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Nuvei Corporation (T:NVEI)

Business Focus: Internet Security & Transactions Services

Sector:  Technology Industry:  Internet Services
 
See Regulatory Filings on SEDAR
Company Contact
Address: 900-1100 boul. Rene-Levesque O
MONTREAL QC H3B 4N4
Tel: N/A
Website: N/A
IR: N/A
Key People
Philip Fayer
Chairman of the Board, Chief Executive Officer
David Schwartz
Chief Financial Officer
Mark Pyke
President - North America
Ed Garcia
Chief Operating Officer
Keith Birdsong
Chief Technology Officer
Lindsay Matthews
General Counsel, Company Secretary
Business Overview
Nuvei Corp is a Canada-based company that provides payment technology solutions to merchants and partners in North America, Europe, Asia Pacific and Latin America. The Company's solutions include end-to-end processing including multi-currency authorization and settlement; global gateway for acquirer and processor; checkout solution; smart routing technology; risk and chargeback management and fraud prevention tools and flexible and merchant enrollment, underwriting and onboarding platform. The Company's gateway is a cloud-based system that serves as a single global connection point for mobile commerce, eCommerce and other card-not-present transactions.
Financial Overview
For the three months ended 31 March 2021, Nuvei Corprevenues increased 81% to $149.9M. Net income totaled$26.8M vs. loss of $62.6M. Revenues reflect Revenue Salesof Goods & Services increase of 84% to $147.7M. Net Incomereflects Net loss (gain) on foreign increase from $46.5M(expense) to $445K (income), Interest on loans andborrowings (exclud decrease of 80% to $3.2M (expense).
Employees: 869 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $14,983M as of Mar 31, 2021
Annual revenue (TTM): $551.10M as of Mar 31, 2021
EBITDA (TTM): $232.28M as of Mar 31, 2021
Net annual income (TTM): -$20.98M as of Mar 31, 2021
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $87.80M as of Mar 31, 2021
Shares outstanding: 228,499,795 as of Jul 7, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization