Paysafe’s stock rose 7.5% following Q1 results, reflecting better-than-expected growth driven by strong revenue and user metrics, particularly in Latin America and sports betting, alongside encouraging progress in AI-related commerce initiatives.
- Revenue grew 10% year-over-year with adjusted EBITDA up 4% and adjusted EPS increasing 21%.
- Active consumer users reached 7.9 million, a 9% increase, with Latin America hitting a new record of 3.3 million active users.
- Merchant-side e-commerce grew 17%, led by iGaming, which expanded 28%, while SMB business showed a modest 2% improvement.
- Operating expenses rose 6%, mainly due to FX and investments in data infrastructure and marketing to support AI initiatives.
- The company reaffirmed full-year growth outlook and highlighted improving net leverage to 5.2x, aiming for valuation support over the next two years.
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