Paysafe Limited announced its financial results for the fourth quarter and full year ended December 31, 2024. For Q4 2024, the company reported adjusted earnings per share of 48 cents, surpassing the street view of 24 cents. Quarterly sales reached $420.1 million, an increase of 1% year-over-year, though this fell short of the analyst consensus of $429.9 million.
Total Payment Volume (TPV) for the fourth quarter grew by 12% to $40.0 billion. However, Adjusted EBITDA for the quarter declined by 15%. For the full year 2024, Paysafe reported total revenue of $1.70 billion, representing a 6.5% increase from fiscal year 2023, and achieved a positive GAAP net income for the first time.
Looking ahead, Paysafe projected revenue for the full year 2025 to be between $1.71 billion and $1.73 billion, which fell short of analysts’ forecasts. Despite this, management anticipates an acceleration of organic revenue growth to 8-10% in the second half of 2025, with the fourth quarter expected to be the strongest for reported growth, organic growth, and margin performance. The company emphasized leveraging its white-label wallet platform and regulatory strength for future growth.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.