HighGravityDataShift4 Payments — Nov 6, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001794669-25-000033
Showing in the filing
Blended spreads
“north of 60 bps”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Medium term compound annual growth rate for FY2025
“over 30%”
Medium-term CAGR
“over 30% compound annual growth rate”
New stock repurchase authorization
“$1 billion”
Stock repurchase program
“$1 billion”
Blended spreads for FY2025
“north of 60 bps”
Sportsbook locations live for FY2025
“24”
Bambora acquisition expected close for FY2026
“early 2026”
Gross Revenue Less Network Fees 3-Year CAGR …
“30%+”
Adjusted EBITDA 3-Year CAGR (Most Likely Case)
“30%+”
Margin Expansion (Impact of Global Blue)
“+300bps”
Gross Revenue Less Network Fees 3-Year CAGR …
“25%+”
Exit Rate for FY2027
“$1 billion”
EBITDA (management comment) for FY2026
“over 1B EBITDA next year”
Gross Revenue Less Network Fees growth (adju… for Q4 FY2025
“31% YoY GRLNF growth in Q4”
Organic revenue growth for FY2025
“well north of 25% YoY”
Adjusted Free Cash Flow for FY2025
“+50% Adj. FCF Conversion”
Exhibit 99.1 · the passage around this item
… earlier in the release
Constant currency only normalizes for the “translation” impact and ignores the “demand” impact Global Blue GRLNF Contribution EBITDA Contribution $68M Tax-Free Shopping Update: Stable Sales in Store (SiS) Quarter Despite FX Headwinds in Asia +5% +13% -11% Margin of 43% Disaggregated Revenue classifications: TFS, DCC, & Acquiring: Payments Based Revenue PPS: Subscription and Other Revenues Asia SiS recovery in September to flat YoY September exit of flat YoY FX Insight: Impact of Currency on Q3 Results Currency impact on demand outweighed the currency translation impact on Q3 financial results
Our business is more scaled and diversified than any other time in our history Enhancing Business Quality and Delivering Consistent Results 6 6 GRLNF Vertical Diversification GRLNF Geographic Diversification Consistent Volume Backlog Stable Spreads Despite Moving Up Market and Going International Full Year 2025 blended spreads are still expected to be north of 60 bps Backlog of $35B+ TBU "Our blended spreads in Q2 were 63bps" [graphic] Our blended spreads in Q3 were 62bps WIP KEEP Increased Volume and Improved Diversity Scaling and diversifying overlaying bar chart showing the GRLNF and EBITDA contribution from GB Move Up Market Average size of merchant based on volume is 363% of 2021 levels. bar chart depicting our GRLNF diversification Q3 2024 Q3 2025 Installed and activated $6 billion of volume during the quarter and signed an equivalent amount
7 7 We Are Taking Our Industry Leading Products Into New Geographic Markets Around the World #2 in Restaurants (Menchie's) World class technology, sophisticated distribution, and an overall lower cost of ownership #1 in Hotels (Alterra) One Hand to Shake: the only hospitality platform to deliver the entire payments value chain under one roof #1 in Sports & Entertainment (Yankees) The most comprehensive owned solution in the sector - everything from concessions to merchandise Growing opportunity in Unified Commerce We are ready to grow beyond our leading verticals across the globe, and are better positioned than ever after our acquisition of Global Blue Tag line for the bottom: "We are
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.