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  "documentTitle": "Nuvei Corp (NVEI)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-12-09 00:00:00",
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  "pageNumber": 102,
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  "notes": "The slide uses a visual comparison of two presentation slides to demonstrate the removal of specific data points.",
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      "kind": "callout",
      "text": "Notice CAGR expectations have disappeared from its \"High Growth Verticals\"",
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      "text": "CAGRs in Nuvei's “High Growth Verticals” slide had been reported since Nuvei's IPO. Now they are being removed after a significant improvement in cash flow and expansion of Nuvei's share price.",
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      "kind": "quote",
      "text": "They did 140% (total volume) recently. Having said that, even though I really believe in Philip, Nuvei and SafeCharge, I think it (volume growth) will now go a little bit down.",
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      "kind": "quote",
      "text": "\"They did 140% (total volume) recently. Having said that, even though I really believe in Philip, Nuvei and SafeCharge, I think it (volume growth) will now go a little bit down. They had the pitch and utilized the services, products in the background, Nuvei on the high risk in the states. Now they find a place where they have to start competing in the less risk markets.\" — Former Nuvei Employee Interview",
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      "kind": "title",
      "text": "First Slide Modification Q2'21: No Longer Backing \"High Growth Vertical\" Expected Growth Rates?",
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