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  "documentTitle": "Nuvei Corp (NVEI)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-12-09 00:00:00",
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  "notes": "Uses a red arrow to visually connect the two conflicting data points.",
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      "text": "Spruce Point observes that Nuvei just restated a key disclosure related to its concentration risk of receivables and didn’t draw attention to the revision. Receivables are closely related to sales, which we pointed out are being revised.",
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      "text": "Spruce Point observes that Nuvei just restated a key disclosure related to its concentration risk of receivables and didn't draw attention to the revision. Receivables are closely related to sales, which we pointed out are being revised.",
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      "text": "Original Disclosure For 2020",
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      "text": "Recent Disclosure for 2020 as of Q3 2021",
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      "text": "Source: FY 2020 Annual Report and red emphasis Spruce Point",
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      "kind": "table",
      "text": "Trade and other receivables concentration risk text blocks",
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      "kind": "title",
      "text": "Receivables Restatement Point To Further Revenue Recognition Troubles",
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