{ "docId": "019de513-e171-7138-8176-63be43e45e5d", "docSlug": "e3237def2156e2a2d4ee515c620aee9d", "documentTitle": "Nuvei | Results Presentation Deck | 34 slides", "authorId": "nuvei", "authorName": "Nuvei", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2022-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 20, "pageCount": 34, "prevPage": 19, "nextPage": 21, "slideType": "kpi_overview", "function": "summarize", "density": "dense", "nDataPoints": 20, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de513-e171-7138-8176-63be43e45e5d/20", "deckHref": "/decks/019de513-e171-7138-8176-63be43e45e5d", "deckJsonHref": "/decks/019de513-e171-7138-8176-63be43e45e5d.json", "deckAnchorHref": "/decks/019de513-e171-7138-8176-63be43e45e5d#slide-20", "components": [ { "bbox": { "h": 0.4, "w": 0.74, "x": 0.11, "y": 0.45 }, "kind": "paragraph", "text": "The outlook above supersedes all prior statements made by the Company and is based on current expectations. The Company has amended its financial outlook for the fiscal year ending December 31, 2022 based on its results for the six months ended June 30, 2022; headwind from changes in foreign currency exchange rates; higher volatility and lower volume in digital assets and cryptocurrencies; and a more cautious view of the macroeconomic environment for the second half of the year.\nThe financial outlook for the remainder of 2022 assumes greater currency headwinds than previously expected from the stronger U.S. dollar and the Company has applied average foreign currency exchange rates for July 2022 to its financial forecast for the balance of the year; lower volume in digital assets and cryptocurrencies than previously anticipated; and the potential impact from higher inflation and rising interest rates which could increase pressure on consumer spending in the second half of the year.\nThe financial outlook is fully qualified and based on a number of assumptions and subject to a number of risks described under the heading \"Forward-Looking Information\" of this presentation. Nuvei's outlook also constitutes \"financial outlook\" within the meaning of applicable securities laws and is provided for the purposes of assisting the reader in understanding the Company's financial performance and measuring progress toward management's objectives and the reader is cautioned that it may not be appropriate for other purposes.\nOther than with respect to revenue, the Company only provides guidance on a non-IFRS basis. The Company does not provide a reconciliation of forward-looking Revenue at constant currency (non-IFRS) and Adjusted EBITDA (non-IFRS) to net income (loss) due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. In periods where significant acquisitions or divestitures are not expected, the Company believes it might have a basis for forecasting the IFRS equivalent for certain costs, such as employee benefits, commissions and depreciation and amortization. However, because other deductions such as share-based payments, net finance costs, gain (loss) on financial instruments carried at fair market value and current and deferred income taxes used to calculate projected net income (loss) can vary significantly based on actual events, the Company is not able to forecast on an IFRS basis with reasonable certainty all deductions needed in order to provide an IFRS calculation of projected net income (loss). The amount of these deductions may be material and, therefore, could result in projected IFRS net income (loss) being materially less than projected Adjusted EBITDA (non-IFRS). These statements represent forward-looking information and may represent a financial outlook, and actual results may vary. See the risk and assumptions described under the heading \"Forward-looking information\" of this presentation.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "12160d83-dfcc-41e6-8502-7f16df4c984c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.74, "x": 0.11, "y": 0.86 }, "kind": "source-note", "text": "(1) Total volume does not represent revenue earned by the Company, but rather the total dollar value of transactions processed by merchants under contractual agreement with the Company. See \"Supplementary Financial Measures\" above.\n(2) Adjusted EBITDA and Revenue at constant currency are non-IFRS measures. See \"Non-IFRS Financial Measures\".", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d80a820a-17a2-4804-bd5d-e5bb2b171c8b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.74, "x": 0.11, "y": 0.13 }, "kind": "table", "text": "Three months ending September 30, 2022 Forward-looking, Year ending December 31, 2022 Forward-looking Previous, Year ending December 31, 2022 Forward-looking Revised, (In U.S. dollars) Total volume (1) (in billions) 25 - 26, Revenue (in millions) 185 - 195, Revenue at constant currency (2) (in millions) 195 - 205, Adjusted EBITDA (2) (in millions) 70 - 75, 127 - 132, 940 - 980, N/A, 407 - 425, 117 - 121, 820 - 850, 855 - 885, 335 - 350", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "81876b5c-5625-4d24-804d-5798c37aab9c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.34, "x": 0.03, "y": 0.04 }, "kind": "title", "text": "Financial Outlook", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c008063d-10de-4a84-9bca-e995db7ead64", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 21, "from": 9, "beatId": "6d6e9b20-5b53-4fe3-a036-a3889dbabcdf", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Financials", "beatSlug": "sequoia-pitch-financials", "evidence": "The presentation provides detailed financial metrics, including volume growth, revenue growth, and profitability", "position": 2, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [ { "to": 21, "from": 7, "name": "Logic Chain", "slug": "01-logic-chain", "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis", "matchId": "23350200-fbfd-4060-8b7b-48258df0a4e0", "evidence": "The presentation provides a clear logic chain between Nuvei's financial performance and its growth prospects", "position": 0, "objective": "To demonstrate the logic behind Nuvei's growth and profitability", "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)", "confidence": 0.7, "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }