{ "docId": "019de516-a609-7563-aede-bbf14d2877d7", "docSlug": "5ede8f533099c0bf037a7a96d681c6df", "documentTitle": "Nuvei | Results Presentation Deck | 46 slides", "authorId": "nuvei", "authorName": "Nuvei", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 19, "pageCount": 46, "prevPage": 18, "nextPage": 20, "slideType": "kpi_overview", "function": "frame_situation", "density": "overcrowded", "nDataPoints": 24, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-a609-7563-aede-bbf14d2877d7/19", "deckHref": "/decks/019de516-a609-7563-aede-bbf14d2877d7", "deckJsonHref": "/decks/019de516-a609-7563-aede-bbf14d2877d7.json", "deckAnchorHref": "/decks/019de516-a609-7563-aede-bbf14d2877d7#slide-19", "components": [ { "bbox": { "h": 0.077, "w": 0.741, "x": 0.051, "y": 0.603 }, "kind": "disclaimer", "text": "The 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.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dabafe8d-62cb-48e6-8b19-6fb35306cabe", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.201, "w": 0.741, "x": 0.051, "y": 0.693 }, "kind": "disclaimer", "text": "Other 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), Organic revenue growth excluding digital assets and cryptocurrencies at constant currency (non-IFRS) to revenue, 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 such as predicting the future impact and timing of acquisitions and divestitures, foreign exchange rates and the volatility in digital assets. 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": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e4483ffc-84ba-4f2c-a6cf-6a2ebc7c2c8e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.741, "x": 0.051, "y": 0.176 }, "kind": "paragraph", "text": "For the three months ending September 30, 2023 and the fiscal year ending December 31, 2023, Nuvei anticipates Total volume (1), Revenue, Revenue at constant currency and Adjusted EBITDA(2) to be in the ranges below. The Company has revised its growth expectations for the second half of the year, primarily due to two factors. The first and more significant factor relates to longer than anticipated lag times in new business. The second factor stems from the Company's recent decision to exit its relationship with a large customer. The Company estimates it has approximately $100 million in annualized revenue in various stages that it expects to activate within the next four quarters. Nuvei now expects Organic revenue growth excluding digital assets and cryptocurrencies at constant currency to be between 16% and 20% for the fiscal year ending December 31, 2023.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "17455c88-c3fb-4c06-a905-488509d49126", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.741, "x": 0.051, "y": 0.945 }, "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 Measures\".", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "db76825e-5151-4873-969a-7c98212b0482", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.26, "w": 0.749, "x": 0.046, "y": 0.315 }, "kind": "table", "text": "Three months ending September 30, 2023 Forward-looking $ 47.5 - 49.5 300 - 308 294 - 302 105 - 110 Year ending December 31, 2023 Forward-looking Previous $ 196 - 202 1,225 - 1,264 1,226 - 1,266 456 - 477 Forward-looking Revised $ 193 - 197 1,170 - 1,195 1,157 - 1,182 417 - 432 (In US dollars) Total volume(1) (in billions) Revenue (in millions) Revenue at constant currency(2) (in millions) Adjusted EBITDA(2) (in millions)", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "296cf393-ad26-46e7-9ea3-c20aebeb6968", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.304, "x": 0.058, "y": 0.069 }, "kind": "title", "text": "Financial Outlook", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "db31bbfe-4cef-40a3-8214-534109a00ee4", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 19, "from": 10, "beatId": "924906cf-aa2a-4970-bb1f-1cad89f781e8", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Evidence & Proof", "beatSlug": "consultants-gambit-evidence-proof", "evidence": "The deck presents various financial metrics and growth targets, providing evidence and proof of Nuvei's performance.", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [ { "to": 19, "from": 10, "name": "Quick Win Big Bet", "slug": "47-quick-win-big-bet", "bestFor": "Transformation planning, 100-day plans, resource allocation", "matchId": "bf8a2379-3ca0-45ad-8804-22d03bf7962f", "evidence": "The deck presents various financial metrics and growth targets, highlighting quick wins and big bets.", "position": 1, "objective": "What are the key drivers of Nuvei's growth?", "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap", "confidence": 0.7, "description": "Separate initiatives into immediate wins and longer-term strategic bets" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }