Sector: Industrials | Industry: Business Support Services |
Company Contact | |
Address: | 1100 Rene-Levesque,9th Floor MONTREAL QC H3B 4N4 |
Tel: | N/A |
Website: | https://nuvei.com |
IR: | See website |
Key People | ||
Philip Fayer Chairman of the Board, Chief Executive Officer | Laura Miller Chief Revenue Officer and Global Head of eCommerce | Yuval Ziv President |
David Schwartz Chief Financial Officer | Vicky Bindra Chief Product and Operations Officer | Nikki Zinman Chief People Officer |
Max Attias Group Chief Technology Officer | Keith Birdsong Chief Technology Officer | Lindsay Matthews General Counsel, Company Secretary | Neil Erlick Chief Corporate Development Officer |
Business Overview |
Nuvei Corporation is a fintech company. The Company provides electronic payment technology solutions to merchants and partners in North America, Europe, Middle East and Africa, Latin America and Asia-Pacific. Its solutions span the entire payments stack and include an integrated payments engine with global processing capabilities and a suite of data-driven business intelligence tools and risk management services. The Company platform provides pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide. Its platform supports for more than 634 alternative payment methods, and over 150 currencies. It also enables online payments, mobile payment and in-store payments. Its platform enables customers to accept payments worldwide regardless of their customers' location, device or preferred payment method. Its technology includes gateway, currency management, global payouts, card issuing, open banking, data reporting and reconciliation tools. |
Financial Overview |
For the fiscal year ended 31 December 2023, Nuvei Corp revenues increased 41% to $1.19B. Net loss totaled $7.8M vs. income of $56.7M. Revenues reflect Northern America segment increase of 91% to $642.6M, Europe,Middle East and Africa segment increase of 5% to $487.8M. Net loss reflects Selling, General & Administrative increase of 87% to $366.7M (expense), Interest on loans and borrowings (exclud increase from $26.2M to $103.3M (expense). |
Employees: | 2,352 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $7,395M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,614M as of Dec 31, 2023 |
EBITDA (TTM): | $474.70M as of Dec 31, 2023 |
Net annual income (TTM): | -$10.63M as of Dec 31, 2023 |
Free cash flow (TTM): | $235.51M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,479M as of Dec 31, 2023 |
Shares outstanding: | 139,485,926 as of Mar 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |