{ "docId": "019de515-4c5a-7455-98da-6146de279261", "docSlug": "acc5bbedab2dc6cbccba09f949bb07f6", "documentTitle": "Nuvei | Results Presentation Deck | 43 slides", "authorId": "nuvei", "authorName": "Nuvei", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 23, "pageCount": 43, "prevPage": 22, "nextPage": 24, "slideType": "appendix_disclosure", "function": "appendix", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de515-4c5a-7455-98da-6146de279261/23", "deckHref": "/decks/019de515-4c5a-7455-98da-6146de279261", "deckJsonHref": "/decks/019de515-4c5a-7455-98da-6146de279261.json", "deckAnchorHref": "/decks/019de515-4c5a-7455-98da-6146de279261#slide-23", "components": [ { "bbox": { "h": 0.084, "w": 0.828, "x": 0.048, "y": 0.599 }, "kind": "paragraph", "text": "Adjusted EBITDA: We use Adjusted EBITDA as a means to evaluate operating performance, by eliminating the impact of non-operational or non-cash items. Adjusted EBITDA is defined as net income (loss) before finance costs (recovery), finance income, depreciation and amortization, income tax expense, acquisition, integration and severance costs, share-based payments and related payroll taxes, loss (gain) on foreign currency exchange, and legal settlement and other.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "13b3eac6-c3a1-417a-9534-c3711b8914f0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.144, "w": 0.828, "x": 0.048, "y": 0.42 }, "kind": "paragraph", "text": "Organic revenue excluding digital assets and cryptocurrencies at constant currency: Organic revenue excluding digital assets and cryptocurrencies at constant currency means revenue excluding the revenue attributable to acquired businesses for a period of 12 months following their acquisition and excluding revenue attributable to divested businesses and digital assets and cryptocurrencies, and adjusted for the impact of foreign currency exchange fluctuations. This measure helps provide insight on comparable revenue growth by removing the effect of volatility in digital assets and cryptocurrencies and changes in foreign currency exchange rates year-over-year. Foreign currency exchange impact in the current period is calculated using prior period quarterly average exchange rates applied to the current period foreign currency amounts. The revenue attributable to digital assets and cryptocurrencies is calculated in accordance with the accounting policies used to prepare the revenue line item presented in the Company's financial statements under IFRS.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "37f3303d-d9d1-4788-ab07-6dcb4298ed0f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.102, "w": 0.828, "x": 0.048, "y": 0.26 }, "kind": "paragraph", "text": "Organic revenue at constant currency: Organic revenue at constant currency means revenue excluding the revenue attributable to acquired businesses for a period of 12 months following their acquisition and excluding revenue attributable to divested businesses, adjusted for the impact of foreign currency exchange fluctuations. Foreign currency exchange impact in the current period is calculated using prior period quarterly average exchange rates applied to the current period foreign currency amounts. This measure helps provide insight on organic and acquisition-related growth and presents useful information about comparable revenue growth.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ae437527-a668-466a-b85d-f2390817ef8f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.828, "x": 0.048, "y": 0.184 }, "kind": "paragraph", "text": "Revenue at constant currency: Revenue at constant currency means revenue adjusted for the impact of foreign currency exchange fluctuations. This measure helps provide insight on comparable revenue growth by removing the effect of changes in foreign currency exchange rates year-over-year. Foreign currency exchange impact in the current period is calculated using prior period quarterly average exchange rates applied to the current period foreign currency amounts.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e2d48a84-ac07-43ba-ac6c-17eb8954acf4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.114, "w": 0.828, "x": 0.048, "y": 0.702 }, "kind": "paragraph", "text": "Adjusted net income: We use Adjusted net income as an indicator of business performance and profitability with our current tax and capital structure. Adjusted net income is defined as net income (loss) before acquisition, integration and severance costs, share-based payments and related payroll taxes, loss (gain) on foreign currency exchange, amortization of acquisition-related intangible assets, and the related income tax expense or recovery for these items. Adjusted net income also excludes change in redemption value of liability-classified common and preferred shares, change in fair value of share repurchase liability and accelerated amortization of deferred transaction costs and legal settlement and other.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "eb5a85aa-646f-410e-984c-4c34122f57b8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.828, "x": 0.048, "y": 0.835 }, "kind": "paragraph", "text": "Adjusted EBITDA less capital expenditures: We use Adjusted EBITDA less capital expenditures (acquisition of intangible assets and property and equipment) as a supplementary indicator of our operating performance. In the third quarter of 2022, we retrospectively modified the label of this measure from \"Free cash flow\" in order to more clearly reflect its composition.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fcce4808-16d2-4e46-b2c7-9bf9b0e66f05", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.026, "w": 0.49, "x": 0.048, "y": 0.07 }, "kind": "title", "text": "Non-IFRS Financial Measures", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7de50f17-6637-444e-a1d1-decb786e0f18", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Audience Definition", "slug": "audience-definition", "agent": "Storyteller", "layer": "slide", "matchId": "0d2c203b-fc4f-4c8d-9ace-6e1bd9abb686", "evidence": "The slide provides definitions for various financial terms, indicating an effort to educate the audience on the specific metrics used.", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [], "loops": [ { "to": 28, "from": 22, "name": "Quick Win Big Bet", "slug": "47-quick-win-big-bet", "bestFor": "Transformation planning, 100-day plans, resource allocation", "matchId": "8d20468f-5051-401d-8c2d-bd3d0280fbba", "evidence": "Slides 22-28 discuss Nuvei's financial performance and outlook", "position": 1, "objective": "Presenting Nuvei's financial performance and growth prospects", "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap", "confidence": 0.6, "description": "Separate initiatives into immediate wins and longer-term strategic bets" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }