{ "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": 31, "pageCount": 46, "prevPage": 30, "nextPage": 32, "slideType": "revenue_buildup", "function": "decompose_segments", "density": "dense", "nDataPoints": 48, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de516-a609-7563-aede-bbf14d2877d7/31", "deckHref": "/decks/019de516-a609-7563-aede-bbf14d2877d7", "deckJsonHref": "/decks/019de516-a609-7563-aede-bbf14d2877d7.json", "deckAnchorHref": "/decks/019de516-a609-7563-aede-bbf14d2877d7#slide-31", "components": [ { "bbox": { "h": 0.04, "w": 0.099, "x": 0.86, "y": 0.07 }, "kind": "image", "text": "nuvei", "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d2eb4aab-851a-4303-9893-a27988a7c7b6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.569, "w": 0.395, "x": 0.574, "y": 0.18 }, "kind": "source-note", "text": "a. These expenses relate to:\ni. professional, legal, consulting, accounting and other fees and expenses related to our acquisition and financing activities. For the three months and six months ended June 30, 2023, these expenses were $1.1 million and $19.6 million ($0.5 million and $3.3 million for the three months and six months ended June 30, 2022). These costs are presented in the professional fees line item of selling, general and administrative expenses.\nii. acquisition-related compensation was $0.7 million and $2.8 million for the three months and six months ended June 30, 2023 and $3.4 million and $6.8 million for the three months and six months ended June 30, 2022. These costs are presented in the employee compensation line item of selling, general and administrative expenses.\niii. change in deferred purchase consideration for previously acquired businesses. No amount was recognized for the three months and six months ended June 30, 2023, and a gain of $0.5 million was recognized for the three months and six months ended June 30, 2022. These amounts are presented in the contingent consideration adjustment line item of selling, general and administrative expenses.\niv. severance and integration expenses, which were $4.8 million and $9.5 million for the three months and six months ended June 30, 2023 ($0.2 million and $0.6 million for the three months and six months ended June 30, 2022). These expenses are presented in selling, general and administrative expenses.\nb. These expenses represent expenses recognized in connection with stock options and other awards issued under share-based plans as well as related payroll taxes that are directly attributable to share-based payments. For the three months and six months ended June 30, 2023, the expenses consisted of non-cash share-based payments of $35.9 million and $71.4 million ($32.7 million and $69.9 million for three months and six months ended June 30, 2022), $0.4 million and $0.9 million for related payroll taxes ($0.1 million for the three months and six months ended June 30, 2022).\nc. This line item primarily represents legal settlements and associated legal costs, as well as non-cash gains, losses and provisions and certain other costs. These costs are presented in selling, general and administrative expenses.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1c30022c-1fd2-415e-b3cb-b621aef61ffd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.59, "w": 0.51, "x": 0.048, "y": 0.189 }, "kind": "table", "text": "Reconciliation of Adjusted EBITDA and Adjusted EBITDA less capital expenditures to Net Income (In thousands of US dollars)\nThree months ended June 30\nSix months ended June 30\n2023\n2022\n2023\n2022\nNet income\n11,617\n35,083\n3,328\n39,597\nFinance cost (recovery)\n29,318\n(1,973)\n47,786\n5,768\nFinance income\n(961)\n(1,665)\n(6,336)\n(2,296)\nDepreciation and amortization\n35,925\n27,046\n63,581\n53,489\nIncome tax expense\n2,486\n5,831\n6,364\n14,443\nAcquisition, integration and severance costs(a)\n3,612\n25,318\n10,166\nShare-based payments and related payroll taxes(b)\n32,704\n36,067\n69,944\nLoss (gain) on foreign currency exchange\n(11,115)\n(8,467)\n(12,513)\n(7,887)\nLegal settlement and other(c)\n682\n(43)\n1,207\nAdjusted EBITDA\n92,853\n96,282\n184,431\nAcquisition of property and equipment, and intangible assets\n(14,366)\n(12,026)\n(27,045)\n(21,087)\nAdjusted EBITDA less capital expenditures\n95,941\n80,827\n179,544\n163,344", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "81783792-3d5f-4f0a-948d-a0cf004634fb", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.64, "x": 0.048, "y": 0.07 }, "kind": "title", "text": "Reconciliation of Adjusted EBITDA and Adjusted EBITDA Less Capital Expenditures to Net Income (Loss)", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "807696a1-7414-436c-8583-0aa0dba2c87d", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 46, "from": 20, "beatId": "a89567b2-0a95-49a2-9ed8-d82f2bf01342", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Satisfaction", "beatSlug": "monroes-sequence-satisfaction", "evidence": "The deck concludes with an appendix and financial outlook, providing satisfaction and a comprehensive view of Nuvei's performance.", "position": 4, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }