ヌヴェイは米ドル建てで、国際財務報告基準(IFRS)に準拠して報告している。
MONTREAL, March 8, 2022 – Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, today reported its financial results for the three months and year ended December 31, 2021.
“Our team delivered an excellent quarter in which we exceeded our financial outlook, capping off an exceptional year,” said Nuvei Chair and CEO Philip Fayer. “Our revenue increased 83% for the fourth quarter and 93% for the full year 2021. Total volume increased 127% to $31.5 billion for the quarter, and 121% to $95.6 billion for the year. We have made tremendous progress while investing in our flexible, scalable, modular technology platform to address the rapidly evolving global and local needs of our customers. As our addressable market increases, four pillars underpin our trajectory and remain central to our strategic priorities in driving the future of commerce: product innovation, growth with existing customers, attracting new customers, and acquisitions. These lay the foundation for us to build on our momentum which is reflected in the financial outlook we are providing today of revenue between $940 million and $980 million, representing year-over-year growth of 30% to 35%. I am extremely pleased with our results and remain very excited about our future. ”
Financial Highlights for the Three Months Ended December 31, 2021
- Total volume(1) increased 127% to $31.5 billion from $13.9 billion
- eコマースが総取扱高の88%を占める
- Revenue increased 83% to $211.9 million from $115.9 million
- Organic revenue growth(2) was 55% with Organic revenue(2) increasing to $179.1 million from $115.9 million;
- Net income decreased to $12.3 million from $22.6 million, primarily due to a $29.7 million increase in share-based payments to employees who joined the Company as part of acquisitions completed during the third quarter and other employee incentive grants
- Adjusted EBITDA(2) increased 78% to $91.5 million from $51.3 million
- Adjusted net income(2) increased 52% to $70.6 million from $46.5 million
- Net income per diluted share was $0.07 compared to $0.16
- Adjusted net income(2) per diluted share was $0.47 compared to $0.33
Financial Highlights for the Year Ended December 31, 2021
- Total volume(1) increased 121% to $95.6 billion from $43.2 billion
- eCommerce represented 86% of total volume
- Revenue increased 93% to $724.5 million from $376.2 million
- Organic revenue growth(2) was 61% with Organic revenue(2) increasing to $600.9 million from $373.7 million.
- Net income increased by $210.7 million to $107.0 million compared to a net loss of $103.7 million
- Adjusted EBITDA(2) increased 95% to $317.2 million from $163.0 million
- Adjusted net income(2) increased 179% to $248.6 million from $89.0 million
- Net income per diluted share was $0.71 compared to a net loss per share of $1.08
- Adjusted net income(2) per diluted share was $1.69 compared to $0.85
- Cash flow from operating activities increased by 182% to $266.9 million from $94.8 million
- Free cash flow(2) increased by 100% to $290.1 million from $145.1 million
- Cash balance of $748.6 million at December 31, 2021 compared to $180.7 million at December 31, 2020
オペレーション・ハイライト
- Revenue for the fourth quarter 2021, increased 117% to $127.9 million in Europe, the Middle East and Africa, increased 47% to $76.2 million in North America, increased 93% to $6.4 million in Latin America (LATAM), and decreased 19% to $1.4 million in Asia Pacific (APAC).
- The Company added 75 new employees in the fourth quarter, ending the year with 1,368 employees at December 31, 2021.
- Nuvei expanded local card acquiring capabilities in the United Arab Emirates (UAE) and enhanced its payment capabilities enabling customers to accept local payments methods in Latin America (LATAM). The Company now offers local acquiring in 46 countries.
- The Company secured licenses with Visa in Hong Kong and Singapore as part of its ongoing expansion plans.
- The Company enhanced its global payment capabilities by enabling smart routing of payments across the United Kingdom (UK) and Europe, with Faster Payments in the UK and instant and regular Single Euro Payments Area (SEPA) in Europe. Smart routing of instant and regular payments improves acceptance rates and lowers fraud exposure.
- The Company is prepared for the launch of regulated online gaming and sports betting in the Canadian province of Ontario set to go live on April 4, 2022. With local acquiring services, connectivity to all local APMs, including Interac, and a full stack payout solution, Nuvei is well positioned to support licensed operators in the province.
- The Company expanded its on-ramp and off-ramp solution offerings for Simplex by supporting an additional 11 coins and added 34 new digital asset providers as well as several non-fungible token (NFT) platforms, which include NFTStar, License Rocks, and RMRK. Nuvei supported 109 coins and 89 fiat currencies as at December 31, 2021.
- Nuvei continued to add multiple new alternative payment methods, including India Payouts, Bizum, Okto Cash, as well as several digital wallets in APAC including Kakao Pay, Toss Payments, SSGPAY, Samsung Pay, payco, Ipay, Boost, GrabPay, and ShopeePay. The Company supported 528 APMS at December 31, 2021.
財務見通し(3)
Nuvei is providing the following financial outlook for the three months ending March 31, 2022 and the fiscal year ending December 31, 2022. The financial outlook and specifically the Adjusted EBITDA(2) reflects the Company’s strategy to accelerate its investment in distribution, marketing, innovation, and technology.
財務見通しは、本プレスリリースの「将来の見通しに関する情報」の見出しに記載されているように、多くの仮定に基づくものであり、多くのリスクを伴うものです。また、ヌヴェイの見通しは、適用される証券取引法の意味における「財務見通し」を構成するものであり、読者が当社の財務業績を理解し、経営目標に向けた進捗状況を測定することを支援する目的で提供されるものであり、他の目的には適切でない可能性があることにご留意ください。
|
Three months ending March 31, |
12月31日に終了する年度、 |
|
2022 |
2022 |
|
未来志向 |
未来志向 |
(単位:米ドル) |
$ |
$ |
総量(1)(単位:億) |
28 – 29 |
127 - 132 |
収入(単位:百万ドル) |
208 – 214 |
940 - 980 |
調整後EBITDA(2) (単位:百万ドル) |
82 – 85 |
407 - 425 |
Growth Targets(4)
Nuvei’s medium-term(5) annual growth targets for Total volume(1) and revenue, as well as its longer-term target for Adjusted EBITDA margin(2), are shown in the table below. These medium(5) and long-term(5) targets should not be considered as projections, forecasts or expected results but rather goals that we seek to achieve from the execution of our strategy over time, through geographic expansion, product innovation, growing wallet share with existing customers and new customer wins.
|
成長目標(4) |
総量(1) |
中期的に前年比年率30%以上の成長(5) |
収益 |
中期的に前年比年率30%以上の成長(5) |
調整後EBITDAマージン(2) |
50% over the long term(5) |
(1) 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. See “Supplementary Financial Measures” below.
(2) Adjusted EBITDA, Adjusted EBITDA margin, Organic revenue, Organic revenue growth, Adjusted net income, Adjusted net income per diluted share and Free cash flow are non-IFRS measures. See “Non-IFRS Measures”.
(3)収益に関するもの以外は、非IFRSベースのガイダンスのみを提供しています。当社は、将来予想調整後EBITDA(非IFRSベース)と当期純利益(損失)の調整については、そのような調整に必要な特定の金額の予測および定量化が本質的に困難であるため、提供していない。重要な買収や売却が予想されない期間においては、従業員給付金、手数料、減価償却費など、特定の費用につ いてIFRSに相当する金額を予測する根拠があると当社は考えている。しかし、予想当期純利益(損失)の算定に使用される株式報酬、純金融費用、公正価値で計上される金融商品に係る利 益(損失)、当期及び繰延税金などのその他の控除は、実際の事象により大きく変動する可能性があるため、IFRSに基 づく予想当期純利益(損失)の算定に必要なすべての控除を合理的な確実性をもって予測することはできない。これらの控除額は重要である可能性があり、その結果、IFRSの予想当期純利益(損失)がIFRSの予想調整後EBITDA(非IFRS)を大幅に下回る可能性があります。これらの記述は将来の見通しに関する情報であり、財務見通しを示す可能性があり、実際の結果は異なる可能性があります。本プレスリリースの「将来の見通しに関する情報」の見出しに記載されているリスクと仮定をご参照ください。
(4) これらの成長目標は、本プレスリリースの「将来の見通しに関する情報」の見出しに記載されているように、多くの仮定に基づく完全な限定的なものであり、多くのリスクの影響を受けます。これらの成長目標は、当社が戦略的優先事項を実行する際の道標となるものであり、正常な事業環境、当社の中核事業の継続的な勢いと業績、および当社がサービスを提供する垂直市場における良好な追い風を前提としています。経済環境、市場環境、規制環境の変化に応じて、これらの成長目標を見直し、修正します。
(5) 「中期」および「長期」は、当社が定義したものではなく、また定義する予定もありません。これらの目標は、予測、予想、または期待される成果として考慮されるべきではなく、むしろ時間の経過とともに当社の戦略の実行から達成しようとする目標である。これらの成長目標は、本プレスリリースの「将来予測情報」の見出しに記載されているように、多くの仮定に基づくものであり、多くのリスクを伴うものです。これらの目標は、読者が当社の財務実績を理解し、経営目標に向けた進捗状況を測定する際の一助とする目的で提供されており、他の目的には適切でない可能性があることにご留意ください。
Launch of Normal Course Issuer Bid
The Company has authorized, and the Toronto Stock Exchange (the “TSX”) has approved, a normal course issuer bid (the “NCIB”) to purchase for cancellation up to 6,617,416 subordinate voting shares of Nuvei over the twelve-month period commencing on March 10, 2022 and ending no later than March 9, 2023, representing approximately 10% of the “public float” (as defined in the TSX Company Manual) of the subordinate voting shares issued and outstanding as at February 28, 2022. Subject to the required regulatory approvals, the NCIB will be conducted through the facilities of the TSX and the NASDAQ Global Select Market (the “Nasdaq”) or alternative trading systems, if eligible, and will conform to their regulations. Subordinate voting shares will be acquired under the NCIB at the market price plus brokerage fees.
Purchases under the NCIB may be made by means of open market transactions, including through an automatic share purchase plan, privately negotiated transactions or such other means as a securities regulatory authority may permit. In the event that the Company acquires subordinate voting shares other than through open market purchases, the purchase price of the subordinate voting shares may be different than the market price of the subordinate voting shares at the time of the acquisition. Purchases made under an issuer bid exemption order will be at a discount to the prevailing market price as per the terms of the order.
Furthermore, under the NCIB, Nuvei may make, once per week, a block purchase (as such term is defined in the TSX Company Manual) at market price, in accordance with TSX rules and applicable securities laws. Under TSX rules, block purchases may not be made, directly or indirectly, from any insider of the Company. Nuvei will otherwise be allowed, subject to applicable securities laws, to purchase daily, through the facilities of the TSX, a maximum of 120,910 subordinate voting shares representing 25% of the average daily trading volume of 483,642 subordinated voting shares, as calculated per the TSX rules for the six-month period starting on September 1, 2021 and ending on February 28, 2022.
Nuvei believes that the purchase of its subordinate voting shares under the NCIB is an appropriate investment by it since, in its view, market prices from time to time may not reflect the underlying value of Nuvei’s business. Actions in connection with the NCIB will be subject to various factors, including Nuvei’s capital and liquidity positions, accounting and regulatory considerations, Nuvei’s financial and operational performance, alternative uses of capital, the trading price of Nuvei’s subordinate voting shares and general market conditions. The NCIB does not obligate Nuvei to acquire a specific dollar amount or number of shares and may be extended, modified, or discontinued at any time. Nuvei has not repurchased any of its outstanding subordinate voting shares under a normal course issuer bid in the past 12 months.
Supplementary Financial Information
Nuvei is today providing one-time Supplementary Financial Information for the fiscal years 2020 and 2021, with the intent of helping investors better understand the components of the Company’s revenue and its growth profile. All revenue and percentages in the Supplementary Financial Information section are, or are derived from, components of revenue as calculated in accordance with the accounting policies used to prepare the revenue figure presented in the Company’s financial statements under IFRS. The Company does not intend to provide Supplementary Financial Information on an on-going basis.
Revenue by channel
The following table provides a revenue breakdown by channel:
|
Years ended
December 31 |
|
Change |
(In thousands of U.S. dollars, except for percentages) |
2021 |
2020 |
|
|
|
$ |
$ |
|
$ |
% |
Global eCommerce direct |
486,511 |
211,667 |
|
274,844 |
130 % |
Small and medium-sized businesses |
136,682 |
116,627 |
|
20,055 |
17 % |
eCommerce reseller |
101,333 |
47,932 |
|
53,401 |
111 % |
収益 |
724,526 |
376,226 |
|
348,300 |
93 % |
Small and medium-sized businesses revenue represents revenue mainly derived from transactions where the physical card is presented at the point of sale. eCommerce revenue represents revenue derived from transactions where the physical card is not presented. Global eCommerce direct revenue represents revenue from merchant relationships developed by the Company’s direct sales representatives. eCommerce reseller revenue represents revenue from merchant relationships developed by sales partners.
Revenue by vertical
The following table provides a revenue breakdown by vertical based on the merchant classification:
|
Years ended
December 31 |
|
Change |
(In thousands of U.S. dollars, except for percentages) |
2021 |
2020 |
|
|
|
$ |
$ |
|
$ |
% |
Regulated online gaming |
180,843 |
93,502 |
|
87,341 |
93 % |
金融サービス |
95,779 |
62,589 |
|
33,190 |
53 % |
Consumer retail |
93,941 |
68,113 |
|
25,828 |
38 % |
Digital assets and cryptocurrencies |
80,486 |
4,664 |
|
75,822 |
1626 % |
Digital goods & services (a) |
53,124 |
42,404 |
|
10,720 |
25 % |
Social gaming |
52,144 |
8,627 |
|
43,517 |
504 % |
Industrials, building material and construction |
42,093 |
34,841 |
|
7,252 |
21 % |
Healthcare |
27,934 |
18,714 |
|
9,220 |
49 % |
Restaurants |
23,599 |
18,626 |
|
4,973 |
27 % |
Associations & co-operatives |
23,293 |
1,000 |
|
22,293 |
2229 % |
Professional services |
13,698 |
8,448 |
|
5,250 |
62 % |
Travel |
7,922 |
5,063 |
|
2,859 |
56 % |
Online retail (b) |
7,280 |
5,958 |
|
1,322 |
22 % |
Charitable, funeral, government and child care services |
3,050 |
2,437 |
|
613 |
25 % |
Energy & utilities |
2,792 |
1,240 |
|
1,552 |
125 % |
Simplex (c) |
16,548 |
— |
|
16,548 |
n.m. |
収益 |
724,526 |
376,226 |
|
348,300 |
93 % |
(a) Digital goods & services means products and services for which the consumers buy intangible goods and services online.
(b) Online retail means retail for which the consumers buy tangible goods and services directly online.
(c) Through its proprietary fraud and risk management tools, Simplex provides zero-chargeback guarantee to its customers.
Revenue by acquiring and modular technology
The following table provides acquiring and modular technology revenue. Acquiring revenue represents revenue derived from the credit and debit card association networks. Modular technology revenue represents revenue derived from our proprietary platforms and includes, for example, gateway, global processing, APMs, currency management, global payouts, fraud risk management, card issuing, cryptocurrency payments, open banking, data reporting, reconciliation tools, in addition to a long list of value add capabilities:
|
Years ended
December 31 |
|
Change |
(In thousands of U.S. dollars, except for percentages) |
2021 |
2020 |
|
|
|
$ |
$ |
|
$ |
% |
Acquiring |
451,413 |
261,376 |
|
190,037 |
73 % |
Modular technology |
273,113 |
114,850 |
|
158,263 |
138 % |
収益 |
724,526 |
376,226 |
|
348,300 |
93 % |
Revenue by recent annual cohort
The following table provides revenue by cohort which represents revenue based on the year in which the new merchants are boarded:
|
Years ended
December 31 |
|
Change |
(In thousands of U.S. dollars, except for percentages) |
2021 |
2020 |
|
|
|
$ |
$ |
|
$ |
% |
2019 and before |
460,542 |
334,710 |
|
125,832 |
38 % |
2020 |
192,657 |
41,516 |
|
151,141 |
364 % |
2021 |
71,327 |
— |
|
71,327 |
n.m. |
収益 |
724,526 |
376,226 |
|
348,300 |
93 % |
The following table provides revenue by cohort for Global eCommerce direct channel based on the year in which the new merchants are boarded:
|
Years ended
December 31 |
|
Change |
(In thousands of U.S. dollars, except for percentages) |
2021 |
2020 |
|
|
|
$ |
$ |
|
$ |
% |
2019 and before |
276,168 |
184,484 |
|
91,684 |
50 % |
2020 |
152,290 |
27,183 |
|
125,107 |
460 % |
2021 |
58,053 |
— |
|
58,053 |
n.m. |
収益 |
486,511 |
211,667 |
|
274,844 |
130 % |
Net revenue retention rate
The following table provides Net revenue retention rate which is calculated by dividing revenue earned in a specific period by the revenue earned from the same customers in the corresponding period of the previous year. Our calculation of Net revenue retention rate for a given period only includes revenue from customers that were customers during the corresponding period of the previous year, and excludes revenue from new business onboarded during the last 12 months:
|
Years ended
December 31 |
(In percentages) |
2021 |
2020 |
% |
% |
Net revenue retention rate – Global eCommerce direct |
179 % |
152 % |
Net revenue retention rate |
146 % |
101 % |
Transaction count by tender type
The following table provide the number of transactions processed on Nuvei’s platform by tender type :
Conference Call Information
Nuvei will host a conference call to discuss its fourth quarter and 2021 financial results today, Tuesday, March 8, 2022 at 8:30 am ET. Hosting the call will be Philip Fayer, Chair and CEO, and David Schwartz, CFO.
カンファレンス・コールは、当社のIRウェブサイト(https://investors.nuvei.com)の「イベント&プレゼンテーション」セクションからウェブキャストで生中継される。リプレイは電話会議終了後、IRウェブサイトでご覧いただけます。
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 one hour 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 13726674. The replay will be available through Tuesday, March 22, 2022.
Capital Markets Day 2022
Nuvei will host its inaugural Capital Markets Day in New York, on Monday March 28, 2022.
Management will provide an in-depth look and update on the Company’s business, products, and market opportunities, with time for Q&A. Presentations are scheduled to start at 10:00 AM Eastern Time and conclude at approximately 2:00 PM Eastern Time. Registration is required to attend the event in person and will be limited (and subject to change) due to COVID-19 protocols.
All are invited to listen to an online presentation which will be available on the Company’s investor relations website at https://investors.nuvei.com under the “Events & Presentations” section.
ヌヴェイについて
We are Nuvei (Nasdaq: NVEI) (TSX: NVEI), 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 provides seamless pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide, with local acquiring in 46 markets. With support for more than 530 alternative payment methods including cryptocurrencies, and nearly 150 currencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.
詳細はwww.nuvei.com。
非IFRSおよびその他の財務指標
Nuvei’s audited 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, non-IFRS financial ratios and supplementary financial measures, namely Adjusted EBITDA, Adjusted EBITDA margin, Organic Revenue, Organic revenue growth, Adjusted net income, Adjusted net income per basic share, Adjusted net income per diluted share, Free cash flow, Total volume and eCommerce volume. 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 our results of operations from our 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. These measures are used to provide investors with additional insight of our operating performance and thus highlight trends in Nuvei’s core business that may not otherwise be apparent when relying solely on IFRS measures. We also believe that securities analysts, investors and other interested parties frequently use these non-IFRS and other financial measures in the evaluation of issuers. We also use these 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. We believe these measures are important additional measures of our 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.
非IFRS財務指標
Adjusted EBITDA: We use Adjusted EBITDA as a means to evaluate operating performance, by eliminating the impact of non-operational or non-cash items. Adjusted EBITDA is defined as net income (loss) before finance costs, finance income, depreciation and amortization, income tax expense, acquisition, integration and severance costs, share-based payments and related payroll taxes, loss (gain) on foreign currency exchange, and legal settlement and other.
オーガニック・レベニュー当社では、有機的収益を業績評価の手段として使用している。この指標は、有機的成長および買収に関連した成長に関する洞察の提供に役立ち、比較可能な収益の成長に関する有用な情報を提示する。有機的収益とは、買収後12ヶ月間の買収事業に帰属する収益を除いた収益、および売却事業に帰属する収益を除いた収益を意味する。
In prior periods, we presented different adjusted revenue non-IFRS measures. As we continue to execute on our acquisition strategy and align with other companies in our industry, we believe that Organic revenue and Organic revenue growth are useful means of evaluating our performance and help provide insight on organic and acquisition-related growth. As our level of acquisitiveness has increased in recent periods, we believe these measures present more useful information about comparable growth in the period.
Adjusted net income: We use Adjusted net income as an indicator of business performance and profitability with our current tax and capital structure. Adjusted net income is defined as net income (loss) before acquisition, integration and severance costs, share-based payments and related payroll taxes, loss (gain) on foreign currency exchange, amortization of acquisition-related intangible assets, and the related income tax expense or recovery for these items. Adjusted net income also excludes change in redemption value of liability-classified common and preferred shares and accelerated amortization of deferred transaction costs and legal settlement and other.
Free cash flow: We use Free cash flow as a supplementary indicator of our operating performance. Free cash flow means, for any period, Adjusted EBITDA less capital expenditures.
非IFRS財務比率
Adjusted EBITDA margin: Adjusted EBITDA margin means Adjusted EBITDA divided by revenue.
基本的1株および希薄化後1株当たり調整後純利益:基本的1株当たり調整後当期純利益および希薄化後1株当たり調整後当期純利益は、1株当たりの業績および収益性を示す指標として使用しています。基本的1株当たり調整後当期純利益および希薄化後1株当たり調整後当期純利益とは、調整後当期純利益から非支配持分に帰属する当期純利益を控除した金額を、基本的および希薄化後の期中平均発行済普通株式数で除したものを意味する。希薄化後1株当たり調整後当期純利益の計算において、希薄化後加重平均発行済普通株式数に使用される株式報酬の 数は、IFRSで認められている自己株式法を用いて決定される。
有機的収益の伸び:既存事業売上高成長率とは、既存事業売上高の前年同期比増減を前期の既存事業売上高で除したものである。当社では、前年同期と比較可能なベースで事業の収益動向を評価するため、有機的収益成長率を使用している。
補足財務指標
当社は以下の主要業績指標を監視し、事業の評価、業績の測定、事業に影響を及ぼす傾向の特定、事業計画の策定、戦略的意思決定に役立てています。当社の主要業績指標は、他社が使用する同様の主要業績指標とは異なる方法で算出される場合があります。
Total volume and eCommerce volume: We believe Total volume and eCommerce volume are indicators of performance of our business. Total volume and similar measures are used widely among others in the payments industry as a means of evaluating a company’s performance. We define Total volume as the total dollar value of transactions processed in the period by merchants under contractual agreement with us. eCommerce volume is the portion of Total volume for which the transaction did not occur at a physical location. Total volume and eCommerce volume do not represent revenue earned by us. Total volume includes acquiring volume, where we are in the flow of funds in the settlement transaction cycle, gateway/technology volume, where we provide our gateway/technology services but are not in the flow of funds in the settlement transaction cycle as well as the total dollar value of transactions processed relating to alternative payment methods and payouts. Since our revenue is primarily sales volume and transaction-based, generated from merchants’ daily sales and through various fees for value-added services provided to our merchants, fluctuations in Total volume will generally impact our revenue.
将来予測情報
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 March 31, 2022 and the year ending December 31, 2022 as well as medium and long-term targets on Total volume, Revenue and Adjusted EBITDA margin. This forward-looking information is identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, or “continue”, the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking information contains these terms and phrases. Particularly, information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate, expectations regarding industry trends and the size and growth rates of addressable markets, our business plans and growth strategies, addressable market opportunity for our solutions, expectations regarding growth and cross-selling opportunities and intention to capture an increasing share of addressable markets, the costs and success of our sales and marketing efforts, intentions to expand existing relationships, further penetrate verticals, enter new geographical markets, expand into and further increase penetration of international markets, intentions to selectively pursue and successfully integrate acquisitions, and expected acquisition outcomes and benefits, future investments in our business and anticipated capital expenditures, our intention to continuously innovate, differentiate and enhance our platform and solutions, expected pace of ongoing legislation of regulated activities and industries, our competitive strengths and competitive position in our industry, expectations regarding our revenue, revenue mix and the revenue generation potential of our solutions, expectations regarding our margins and future profitability, our financial outlook and guidance as well as medium and long-term targets in various financial metrics, and the future impact of the COVID-19 pandemic is forward-looking information.
また、将来の出来事や状況に関する期待、意図、予測、その他の特徴に言及する記述には、将来見通し情報が含まれています。将来見通し情報を含む記述は過去の事実ではなく、将来の出来事や状況に関する経営陣の期待、見積もり、予測を表しています。また、財務見通しおよび目標は、場合により、適用される証券取引法の意味における「財務見通し」に該当する可能性があり、読者が当社の財務実績を理解し、経営目標に向けた進捗状況を測定することを支援する目的で提供されるものであり、他の目的には適切でない可能性があることにご留意ください。
Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond our 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, the risk factors described in greater detail under “Risk Factors” of the Company’s annual information form (the “AIF”) such as: risks relating to our business and industry, such as the ongoing COVID-19 pandemic, including the resulting global economic uncertainty and measures taken in response to the pandemic; the rapid developments and change in our industry; intense competition both within our industry and from other payments methods; challenges implementing our growth strategy; challenges to expand our product portfolio and market reach; challenges in expanding into new geographic regions internationally and continuing our growth within our markets; challenges in retaining existing clients, increasing sales to existing clients and attracting new clients; managing our growth effectively; difficulty to maintain the same rate of revenue growth as our business matures and to evaluate our future prospects; history of net losses and additional significant investments in our business; our level of indebtedness; risks associated with past and future acquisitions; challenges related to a significant number of our merchants being small-and-medium sized businesses (“SMBs”); concentration of our revenue from payment services; compliance with the requirements of payment networks; challenges related to the reimbursement of chargebacks from our merchants; our bank accounts being located in multiple territories and relying on banking partners to maintain those accounts; the impact of the United Kingdom’s departure from the European Union; decline in the use of electronic payment methods; changes in foreign currency exchange rates affecting results of operations; deterioration in the quality of the products and services offered; loss of key personnel or difficulties hiring qualified personnel; impairment of a significant portion of intangible assets and goodwill; increasing fees from payment networks; challenges related to general economic and geopolitical conditions, business cycles and credit risks of our clients; reliance on third-party partners to sell some of our products and services; misappropriation of end-user transaction funds by our employees; frauds by merchants, their customers or others; coverage of our insurance policies; the degree of effectiveness of our risk management policies and procedures in mitigating our risk exposure; the integration of a variety of operating systems, software, hardware, web browsers and networks in our services; the costs and effects of pending and future litigation; various claims such as wrongful hiring of an employee from a competitor, wrongful use of confidential information of third parties by our employees, consultants or independent contractors or wrongful use of trade secrets by our employees of their former employers; challenges to secure financing on favorable terms or at all; challenges from seasonal fluctuations on our operating results; risks associated with less than full control rights of some of our subsidiaries; changes in accounting standards; estimates and assumptions in the application of accounting policies; occurrence of a natural disaster, a widespread health epidemic or pandemic or other events; impacts of climate change; challenges related to our holding company structure, as well as risks relating to intellectual property and technology, risks relating to regulatory and legal proceedings and risks relating to our Subordinate Voting Shares.
将来予想に関する情報は、特に一般的な経済状況および業界内の競争環境に関する経営陣の確信および仮定、ならびに経営陣が現在入手可能な情報に基づくものであり、以下の仮定を含みます:(a)Nuveiの経営成績および適切なマージンを達成する能力が経営陣の期待通りに推移すること、(b)COVID-19の大流行が当社または加盟店の事業、財務状況、業績、流動性に重大な悪影響を及ぼすことなく、また当社の製品およびサービスに対する需要が大幅に減少することなく、当社の主要な戦略的成長優先事項に対して効果的な実行を継続すること、(c)加盟店および顧客の事業失敗による損失が予想される水準に維持されること、(d)高成長分野での既存顧客との関係を維持し、成長させながら、既存および新規の地域において、当社の技術を採用する新規顧客を過去の水準以上で増加させることにより、対応可能な市場のシェアを拡大する当社の能力、(e)条件および価格の変更を含め、競合他社の製品またはサービスに対する競争力を維持する当社の継続的能力、(f)成長を効果的に管理する当社の継続的能力、(g)当社の計画および戦略を達成するために必要な重要な人材および人材を引き続き引き付け、維持する当社の能力、(h)買収を成功裏に特定し、完了させ、統合し、期待される利益を実現し、関連するリスクを管理する当社の能力、(i)当社の中核市場、地域および垂直市場における経済状況に重大な変化がないこと、(j)当社が事業を展開する業界が経営陣の期待通りに成長し続けることを含む、当社が対処可能な市場および垂直市場の規模および成長率、(k)インフレを含む為替レートおよび金利、ならびに金融市場におけるボラティリティに関する当社の前提の正確さ、(l)法律または規制事項における不利な変更がないこと、(m)現行の税法における不利な変更がないこと、(n)営業および資本支出の必要性の予測、および(o)COVID-19パンデミック(亜種を含む)が、当社の中核市場、地域、および垂直市場における広範な免疫が達成され、持続的に沈静化したこと(かかる市場における社会的距離を置く措置およびその他の制限の一般的な撤廃を含む)。別段の記載がない限り、将来の見通しに関する情報は、本書の日付以降に発表または完了する可能性のある合併、買収、事業分離または企業結合の潜在的な影響を考慮したものではありません。ここに記載されている将来の見通しに関する情報は、当社が合理的であると考える仮定に基づいていますが、実際の結果は将来の見通しに関する情報と異なる可能性があるため、投資家はこの情報に過度に依存しないようご注意ください。
従って、ここに記載されている将来の見通しに関する情報はすべて、前述の注意書きによって限定されており、当社が予測する結果や展開が実現する保証はなく、また、仮に実質的に実現したとしても、当社の事業、財務状況、経営成績に期待通りの結果や影響を与える保証はありません。別段の記載がない限り、または文脈上別段の記載がない限り、ここに記載されている将来の見通しに関する情報は、本書の日付現在、または別段の記載がある日付現在(該当する場合)における当社の予想を表すものであり、当該日付以降に変更される可能性があります。ただし、当社は、新たな情報、将来の出来事、またはその他の結果にかかわらず、かかる将来予想に関する情報を更新または修正する意図、義務、または引き受けを、適用される法律で義務付けられている場合を除き、一切否認します。
連絡先
投資家
アンソニー・ガースタイン
ヴァイス・プレジデント、インベスター・リレーションズ部門長
anthony.gerstein@nuvei.com
Statements of Profit or Loss and Comprehensive Income or Loss Data
(in thousands of U.S. dollars except for shares and per share amounts)
|
Three months ended
December 31 |
Years ended
December 31 |
|
2021 |
2020 |
2021 |
2020 |
|
$ |
$ |
$ |
$ |
収益 |
211,875 |
115,907 |
724,526 |
376,226 |
売上原価 |
49,115 |
23,519 |
147,755 |
69,255 |
売上総利益 |
162,760 |
92,388 |
576,771 |
306,971 |
販売費および一般管理費 |
140,921 |
68,437 |
431,303 |
234,972 |
営業利益 |
21,839 |
23,951 |
145,468 |
71,999 |
金融収益 |
(550) |
(1,257) |
(2,859) |
(5,427) |
金融費用 |
5,001 |
2,494 |
16,879 |
159,091 |
純金融費用 |
4,451 |
1,237 |
14,020 |
153,664 |
為替差損益 |
(2,486) |
1,029 |
(513) |
18,918 |
Income (loss) before income tax |
19,874 |
21,685 |
131,961 |
(100,583) |
法人所得税 |
7,535 |
(892) |
24,916 |
3,087 |
当期純利益(損失) |
12,339 |
22,577 |
107,045 |
(103,670) |
その他の包括利益(損失) |
|
|
|
|
その後損益に再分類される可能性のある項目 |
|
|
|
|
海外事業-為替換算差額 |
(10,920) |
18,394 |
(31,031) |
32,855 |
包括利益(損失) |
1,419 |
40,971 |
76,014 |
(70,815) |
に帰属する当期純利益(損失): |
|
|
|
|
当社普通株主 |
10,808 |
21,726 |
102,293 |
(106,230) |
非支配持分 |
1,531 |
851 |
4,752 |
2,560 |
|
12,339 |
22,577 |
107,045 |
(103,670) |
に帰属する包括利益(損失): |
|
|
|
|
当社普通株主 |
(112) |
40,120 |
71,262 |
(73,375) |
非支配持分 |
1,531 |
851 |
4,752 |
2,560 |
|
1,419 |
40,971 |
76,014 |
(70,815) |
1株当たり当期純利益(損失 |
|
|
|
|
普通株主に帰属する1株当たり当期純利益(損失 |
|
|
|
|
ベーシック |
0.08 |
0.16 |
0.73 |
(1.08) |
希薄化 |
0.07 |
0.16 |
0.71 |
(1.08) |
加重平均発行済普通株式数 |
|
|
|
|
ベーシック |
142,698,569 |
135,837,128 |
139,729,116 |
98,681,060 |
希薄化 |
147,640,841 |
139,929,183 |
144,441,502 |
98,681,060 |
連結財政状態計算書データ
(単位:千米ドル)
連結財政状態計算書データ
(単位:千米ドル) |
|
|
|
2021年12月31日 |
2020年12月31日 |
|
$ |
$ |
資産 |
|
|
|
|
|
流動資産 |
|
|
現金 |
748,576 |
180,722 |
売上債権およびその他の債権 |
39,262 |
32,055 |
インベントリー |
1,277 |
80 |
前払費用 |
8,483 |
4,727 |
未収還付法人税等 |
3,702 |
6,690 |
1年内返済予定の前渡金 |
3,104 |
8,520 |
1年内契約資産 |
1,354 |
1,587 |
|
|
|
分離前流動資産合計 |
805,758 |
234,381 |
分離基金 |
720,874 |
443,394 |
流動資産合計 |
1,526,632 |
677,775 |
|
|
|
非流動資産 |
|
|
第三者への立替金 |
13,676 |
38,478 |
有形固定資産 |
18,856 |
16,537 |
無形資産 |
747,600 |
524,232 |
のれん代 |
1,126,768 |
969,820 |
繰延税金資産 |
13,036 |
3,785 |
契約資産 |
1,091 |
1,300 |
プロセッサー預託金 |
4,788 |
13,898 |
その他の非流動資産 |
3,023 |
1,944 |
|
|
|
総資産 |
3,455,470 |
2,247,769 |
負債 |
|
|
|
|
|
流動負債 |
|
|
営業債務およびその他の債務 |
101,848 |
64,779 |
未払法人税等 |
13,478 |
7,558 |
1年以内に返済予定の営業貸付金および借入金 |
7,349 |
2,527 |
その他の流動負債 |
13,226 |
7,132 |
|
|
|
加盟店預り金控除前の流動負債合計 |
135,901 |
81,996 |
加盟店による |
720,874 |
443,394 |
|
|
|
流動負債合計 |
856,775 |
525,390 |
|
|
|
非流動負債 |
|
|
貸付金および借入金 |
501,246 |
212,726 |
繰延税金負債 |
71,100 |
50,105 |
その他の非流動負債 |
4,509 |
1,659 |
|
|
|
負債合計 |
1,433,630 |
789,880 |
|
|
|
|
|
|
|
|
|
エクイティ |
|
|
|
|
|
親会社株主に帰属する持分 |
|
|
株式資本 |
2,057,105 |
1,625,785 |
拠出剰余金 |
69,943 |
11,966 |
Deficit |
(108,749) |
(211,042) |
その他の包括利益(損失)累計額 |
(8,561) |
22,470 |
|
|
|
|
2,009,738 |
1,449,179 |
非支配持分 |
12,102 |
8,710 |
|
|
|
Total Equity |
2,021,840 |
1,457,889 |
|
|
|
Total Liabilities and Equity |
3,455,470 |
2,247,769 |
|
|
|
連結キャッシュ・フロー計算書
(単位:千米ドル)
連結キャッシュ・フロー計算書
(単位:千米ドル) |
|
|
12月31日に終了した事業年度 |
2021 |
2020 |
|
$ |
$ |
Cash flow from operating activities |
|
|
当期純利益(損失) |
107,045 |
(103,670) |
Adjustments for: |
|
|
Depreciation of property and equipment |
5,811 |
5,121 |
Amortization of intangible assets |
85,017 |
64,552 |
Amortization of contract assets |
2,180 |
2,114 |
Share-based payments |
53,180 |
10,407 |
純金融費用 |
14,020 |
153,664 |
為替差損益 |
(513) |
18,918 |
子会社売却に伴う減損 |
- |
338 |
法人所得税 |
24,916 |
3,087 |
Changes in non-cash working capital items |
21,604 |
(2,281) |
Interest paid |
(14,351) |
(43,788) |
Income taxes paid |
(32,052) |
(14,223) |
|
266,857 |
94,752 |
Cash flow used in investing activities |
|
|
Business acquisitions, net of cash acquired |
(387,654) |
(67,537) |
子会社売却による収入(現金控除後 |
- |
19,045 |
Decrease (increase) in other non-current assets |
10,525 |
(1,683) |
Net decrease in advances to third parties |
9,190 |
9,401 |
Acquisition of property and equipment |
(5,728) |
(3,395) |
Acquisition of intangible assets |
(21,441) |
(14,448) |
|
(395,108) |
(58,617) |
財務活動によるキャッシュ・フロー |
|
|
貸付金および借入金による収入 |
300,000 |
110,000 |
貸付金および借入金に関連する取引費用 |
(5,529) |
(3,380) |
Proceeds from exercise of stock options |
8,994 |
- |
株式の発行による収入 |
424,833 |
758,597 |
Transaction costs from issuance of shares |
(15,709) |
(42,966) |
株主からの転換社債の返済 |
- |
(93,384) |
Repayment of loans and borrowings |
(2,560) |
(642,786) |
Payment of lease liabilities |
(2,594) |
(2,439) |
Dividend paid by subsidiary to non-controlling interest |
(1,360) |
(940) |
|
706,075 |
82,702 |
Effect of movements in exchange rates on cash |
(9,970) |
1,813 |
現金の純増加 |
567,854 |
120,650 |
現金-期首残高 |
180,722 |
60,072 |
現金-年度末 |
748,576 |
180,722 |
調整後EBITDAおよびフリー・キャッシュ・フローから当期純利益(損失)および営業活動によるキャッシュ・フローへの調整
(単位:千米ドル)
|
前第3四半期
12月31日 |
Years ended
December 31 |
|
2021 |
2020 |
2021 |
2020 |
|
$ |
$ |
$ |
$ |
|
|
|
|
|
Cash flow from operating activities |
64,972 |
45,783 |
266,857 |
94,752 |
Adjustments for: |
|
|
|
|
Depreciation of property and equipment |
(1,535) |
(979) |
(5,811) |
(5,121) |
Amortization of intangible assets |
(24,403) |
(17,430) |
(85,017) |
(64,552) |
Amortization of contract assets |
(595) |
(417) |
(2,180) |
(2,114) |
Share-based payments |
(32,935) |
(3,200) |
(53,180) |
(10,407) |
純金融費用 |
(4,451) |
(1,237) |
(14,020) |
(153,664) |
為替差損益 |
2,486 |
(1,029) |
513 |
(18,918) |
子会社売却に伴う減損 |
- |
- |
- |
(338) |
法人所得税 |
(7,535) |
892 |
(24,916) |
(3,087) |
棚卸資産の正味実現可能価額への評価減 |
- |
(513) |
- |
(513) |
Changes in non-cash working capital items |
(6,218) |
(4,432) |
(21,604) |
2,281 |
Interest paid |
4,792 |
1,495 |
14,351 |
43,788 |
Income taxes paid |
17,761 |
3,644 |
32,052 |
14,223 |
当期純利益(損失) |
12,339 |
22,577 |
107,045 |
(103,670) |
金融費用 |
5,001 |
2,494 |
16,879 |
159,091 |
金融収益 |
(550) |
(1,257) |
(2,859) |
(5,427) |
Depreciation and amortization |
25,938 |
18,410 |
90,828 |
69,673 |
法人所得税費用(回収) |
7,535 |
(892) |
24,916 |
3,087 |
Acquisition, integration and severance costs (a) |
8,773 |
4,673 |
25,831 |
9,970 |
Share-based payments and related payroll taxes(b) |
34,674 |
3,200 |
54,919 |
10,407 |
為替差損益 |
(2,486) |
1,029 |
(513) |
18,918 |
Legal settlement and other (c) |
230 |
1,079 |
188 |
933 |
Adjusted EBITDA |
91,454 |
51,313 |
317,234 |
162,982 |
Acquisition of property and equipment, and intangible assets |
(9,642) |
(5,572) |
(27,169) |
(17,843) |
Free cash flow |
81,812 |
45,741 |
290,065 |
145,139 |
- These expenses relate to:
- 買収活動および財務活動に関連する専門家報酬、弁護士報酬、コンサルティング報酬、会計報酬およびその他の費用。2021年12月31日に終了した3ヵ月間および通期では、これらの費用はそれぞれ430万ドルおよび1,470万ドルであった(2020年12月31日に終了した3ヵ月間および通期ではそれぞれ570万ドルおよび1,090万ドル)。これらの費用は販売費および一般管理費の専門家報酬の項目に表示されている。
- 買収関連報酬。2021年12月31日に終了した3ヵ月間および通期では、これらの費用は450万ドルおよび1,080万ドルであった(2020年12月31日に終了した3ヵ月間および通期では、それぞれ110万ドルおよび080万ドル)。これらの費用は販売費および一般管理費の従業員報酬項目で表示されている。
- 過去に買収した事業の繰延購入対価の変更。2021年には認識されなかった。2020年12月31日に終了した3ヵ月間および通年では、120万ドルおよび250万ドルの利益が認識された。これらの金額は販売費および一般管理費に計上されている。
- 退職金および統合費用は、2021年12月31日に終了した3ヵ月間および通期では軽微であった(2020年12月31日に終了した3ヵ月間および通期では0.1百万ドルおよび0.7百万ドル)。これらの費用は販売費および一般管理費に計上されている。
- これらの費用は、株式報酬制度に基づき発行されたストック・オプションおよびその他の報酬に関連して認識された費用、ならびに株式報酬に直接帰属する関連給与税である。2021年12月31日に終了した3ヵ月間および通期では、現金支出を伴わない株式ベースの支払い32.9百万ドルおよび53.2百万ドル(2020年12月31日に終了した3ヵ月間および通期では3.2百万ドルおよび10.4百万ドル)、ならびに関連給与税170万ドル(2020年はゼロ)の現金支出で構成されている。
- This line item primarily represents legal settlements and associated legal costs, as well as non-cash gains, losses and provisions and certain other costs. These costs are presented in selling, general and administrative expenses.
調整後純利益、基本的1株当たり調整後純利益、希薄化後1株当たり調整後純利益の純利益(損失)への調整
(単位:千米ドル(1株および1株当たり金額を除く)
|
Three months ended
December 31 |
Years ended
December 31 |
|
2021 |
2020 |
2021 |
2020 |
$ |
$ |
$ |
$ |
|
|
|
|
|
当期純利益(損失) |
12,339 |
22,577 |
107,045 |
(103,670) |
負債区分の普通株式および優先株式の償還価額の変動(a) |
- |
- |
- |
76,438 |
繰延取引費用の前倒し償却 |
- |
- |
- |
24,491 |
買収関連無形資産の償却 (b) |
22,828 |
16,008 |
78,979 |
59,219 |
買収・統合・退職費用(c) |
8,773 |
4,673 |
25,831 |
9,970 |
株式ベースの支払いおよび関連給与税(d) |
34,674 |
3,200 |
54,919 |
10,407 |
為替差損益 |
(2,486) |
1,029 |
(513) |
18,918 |
和解金およびその他(e) |
230 |
1,079 |
188 |
933 |
Adjustments |
64,019 |
25,989 |
159,404 |
200,376 |
調整に関する法人所得税費用(f) |
(5,784) |
(2,074) |
(17,867) |
(7,720) |
Adjusted net income |
70,574 |
46,492 |
248,582 |
88,986 |
Net income attributable to non-controlling interest |
(1,531) |
(851) |
(4,752) |
(2,560) |
Adjusted net income attributable to the common shareholders of the Company |
69,043 |
45,641 |
243,830 |
86,426 |
加重平均発行済普通株式数 |
|
|
|
|
ベーシック |
142,698,569 |
135,837,128 |
139,729,116 |
98,681,060 |
希薄化 |
147,640,841 |
139,929,183 |
144,441,502 |
101,576,193 |
|
|
|
|
|
当社普通株主に帰属する調整後1株当たり当期純利益(g) |
|
|
|
|
ベーシック |
0.48 |
0.34 |
1.75 |
0.88 |
希薄化 |
0.47 |
0.33 |
1.69 |
0.85 |
- この項目は、TSX上場前に負債に分類されていた株式に関連する償還価額の変動である。TSX上場の一環として、当該株式は劣後議決権株式として株式に転換された。これらの費用は金融費用に含まれている。
- This line item relates to amortization expense taken on intangible assets created from the purchase price adjustment process on acquired companies and businesses and resulting from a change in control of the Company.
- These expenses relate to:
- 買収活動および財務活動に関連する専門家報酬、弁護士報酬、コンサルティング報酬、会計報酬およびその他の費用。2021年12月31日に終了した3ヵ月間および通期では、これらの費用はそれぞれ430万ドルおよび1,470万ドルであった(2020年12月31日に終了した3ヵ月間および通期ではそれぞれ570万ドルおよび1,090万ドル)。これらの費用は販売費および一般管理費の専門家報酬の項目に表示されている。
- 買収関連報酬。2021年12月31日に終了した3ヵ月間および通期では、これらの費用は450万ドルおよび1,080万ドルであった(2020年12月31日に終了した3ヵ月間および通期では、それぞれ110万ドルおよび080万ドル)。これらの費用は販売費および一般管理費の従業員報酬項目で表示されている。
- 過去に買収した事業の繰延購入対価の変更。2021年には認識されなかった。2020年12月31日に終了した3ヵ月間および通年では、120万ドルおよび250万ドルの利益が認識された。これらの金額は販売費および一般管理費に計上されている。
- 退職金および統合費用は、2021年12月31日に終了した3ヵ月間および通期では軽微であった(2020年12月31日に終了した3ヵ月間および通期では0.1百万ドルおよび0.7百万ドル)。これらの費用は販売費および一般管理費に計上されている。
- これらの費用は、株式報酬制度に基づき発行されたストック・オプションおよびその他の報酬に関連して認識された費用、ならびに株式報酬に直接帰属する関連給与税である。2021年12月31日に終了した3ヵ月間および通期では、現金支出を伴わない株式ベースの支払い32.9百万ドルおよび53.2百万ドル(2020年12月31日に終了した3ヵ月間および通期では3.2百万ドルおよび10.4百万ドル)、ならびに関連給与税170万ドル(2020年はゼロ)の現金支出で構成されている。
- This line item primarily represents legal settlements and associated legal costs, as well as non-cash gains, losses and provisions and certain other costs. These costs are presented in selling, general and administrative expenses.
- This line item reflects income tax expense on taxable adjustments using the tax rate of the applicable jurisdiction.
- The number of share-based awards used in the diluted weighted average number of common shares outstanding in the Adjusted net income per diluted share calculation is determined using the treasury stock method as permitted under IFRS.
地域別売上高
The following table summarizes our revenue by geography based on the billing location of the merchant:
|
前第3四半期
12月31日 |
|
Change |
|
Years ended
December 31 |
|
Change |
(In thousands of U.S. dollars, except for percentages) |
2021 |
2020 |
|
|
|
|
2021 |
2020 |
|
|
|
$ |
$ |
|
$ |
% |
|
$ |
$ |
|
$ |
% |
収益 |
|
|
|
|
|
|
|
|
|
|
|
North America |
76,229 |
52,001 |
|
24,228 |
47 % |
|
301,257 |
183,803 |
|
117,454 |
64 % |
Europe, Middle East and Africa |
127,856 |
58,884 |
|
68,972 |
117 % |
|
394,758 |
176,771 |
|
217,987 |
123 % |
Latin America |
6,404 |
3,315 |
|
3,089 |
93 % |
|
22,841 |
10,771 |
|
12,070 |
112 % |
Asia Pacific |
1,386 |
1,707 |
|
(321) |
(19) % |
|
5,670 |
4,881 |
|
789 |
16 % |
|
211,875 |
115,907 |
|
95,968 |
83 % |
|
724,526 |
376,226 |
|
348,300 |
93 % |
Reconciliation of Organic revenue and Organic revenue growth to Revenue
|
前第3四半期
12月31日 |
Years ended
December 31 |
|
2021 |
2020 |
2021 |
2020 |
(In thousands of U.S. dollars except for percentages) |
$ |
$ |
$ |
$ |
|
|
|
|
|
収益 |
211,875 |
115,907 |
724,526 |
376,226 |
買収または売却した事業の調整 (a) |
(32,740) |
— |
(123,659) |
(2,524) |
Organic revenue |
179,135 |
115,907 |
600,867 |
373,702 |
Revenue growth |
83 % |
|
93 % |
|
Organic revenue growth |
55 % |
|
61 % |
|
当社は、2020年11月2日にSmart2Pay Technology & Services B.V.を、2021年1月1日にBase Commerceを、2021年8月3日にMazoomaを、2021年9月1日にSimplexとPaymentezを買収した。2020年5月にCreditGuard社を売却した。