努维公司公布 2021 年第一季度业绩

2021 年 5 月 10 日，蒙特利尔 -Nuvei 公司（以下简称 "Nuvei "或 "公司"）（多伦多证券交易所股票代码：NVEI 和 NVEI.U）是全球知名品牌的支付技术合作伙伴，今天公布了截至 2021 年 3 月 31 日的第一季度财务报告。

"努维公司董事长兼首席执行官菲利普-法耶（Philip Fayer）表示："我们对第一季度的业绩非常满意，核心业务的持续发展和新客户的加速赢得，使我们的总交易量*比2020年第一季度增长了132%，收入增长了80%，调整后息税折旧摊销前利润**增长了97%。"第一季度，我们继续专注于打造领先的解决方案，以促进和帮助我们的客户与他们的客户建立最佳联系，我们拓展了新的市场，增加了多种替代支付方式（"APM"），并推出了支持加密货币支付等新功能。这些举措加上现有客户和新客户交易量的大幅增长，使我们能够在今年和未来很好地推动整体业绩和增长。我们对自己的业绩感到自豪，并上调了 2021 年全年的财务展望。

截至 2021 年 3 月 31 日的三个月财务要点

• 总交易量*增长 132%，从 89 亿美元增至 206 亿美元
• 电子商务约占总交易量的 87
• 收入增长 80%，从 8,320 万美元增至 1.499 亿美元
• 净收入为 2,780 万美元，而净亏损为 6,230 万美元
• 调整后息税折旧摊销前利润**增长 97%，从 3330 万美元增至 6550 万美元
• 调整后的净收入**为 5120 万美元，相比之下为 980 万美元
• 每股净收益为 0.19 美元，而每股净亏损为 0.74 美元
• 调整后摊薄后每股净收益**为 0.35 美元，而去年同期为 0.11 美元

业务要点

• 来自现有商户客户的交易量增长和新客户的加速赢得推动了 Nuvei 第一季度的业绩表现。与 2020 年第一季度相比，2021 年第一季度的新电子商务业务增长了两倍多，这主要归功于公司对直接分销渠道的持续投资和扩展。
• 努韦公司扩大了银行卡收单业务的覆盖范围，在阿根廷、智利、秘鲁和厄瓜多尔推出了本地处理解决方案，同时扩大了在巴西、哥伦比亚和墨西哥的收单能力。公司目前在 44 个市场提供本地收单服务，而在 2020 年底仅为 35 个市场。
• 公司新增了多个 APM，包括巴西的 Pix、越南的 MoMo wallet、巴拿马的 PagueloFacil、智利的 Mach、韩国的 Kakao Pay、泰国的 TrueMoney 和香港的 Alipay HK，使公司的 APM 组合从 2020 年底的 455 个增至 2021 年第一季度末的 470 个。
• 公司最近增加了对近 40 种世界领先加密货币的支付支持，包括比特币、以太坊、比特币现金、莱特币、NEO 和 XRP。有了这项功能，商家现在可以像接受其他任何形式的替代支付方式一样轻松地接受加密货币，而此时加密货币的用户数量正在不断扩大，主流应用也在稳步增加。
• 公司建立了几个新的合作伙伴关系，包括与环球航空旅行计划公司（UATP）建立合作伙伴关系，开始提供全套支付服务，这是 UATP 不断努力为航空公司提供服务、优化支付处理、丰富客户体验和降低交易成本的一部分。UATP 是一个全球支付网络，由世界领先的航空公司拥有和运营，数千家商户接受其航空、铁路和旅行社支付服务。
• 努维继续执行其收购战略，宣布了收购 Mazooma Technical Services Inc.（"Mazooma"）和最近收购 SimplexCC Ltd. （"Simplex"）的最终协议。(简称 "Simplex"）的最终协议。
• Mazooma 是美国在线游戏和体育博彩市场领先的账户对账户支付提供商，收购 Mazooma 将进一步巩固公司在美国在线游戏和体育博彩行业的承诺和地位，通过专门为美国在线游戏开发和使用的领先 ACH 平台以及提供必要的产品功能、供应商注册、合规性和运营基础设施来满足美国任何受监管州的商户要求，从而增强和扩大 Nuvei 的替代支付方式组合。
• 收购加密货币行业支付解决方案提供商 Simplex 将扩大努韦公司的能力，为 190 家流动性提供商和合作伙伴提供定制的反洗钱/了解客户解决方案、交易担保解决方案和增值服务。当最终用户购买/出售加密货币和不可替代代币等数字资产时，这将带来更高的转换率。此外，此次收购还将为 Nuvei 提供电子货币机构许可证，为最终用户和商家提供国际银行账号账户，从而开辟了银行即服务等潜在商机。

财务展望

对于截至 2021 年 6 月 30 日的三个月和截至 2021 年 12 月 31 日的一年，努韦预计总销量、收入和调整后 EBITDA 将在以下范围内。考虑到截至 2021 年 3 月 31 日的三个月期间的强劲表现（Nuvei 的总销量、收入和调整后 EBITDA 均超出了之前的预期）以及业务的持续发展势头，管理层上调了截至 2021 年 12 月 31 日的年度财务展望。

本财务展望完全基于本新闻稿 "前瞻性信息 "标题下所述的一系列假设，并不包括对 Mazooma 或 Simplex 的未决收购。 

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*Total volume does not represent revenue earned by the Company, but rather the total dollar value of transactions processed by merchants under contractual agreement with the Company. Total volume is explained in further detail in the Company’s most recent Management’s Discussion and Analysis of Financial Condition and Results of Operations.

**Adjusted EBITDA and Adjusted net income are non-IFRS measures. See “Non-IFRS Measures”.

Conference Call Information

Nuvei will host a conference call to discuss its first quarter 2021 financial results today May 10, 2021 at 8:30 am ET. Hosting the call will be Philip Fayer, Chair and CEO, and David Schwartz, CFO.

The conference call will be webcast live from the Company’s investor relations website at https://investors.nuvei.com/ under the “Events & Presentations” section. The conference call can also be accessed live over the phone by dialing 877-425-9470 (US/Canada toll-Free), or 201-389-0878 (international). A replay will be available approximately two hours after the call, and can be accessed by dialing 844-512-2921 (US/Canada toll-Free), or 412-317-6671 (international); the conference ID is 13718591. The replay will be available until May 24, 2021. An archive of the webcast will be available at the same location on the website shortly after the call has concluded.

关于努韦

We are Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform connects merchants in 200 markets worldwide with local acquiring in 44 markets, supports 470 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies. Our purpose is to make our world a local marketplace. For more information, visit www.nuvei.com.

Non-IFRS Measures

Nuvei’s unaudited condensed interim consolidated financial statements have been prepared in accordance with IFRS as issued by the International Accounting Standards Board. The information presented in this press release includes non-IFRS financial measures, namely Adjusted EBITDA, Adjusted net income, Adjusted net income per basic share, and Adjusted net income per diluted share. These measures are not recognized measures under IFRS and do not have standardized meanings prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of the Company’s financial information reported under IFRS. Adjusted EBITDA, Adjusted net income, Adjusted net income per basic share, and Adjusted net income per diluted share are used to provide investors with a supplemental measure of the Company’s operating performance and thus highlight trends in Nuvei’s core business that may not otherwise be apparent when relying solely on IFRS measures. The Company’s management also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Nuvei’s management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation. The Company’s management believes Adjusted EBITDA, Adjusted net income, Adjusted net income per basic share and Adjusted net income per diluted share are important supplemental measures of Nuvei’s performance, primarily because they and similar measures are used widely among others in the payment technology industry as a means of evaluating a company’s underlying operating performance.

前瞻性信息

This press release contains “forward-looking information” within the meaning of applicable securities laws, including Nuvei’s outlook on total volume, revenue and Adjusted EBITDA for the three months ending June 30, 2021 and the year ending December 31, 2021. Nuvei’s outlook on revenue and Adjusted EBITDA also constitutes “financial outlook” within the meaning of applicable securities laws and is provided for the purposes of assisting the reader in understanding the Company’s financial performance and measuring progress toward management’s objectives and the reader is cautioned that it may not be appropriate for other purposes. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include but are not limited to those described under the “Risks Factors” section of the Company’s annual information form filed on March 17, 2021. Forward-looking information is based on management’s beliefs and assumptions and on information currently available to management. Particularly, management’s assessments of, and outlook for, total volume, revenue and Adjusted EBITDA set out herein are generally based on the following assumptions: (a) Nuvei’s results of operations will continue as expected, (b) the Company will continue to effectively execute against its key strategic growth priorities, despite the current COVID-19 pandemic and measures taken to contain the virus, (c) the Company will continue to retain and grow its existing customer base while adding new customers, (d) the Company will not complete any acquisitions or divestitures (e) economic conditions will remain relatively stable throughout the period, (f) the industries Nuvei operates in will continue to grow consistent with past experience, (g) there will be no fluctuations in currency exchange rates and volatility in financial markets, (h) there will be no changes in legislative or regulatory matters that negatively impact Nuvei’s business, and (i) current tax laws will remain in effect and will not be materially changed. Although the forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

联系方式

Investors

安东尼-格斯坦

副总裁，投资者关系主管

agerstein@nuvei.com

Consolidated Statements of Profit or Loss and Comprehensive Income or Loss Data

(in thousands of U.S. dollars except for share and per share amounts) 

2020. The weighted average number of common shares outstanding previous to the IPO has been adjusted to take into consideration the Reorganization discussed in Note 17 of the Consolidated Financial Statements for the year ended December 31, 2020.

‍Reconciliation of Adjusted EBITDA to net income (loss)

(In thousands of U.S. dollars)

1. These expenses relate to:

• professional, legal, consulting, accounting and other fees and expenses related to our acquisition activities and financing activities during the period, which were $5.3 million for the three months ended March 31, 2021 (March 31, 2020 – $1.2 million). These costs are presented in the professional fees line item of selling, general and administrative expenses.
• acquisition-related compensation, which was nil for the three months ended March 31, 2021 (March 31, 2020 – $0.2 million). These costs are presented in the employee compensation line item of selling, general and administrative expenses.
• severances, which were immaterial for the three months ended March 31, 2021 (March 31, 2020 – $0.2 million), and integration expenses. Severance costs are presented in the employee compensation line item of selling, general and administrative expenses.

1. These expenses represent non-cash expenses recognized in connection with stock options and other awards issued under share-based plans.
2. This line item primarily represents legal settlements and associated legal costs reached outside of the normal course of business, as well as non-cash gains, losses and provisions and certain other costs. These costs are presented in the other line item of the selling, general and administrative expenses.
3. Adjusted EBITDA is a non-IFRS measure that the Company uses to assess its operating performance and cash flows.
4. Commencing in 2018, the Company entered into various agreements with a single third-party independent sales organization to acquire the rights to future cash flows from a portfolio of merchant contract.

Reconciliation of Adjusted net income to net income (loss)

(In thousands of U.S. dollars except for per share amounts)

1. This line item represents change in redemption value related to shares classified as liabilities prior to the IPO. As part of the IPO, the shares were converted into equity as Subordinate Voting Shares. These expenses are included in finance costs.
2. This line item relates to amortization expense taken on intangible assets created from the purchase price adjustment process on acquired companies and businesses and from the acquisition of all the outstanding shares of Pivotal Holdings Ltd. by Nuvei in September 2017 and excludes amortization expense related to capitalized development costs incurred in the normal course of operations.
3. These expenses relate to:

• professional, legal, consulting, accounting and other fees and expenses related to our acquisition activities and financing activities during the period, which were $5.3 million for the three months ended March 31, 2021 (March 31, 2020 – $1.2 million). These costs are presented in the professional fees line item of selling, general and administrative expenses.
• acquisition-related compensation, which was nil for the three months ended March 31, 2021 (March 31, 2020 – $0.2 million). These costs are presented in the employee compensation line item of selling, general and administrative expenses.
• severances, which were immaterial for the three months ended March 31, 2021 (March 31, 2020 – $0.2 million), and integration expenses. Severance costs are presented in the employee compensation line item of selling, general and administrative expenses.

1. These expenses represent non-cash expenses recognized in connection with stock options and other awards issued under share-based plans.
2. This line item primarily represents legal settlements and associated legal costs reached outside of the normal course of business, as well as non-cash gains, losses and provisions and certain other costs. These costs are presented in the other line item of the selling, general and administrative expenses.
3. This line item reflects income tax expense on taxable adjustments using the tax rate of the applicable jurisdiction.
4. Adjusted net income is a non-IFRS measure that the Company uses to further assess its operating performance.
5. Adjusted net income per diluted share is calculated using stock options outstanding at the end of each period on a fully diluted basis if they were in-the-money at that time.

Consolidated Statements of Financial Position Data

(in thousands of U.S. dollars)

Consolidated Statements of Financial Position Data

(in thousands of U.S. dollars)

‍Consolidated Statements of Cash Flows Data

(in thousands of U.S. dollars)