Shift4 Payments — Feb 16, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001794669-25-000007
Showing in the filing
Net leverage (Global Blue transaction)
“~3.3x net leverage”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 9
Organic GRLNF growth
“exceeding 25%”
Annual run rate in adjusted free cash flow
“$1 billion”
Sportsbook locations live
“all 24 sportsbook locations”
Run-rate revenue synergies (Global Blue acqu… for FY2027
“~$80 million”
Net leverage (Global Blue transaction)
“~3.6x net leverage”
Net leverage (Global Blue transaction) for FY2025
“~3.3x net leverage”
Adjusted Free Cash Flow Conversion for FY2025
“50%+ Adj. FCF Conversion”
Adjusted Free Cash Flow for FY2024
“58%+ Adj. FCF Conversion”
Organic Growth for FY2025
“20%+ Organic Growth”
Exhibit 99.1 · the passage around this item
… earlier in the release
CURB - UK WOLT - EURO CONTINENTAL NOBU - CANADA (TORONTO) CASA CIPRIANI - NEW YORK GREAT WOLF LODGE - MIDWEST ISH AUBREGE - WEST COAST Going Global We Are Continuing to Follow Our Strategic Partner into New Geographies Thousands of hotels, restaurants, and unified commerce merchants are being added all over the world
We are announcing today our largest acquisition yet: Global Blue 1 3 13 Massive embedded >$500 billion payment cross-sell opportunity Dual-sided network with over 15 million affluent shoppers connected to the eco-system ~$80 million of run- rate revenue synergies by 2027 [Strategic e-commerce partnerships with Ant Financial and Tencent] Global Blue Acquisition Announcement Shift4 Playbook/Key Points: One of two dominant platforms enabling payments, currency conversion, and tax refunds to the world's largest luxury brands Massive embedded >$500 billion payment cross-sell opportunity, bringing our total cross-sell funnel to over $1.4T Dual-sided network with over 15 million affluent shoppers connected to the eco-system ~$80 million of run-rate revenue synergies by 2027 Strategic unified commerce partnerships with Ant Financial and Tencent ~3.6x net leverage at closing and ~3.3x net leverage by year end 2025
See page 2 for a description of non-GAAP financial measures. For a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the relevant tables in the "Appendix - Financial Information" of this document. *Note: Guidance does not include the impact of potential 2025 acquisitions. Introducing Our Full Year 2025 Guidance We are introducing full year guidance for 2025* 1 4 14 $1.65 Billion +22% YoY +27% YoY $1.72 BillionGross Revenue Less Network Fees Full Year Adjusted Free Cash Flow $200 Billion $220 BillionVolume $830 Million +23% YoY +26% YoY $855 MillionAdjusted EBITDA TO TO TO FY 2025 Guidance 50%+ Adj. FCF Conversion $167 Billion +53% YoY +XX% YoY $172 Billion $1.35 Billion +44% YoY +XX% YoY $1.38 Billion TO TO End-to-End Payment Volume Increasing our GRLNF Range Gross Revenue Less Network Fees TO $662 Million +XX% YoY +XX% YoY $689 Million Increasing our Adjusted EBITDA range Adjusted EBITDA Tightening our Adjusted FCF Conversion Adjusted Free Cash Flow from $167 Billion to $175 Billion from $640 Million to $675 Million from 60%+Adj FCF Conversion 58%+ Adj. FCF Conversion Tightening the h
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.