← Paysafe Ltd
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Net Income | — | — | — | ($1.9b) | ($20.3m) | $22.2m | ($182.5m) | |
| Net Income From Continuing Operations | — | — | — | ($1.9b) | ($20.3m) | $22.2m | ($182.5m) | |
| Depreciation and amortization | $279.8m | $268.2m | $261.4m | $266.8m | $264.1m | $274.8m | $276.4m | |
| Depreciation Amortization Depletion | — | — | — | $266.8m | $264.1m | $274.8m | $276.4m | |
| Deferred tax expense / (benefit) | ($27.4m) | ($61.1m) | ($97.0m) | ($82.9m) | $19.7m | ($33.2m) | $74.4m | |
| Deferred Income Tax | — | — | — | ($82.9m) | $19.7m | ($33.2m) | $74.4m | |
| Deferred Tax | — | — | — | ($82.9m) | $19.7m | ($33.2m) | $74.4m | |
| Impairment expense on goodwill and other assets, net | $88.8m | $130.4m | $324.1m | $1.9b | $1.3m | $823k | $1.4m | |
| Asset Impairment Charge | — | — | — | $1.9b | $1.3m | $823k | $1.4m | |
| Interest expense , net | ($2.9m) | $12.5m | $74.3m | $24.4m | ($2.6m) | ($10.1m) | $4.1m | |
| Net (loss) / income | ($110.1m) | ($126.7m) | ($110.3m) | ($1.9b) | ($20.3m) | $22.2m | ($182.5m) | |
| Unrealized foreign exchange (gain) / loss | $197k | ($5.5m) | $4.4m | ($44.2m) | $411k | ($4.1m) | ($7.3m) | |
| Share based compensation | — | $0 | $101.8m | $62.4m | $28.9m | $38.5m | $32.3m | |
| Other income, net | $7.9m | $22.0m | ($232.5m) | ($45.5m) | ($20.5m) | ($10.2m) | ($2.2m) | |
| Allowance for credit losses and other | $52.0m | $54.2m | $15.1m | $35.5m | $21.2m | $52.6m | $48.3m | |
| Loss on disposal of subsidiaries and other assets, net | ($4.8m) | ($13.1m) | $0 | $1.4m | $386k | $801k | $732k | |
| Non-cash lease expense | $11.5m | $10.6m | $9.5m | $7.0m | $8.9m | $8.9m | $9.3m | |
| Accounts receivable, net | ($31.0m) | ($46.5m) | ($42.6m) | ($34.2m) | ($18.8m) | ($43.2m) | ($12.8m) | |
| Prepaid expenses and other current assets | ($2.2m) | $18.2m | $3.5m | ($13.1m) | $7.0m | ($11.6m) | ($5.4m) | |
| Accounts payable and other liabilities | ($250k) | ($27.8m) | ($25.7m) | $17.4m | ($33.0m) | ($26.7m) | ($571k) | |
| Income tax payable / receivable | ($13.6m) | $1.1m | ($24.4m) | $17.2m | ($22.6m) | ($5.8m) | ($47k) | |
| Purchase of merchant portfolios | ($89.4m) | ($21.0m) | ($63.9m) | ($56.4m) | ($30.7m) | ($8.8m) | ($21.2m) | |
| Other intangible asset expenditures | ($61.0m) | ($60.5m) | ($78.2m) | ($89.1m) | ($89.3m) | ($95.8m) | ($94.2m) | |
| Disposal of subsidiaries | — | — | — | — | $0 | $0 | $1.9m | |
| Net cash outflow on disposal of subsidiaries | ($454k) | $44.9m | $0 | ($826k) | $0 | — | — | |
| Receipts under derivative financial instruments | — | — | $0 | $0 | $10.2m | $0 | $4.5m | |
| Cash inflow from merchant reserves | — | — | $0 | $0 | $12.2m | $6.5m | $17.4m | |
| Cash outflow for merchant reserves | — | — | $0 | $0 | ($24.4m) | $0 | ($36.4m) | |
| Cash settled equity awards | — | $0 | $0 | ($990k) | ($484k) | $0 | $0 | |
| Repurchases of shares withheld for taxes | — | $0 | $0 | ($6.9m) | ($8.5m) | ($7.6m) | ($10.6m) | |
| Proceeds from exercise of warrants | — | $0 | $0 | $3k | $5k | $0 | $0 | |
| Proceeds from employee share purchase plan | — | — | — | $0 | $0 | $786k | $1.1m | |
| Purchase of treasury shares | — | — | — | $0 | $0 | ($42.9m) | ($90.8m) | |
| Settlement funds - merchants and customers, net | — | — | ($37.0m) | $686.9m | ($588.2m) | ($163.8m) | ($160.8m) | |
| Repurchases of borrowings | — | $0 | $0 | ($45.5m) | ($167.4m) | ($92.3m) | $0 | |
| Proceeds from loans and borrowings | $189.8m | $270.5m | $3.0b | $120.7m | $125.6m | $220.4m | $252.0m | |
| Repayment of loans and borrowings | ($128.8m) | ($362.0m) | ($3.4b) | ($148.9m) | ($121.7m) | ($174.7m) | ($156.2m) | |
| Proceeds under line of credit | $74.4m | $353.9m | $600.0m | $796.6m | $900.0m | $855.0m | $847.0m | |
| Repayments under line of credit | ($50.0m) | ($328.2m) | ($600.0m) | ($771.6m) | ($900.0m) | ($865.0m) | ($838.0m) | |
| Contingent and deferred consideration paid | ($6.0m) | ($5.7m) | ($7.7m) | ($19.8m) | ($10.7m) | ($10.1m) | ($7.3m) | |
| Beginning Cash Position | — | — | — | $2.0b | $2.1b | $1.5b | $1.3b | |
| Cash Flow From Continuing Financing Activities | — | — | — | $606.3m | ($771.0m) | ($280.8m) | ($163.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($575.6m) | ($135.2m) | ($108.4m) | ($140.4m) | |
| Change In Account Payable | — | — | — | $17.4m | ($33.0m) | ($26.7m) | ($571k) | |
| Change In Income Tax Payable | — | — | ($24.4m) | $17.2m | ($22.6m) | ($5.8m) | — | |
| Change In Other Working Capital | — | — | ($24.4m) | — | ($22.6m) | ($5.8m) | ($47k) | |
| Change In Payable | — | — | — | $34.6m | ($33.0m) | ($26.7m) | ($571k) | |
| Change In Payables And Accrued Expense | — | — | — | $34.6m | ($33.0m) | ($26.7m) | ($571k) | |
| Change In Prepaid Assets | — | — | — | ($13.1m) | $7.0m | ($11.6m) | ($5.4m) | |
| Change In Receivables | — | — | — | ($34.2m) | ($18.8m) | ($43.2m) | ($12.8m) | |
| Change In Tax Payable | — | — | ($24.4m) | $17.2m | ($22.6m) | ($5.8m) | — | |
| Change In Working Capital | — | — | — | ($12.7m) | ($67.5m) | ($87.3m) | ($18.8m) | |
| Changes In Account Receivables | — | — | — | ($34.2m) | ($18.8m) | ($43.2m) | ($12.8m) | |
| Changes In Cash | — | — | — | $267.9m | ($672.2m) | ($135.4m) | ($67.6m) | |
| End Cash Position | — | — | — | $2.1b | $1.5b | $1.3b | $1.3b | |
| Financing Cash Flow | — | — | — | $606.3m | ($771.0m) | ($280.8m) | ($163.4m) | |
| Free Cash Flow | — | — | — | $87.2m | $101.1m | $133.3m | $108.2m | |
| Gain Loss On Sale Of Business | — | — | — | $1.4m | $386k | $801k | $732k | |
| Investing Cash Flow | — | — | — | ($575.6m) | ($135.2m) | ($108.4m) | ($140.4m) | |
| Net Business Purchase And Sale | — | — | — | ($425.5m) | $0 | $0 | $1.9m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | ($44.2m) | $411k | ($4.1m) | ($7.3m) | |
| Net Intangibles Purchase And Sale | — | — | — | ($56.4m) | ($30.7m) | ($8.8m) | ($21.2m) | |
| Net PPE Purchase And Sale | — | — | — | ($4.5m) | ($12.8m) | ($15.9m) | ($12.6m) | |
| Operating Gains Losses | — | — | — | ($42.8m) | $797k | ($3.3m) | ($6.5m) | |
| Other Non Cash Items | — | — | — | ($14.1m) | ($14.2m) | ($11.3m) | $11.2m | |
| Proceeds From Stock Option Exercised | — | — | — | $3k | $5k | $786k | $1.1m | |
| Provisionand Write Offof Assets | — | — | — | $35.5m | $21.2m | $52.6m | $48.3m | |
| Purchase Of Business | — | — | ($263.5m) | ($425.5m) | $0 | $0 | — | |
| Purchase Of Intangibles | — | — | — | ($56.4m) | ($30.7m) | ($8.8m) | ($21.2m) | |
| Purchase Of PPE | — | — | $5.6m | ($4.5m) | ($12.8m) | ($15.9m) | ($12.6m) | |
| Repurchase Of Capital Stock | — | — | — | ($6.9m) | ($8.5m) | ($50.5m) | ($101.4m) | |
| Sale Of Business | — | — | $0 | — | $0 | $0 | $1.9m | |
| Stock Based Compensation | — | — | — | $62.4m | $28.9m | $38.5m | $32.3m | |
| Net cash flows provided by operating activities | $289.0m | $409.1m | $224.5m | $924.1m | $234.0m | $253.8m | $236.2m | |
| Purchase of property, plant & equipment | ($9.7m) | ($5.4m) | ($5.6m) | ($4.5m) | ($12.8m) | ($15.9m) | ($12.6m) | |
| Capital Expenditure Reported | — | — | — | ($89.1m) | ($89.3m) | ($95.8m) | ($94.2m) | |
| Acquisition of businesses, net of cash acquired | — | ($9.2m) | ($263.5m) | ($424.7m) | $0 | $0 | ($2.4b) | |
| Net Investment Purchase And Sale | — | — | — | $0 | $10.2m | $8.9m | $4.5m | |
| Sale Of Investment | — | — | — | $0 | $10.2m | $8.9m | $4.5m | |
| Other investing activities, net | — | — | $0 | $0 | ($342k) | ($3.3m) | $163k | |
| Net Other Investing Changes | — | — | — | — | ($12.5m) | $3.2m | ($18.9m) | |
| Net cash flows used in investing activities | ($160.6m) | ($51.2m) | ($411.3m) | ($575.6m) | ($135.2m) | ($108.4m) | ($140.4m) | |
| Payment of debt issuance costs | — | $0 | ($7.1m) | ($6.8m) | $0 | ($491k) | $0 | |
| Issuance Of Debt | — | — | — | $917.3m | $1.0b | $1.1b | $1.1b | |
| Long Term Debt Issuance | — | — | — | $917.3m | $1.0b | $1.1b | $1.1b | |
| Net Issuance Payments Of Debt | — | — | — | ($48.8m) | ($163.6m) | ($56.6m) | $104.7m | |
| Net Long Term Debt Issuance | — | — | — | ($48.8m) | ($163.6m) | ($56.6m) | $104.7m | |
| Net Short Term Debt Issuance | — | — | $0 | $25.0m | $0 | — | — | |
| Short Term Debt Issuance | — | — | $600.0m | $796.6m | $900.0m | — | — | |
| Long Term Debt Payments | — | — | — | ($966.0m) | ($1.2b) | ($1.1b) | ($994.2m) | |
| Repayment Of Debt | — | — | — | ($966.0m) | ($1.2b) | ($1.1b) | ($994.2m) | |
| Short Term Debt Payments | — | — | ($600.0m) | ($771.6m) | ($900.0m) | — | — | |
| Net Common Stock Issuance | — | — | — | ($6.9m) | ($8.5m) | ($50.5m) | ($101.4m) | |
| Common Stock Payments | — | — | — | ($6.9m) | ($8.5m) | ($50.5m) | ($101.4m) | |
| Other financing activities | — | — | — | — | $300k | $0 | $300k | |
| Net Other Financing Charges | — | — | — | $662.0m | ($599.0m) | ($174.5m) | ($167.8m) | |
| Net cash flows used in financing activities | $72.7m | ($75.5m) | $483.3m | ($80.5m) | ($771.0m) | ($280.8m) | ($163.4m) | |
| Effect of foreign exchange rate changes | ($15.8m) | $99.1m | ($88.6m) | ($112.5m) | $43.3m | ($64.3m) | $114.3m | |
| Effect Of Exchange Rate Changes | — | — | — | ($112.5m) | $43.3m | ($64.3m) | $114.3m | |
| Increase / (decrease) in cash and cash equivalents, including customer accounts and other restricted cash, during the year | $185.4m | $381.5m | $207.9m | $155.5m | ($628.9m) | ($199.7m) | $46.7m | |
| Cash and cash equivalents, including customer accounts and other restricted cash, net at beginning of the year | $1.4b | $1.8b | $2.0b | $2.1b | $1.5b | $1.3b | $1.3b | |
| Cash and cash equivalents | $234.6m | $387.6m | $313.4m | $260.2m | $202.3m | $216.7m | $250.2m | |
| Customer accounts and other restricted cash | $1.2b | $1.4b | $1.7b | $1.9b | $1.3b | $1.1b | $1.1b | |
| Total cash and cash equivalents, including customer accounts and other restricted cash, net | $1.4b | $1.8b | $2.0b | $2.1b | $1.5b | $1.3b | $1.3b | |
| Change In Cash Supplemental As Reported | — | — | — | $155.5m | ($628.9m) | ($199.7m) | $46.7m | |
| Cash paid for interest | $167.5m | $154.4m | $91.5m | $102.2m | $153.8m | $150.9m | $132.3m | |
| Cash paid/(received) for Income taxes, net | $24.5m | $793k | $36.3m | ($13.2m) | $43.8m | $30.8m | $36.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.