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). |