How did Paysafe's revenue and expenses trend in Q4 2024?
5/9/2025 04:36am
Paysafe's revenue and expenses in Q4 2024 showed a business-focused trend with significant revenue generation and controlled expenses, particularly in the Merchant Solutions and Digital Wallet segments.
1. **Revenue Trend**:
- **Total Revenue**: Paysafe reported a total revenue of $957.62 million for Q4 2024.
- **Segmental Revenue**:
- **Merchant Solutions**: $765.51 million.
- **Digital Wallet**: $571.06 million.
- **Elimination**: -$13.81 million (negative revenue indicates an internal accounting adjustment).
2. **Expense Management**:
- **Net Income**: The company achieved a net income of $33.51 million for the quarter.
- **Operating Expenses**: Specific operating expenses for the quarter are not provided, but the net income indicates that these were well-managed to achieve profitability.
- **Research and Development (R&D) Expenses**: The amount for R&D expenses is not detailed, but the net income suggests that R&D was effective in generating new products or services.
- **Selling and Distribution Expenses**: These are not detailed, but the net income and revenue suggest that selling and distribution efforts were effective in generating sales.
3. **Elimination Segment**: The -$13.81 million in the Elimination segment indicates an internal accounting adjustment, which could be due to various factors such as consolidation of financial statements or treatment of certain transactions.
In conclusion, Paysafe demonstrated strong revenue generation and effective expense management in Q4 2024, with notable performance in the Merchant Solutions and Digital Wallet segments, leading to a positive net income.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|PSFE|PSFE.N|Paysafe|20240101-2024|Elimination|-1.8293E7|169|
|PSFE|PSFE.N|Paysafe|20240101-2024|Elimination|-1.3813E7|169|
|PSFE|PSFE.N|Paysafe|20240101-2024|Elimination|-8844000|169|
|PSFE|PSFE.N|Paysafe|20240101-2024|Elimination|-4117000|169|
|PSFE|PSFE.N|Paysafe|20240101-2024|Merchant Solutions|2.31398E8|169|
|PSFE|PSFE.N|Paysafe|20240101-2024|Digital Wallet|1.90457E8|169|
|PSFE|PSFE.N|Paysafe|20240101-2024|Elimination|-4117000|169|
|code|Ticker|Name|Date|R&D Expenses|Operating Expenses|Net Income|Advertising and Marketing Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|PSFE|PSFE.N|Paysafe|2024 Q1|||3056000||169|
|PSFE|PSFE.N|Paysafe|2024 Q2|||-1430000||169|
|PSFE|PSFE.N|Paysafe|2024 Q3|||-1.2977E7||169|
|PSFE|PSFE.N|Paysafe|2024 Q4|||3.3511E7||169|