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Shift4 Payments Inc (N:FOUR)

Business Focus: Transaction & Payment Services

Sector:  Industrials Industry:  Business Support Services
 
See Regulatory Filings on SEC
Company Contact
Address: 3501 Corporate Parkway
CENTER VALLEY PA 18034
Tel: N/A
Website: https://www.shift4.com
IR: See website
Key People
Jared Isaacman
Chairman of the Board, Chief Executive Officer, Founder
Taylor Lauber
President, Chief Strategy Officer
Nancy Disman
Chief Financial Officer
Jordan Frankel
Secretary, General Counsel and Executive Vice President, Legal, Risk and Compliance
   
Business Overview
Shift4 Payments, Inc. is engaged in commerce-enabling technology. The Company is an independent provider of software and payment processing solutions in the United States based on the total volume of payments processed. Its payments platform provides omnichannel card acceptance and processing solutions across multiple payment types, including credit, debit, contactless card, Europay, MasterCard and Visa (EMV), QR Pay, and mobile wallets, as well as alternative payment methods, such as Apple Pay, Google Pay, Alipay and WeChat Pay. Through its proprietary gateway, its payments platform is integrated with over 500 software suites. In addition, it enables connectivity with payment processors, alternative payment rails and many different payment devices. Its suite of technology solutions includes SkyTab POS, VenueNext, Lighthouse, SkyTab Mobile, The Giving Block, Shift4Shop, and Marketplace. Its SkyTab POS offering helps its merchants scale their business and improve operational efficiency.
Financial Overview
For the fiscal year ended 31 December 2023, Shift4 Payments Inc revenues increased 29% to $2.56B. Net income increased 15% to $86.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Revaluation of contingent liabilities increase from $36.6M (income) to $23.1M (expense), Amortization of Intangibles increase of 74% to $111.2M (expense).