customers into several new countries this quarter, with many more lined up for the balance of the year and into 2025. • Pulled forward the Revel and Vectron integration plan and began executing on the Vectron 65,000 merchant conversion opportunity across central Europe, with our first installs already taking place. • Announced the acquisition of Givex, which closed on November 8th, adding over 130,000 new gift and loyalty customers, representing what we believe to be over $300 billion in payment volume cross-sell pp rtunity. This a quisi ion al o brings pro uct e hanceme ts through a best-in-class gift and loyalty platform. • We r lled $5 billio of contracted volume in t actuals and signed $13 billion of additional volume bringing the backlog to $33 billion.We rebuilt our capital structure with new $1.1 billion senior notes raised in August of this year, providing substantial firepower for organic and inorganic investments, opportunistic buybacks, and/or possible repayment of outstanding convertible bonds. • We remain on track to close the year with organic GRLNF growth exceeding 2
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.