Breaking News ….

March 8, 2022

https://www.globenewswire.com/news-release/2022/03/08/2398742/0/en/Nuvei-Announces-Fourth-Quarter-and-Fiscal-Year-2021-Results.html

Financial Highlights for the Three Months Ended December 31, 2021

  • Total volume(1) increased 127% to $31.5 billion from $13.9 billion
    • eCommerce represented 88% of total volume
  • Revenue increased 83% to $211.9 million from $115.9 million
    • Organic revenue growth(2) was 55% with Organic revenue(2) increasing to $179.1 million from $115.9 million
  • Net income decreased to $12.3 million from $22.6 million, primarily due to a $29.7 million increase in share-based payments to employees who joined the Company as part of acquisitions completed during the third quarter and other employee incentive grants
  • Adjusted EBITDA(2) increased 78% to $91.5 million from $51.3 million
  • Adjusted net income(2) increased 52% to $70.6 million from $46.5 million
  • Net income per diluted share was $0.07 compared to $0.16
  • Adjusted net income(2) per diluted share was $0.47 compared to $0.33

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