Shift4 Payments — Nov 12, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001794669-24-000031
Showing in the filing
Adjusted FCF conversion
“+58%”
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
~$300 billion payment opportunity Bundling gift and loyalty tech into our SkyTab offering enhances overall value proposition
Restaurants, Gaming, Sports and Entertainment, Non Profits, Airlines, Sexy Tech Shift4's Playbook Resulted in Industry-Leading EBITDA & FCF Growth (1) FCF Growth: 2024 represents Adjusted FCF based off of our 2024 Adjusted FCF guidance of +58% Adjusted FCF conversion applied against the midpoint of our 2024 Adj EBITDA guidance. (2) Total Capital Deployed defined as the cumulative capital invested from 2020-2024, excluding $347 million of share repurchases. The $2.5 billion deployed is comprised of $2.0 billion of acquisitions, and approximately $600 million of Customer Acquisition and Product Investments. Adjusted EBITDA and FCF multiples calculated based on incremental Adjusted EBITDA generated in 5-year period 2020-2024 relative to Total Capital Deployed over the same 5 year period. The incremental FCF generated over the 2020-2024 period is based on 2020 FCF and 2024 Adjusted FCF. ^ Includes Givex which closed on November 8, 2024 2 2 22 2024 GOAL & BEYOND We balance between product innovation, customer acquisition, share repurchases and M&A to accelerate our strategy Thoughtful Capital Allocation is at the Beginning of Everything We Do CUSTOMER ACQUISITION • Industry-leading cloud-based restaurant POS (SkyTab) • New Vertical capabilities (e.g. ticketing, subscription billing) • Hundreds of new ISV integrations since IPO Buybacks Acquisitions and Investments PRODUCT INVESTMENT • Eliminate upfront costs for our merchant
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.