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Paysafe Limited (PSFE) 10-Year Financial Performance & Capital Metrics

PSFE • • Industrial / General
TechnologyIT ServicesPayment Processing & Financial TechnologyPayment Processing Leaders
AboutPaysafe Limited provides digital commerce solutions to online businesses, small and medium-sized business merchants, and consumers through its Paysafe Network worldwide. The company operates in two segments, US Acquiring and Digital Commerce. It provides PCI-compliant payment acceptance and transaction processing solutions for merchants and integrated service providers, including merchant acquiring, transaction processing, online solutions, fraud and risk management tools, data and analytics, and point of sale systems and merchant financing solutions under the Paysafe and Petroleum Card Services brands. The company also offers digital wallet solutions under the Skrill and NETELLER brands; and pay-by-bank solution under the Rapid Transfer brand. In addition, it provides eCash solutions, such as Paysafecash, a bill payment eCash solution that allow users to shop online and then pay offline in cash to finalize the transaction; paysafecard, a prepaid eCash solution; and paysafecard prepaid Mastercard that can be linked to a digital paysafecard account and used to make purchases. Further, it offers integrated and ecommerce solutions for online merchants and software-integrated merchants within integrated payment capabilities; online toolkit that allows merchants and integrated software vendor to build and scale their online commerce presence; and turn-key payments gateway solution that offers critical connectivity between merchant online sites and payment acceptance and transaction processing providers. Additionally, the company manages and provides various connections to card processing networks, acquiring banks, and transaction processors; and offers gateway connectivity,? shopping cart, tokenization and encryption, fraud and risk management, and support to payment alternatives, as well as provides integrations into eCommerce platforms and multiple alternative payment methods. Paysafe Limited is based in London, the United Kingdom.Show more
  • Revenue $1.7B +6.5%
  • EBITDA $408M -3.5%
  • Net Income $22M +209.4%
  • EPS (Diluted) 0.36 +209.1%
  • Gross Margin 58.02% -1.0%
  • EBITDA Margin 23.94% -9.3%
  • Operating Margin 7.82% -21.1%
  • Net Margin 1.3% +202.8%
  • ROE 2.51% +208.2%
  • ROIC 3.19% -13.1%
  • Debt/Equity 2.74 -4.3%
  • Interest Coverage 0.95 -9.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 0.5x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.7x
  • ✗Weak momentum: RS Rating 9 (bottom 9%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y3.75%
3Y4.66%
TTM-0.95%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-427.12%

EPS CAGR

10Y-
5Y-
3Y-
TTM-462.06%

ROCE

10Y Avg-4.81%
5Y Avg-7.31%
3Y Avg-10.7%
Latest3.88%

Peer Comparison

Payment Processing Leaders
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
PAYPaymentus Holdings, Inc.1.63B29.3183.7441.86%5.29%11.06%3.88%0.02
FISFidelity National Information Services, Inc.32.86B63.4544.683.01%1.42%1.1%6.01%0.74
PSFEPaysafe Limited443.61M7.7221.446.48%-7.35%-17.42%30.05%2.74
FISVFiserv, Inc.35.92B66.7812.417.14%17.05%14.35%14.09%0.90

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.14B1.42B1.43B1.49B1.5B1.6B1.7B
Revenue Growth %-0.24%0.01%0.04%0.01%0.07%0.06%
Cost of Goods Sold+390.71M508.74M534.82M599.78M614.02M663.21M715.76M
COGS % of Revenue0.34%0.36%0.37%0.4%0.41%0.41%0.42%
Gross Profit+749.95M909.4M891.67M887.24M882.11M937.93M989.07M
Gross Margin %0.66%0.64%0.63%0.6%0.59%0.59%0.58%
Gross Profit Growth %-0.21%-0.02%-0%-0.01%0.06%0.05%
Operating Expenses+576.22M857.59M871.99M1.16B2.75B779.27M855.72M
OpEx % of Revenue0.51%0.6%0.61%0.78%1.84%0.49%0.5%
Selling, General & Admin341.96M443.06M00000
SG&A % of Revenue0.3%0.31%-----
Research & Development4.99M07.95M8.57M12.41M8.53M8.09M
R&D % of Revenue0%-0.01%0.01%0.01%0.01%0%
Other Operating Expenses234.26M414.53M864.03M1.15B2.74B770.74M847.63M
Operating Income+115.94M51.81M19.68M-269.27M-1.87B158.66M133.35M
Operating Margin %0.1%0.04%0.01%-0.18%-1.25%0.1%0.08%
Operating Income Growth %--0.55%-0.62%-14.68%-5.95%1.08%-0.16%
EBITDA+350.2M331.64M287.85M-7.9M-1.61B422.8M408.11M
EBITDA Margin %0.31%0.23%0.2%-0.01%-1.07%0.26%0.24%
EBITDA Growth %--0.05%-0.13%-1.03%-202.18%1.26%-0.03%
D&A (Non-Cash Add-back)234.26M279.83M268.17M261.37M266.82M264.14M274.75M
EBIT130.04M46.35M157.6M80.76M25.96M163.46M137.59M
Net Interest Income+-164.13M-173.02M-166.34M-165.83M-126.63M-151.15M-140.81M
Interest Income0000000
Interest Expense164.13M173.02M166.34M165.83M126.63M151.15M140.81M
Other Income/Expense-150.03M-178.47M-205.59M73.83M-42.85M-138.07M-119.33M
Pretax Income+-34.09M-126.66M-185.91M-195.44M-1.91B20.59M14.02M
Pretax Margin %-0.03%-0.09%-0.13%-0.13%-1.28%0.01%0.01%
Income Tax+5.62M-16.52M-59.2M-85.11M-52.5M40.84M-8.14M
Effective Tax Rate %1.16%0.87%0.68%0.57%0.97%-0.98%1.58%
Net Income+-39.71M-110.2M-126.72M-110.95M-1.86B-20.25M22.16M
Net Margin %-0.03%-0.08%-0.09%-0.07%-1.24%-0.01%0.01%
Net Income Growth %--1.77%-0.15%0.12%-15.79%0.99%2.09%
Net Income (Continuing)-39.71M-110.14M-126.71M-110.33M-1.86B-20.25M22.16M
Discontinued Operations0000000
Minority Interest5.9M5.96M11.3M138M000
EPS (Diluted)+-0.66-1.83-2.10-1.83-30.77-0.330.36
EPS Growth %--1.77%-0.15%0.13%-15.81%0.99%2.09%
EPS (Basic)-0.66-1.83-2.10-1.83-30.77-0.330.36
Diluted Shares Outstanding60.31M60.31M60.31M60.31M60.52M61.43M61.9M
Basic Shares Outstanding60.31M60.31M60.31M60.31M60.52M61.43M60.88M
Dividend Payout Ratio-------

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.7B1.89B2.2B2.34B2.5B1.91B1.68B
Cash & Short-Term Investments122.97M234.62M387.62M313.44M260.22M202.32M216.68M
Cash Only122.97M234.62M387.62M313.44M260.22M202.32M216.68M
Short-Term Investments0000000
Accounts Receivable138.18M120.38M373.43M306.97M307.1M333.31M296.76M
Days Sales Outstanding44.2130.9895.5575.3574.9275.9863.54
Inventory00001.87B00
Days Inventory Outstanding----1.11K--
Other Current Assets1.44B1.47B1.44B1.66B1.93B1.37B1.16B
Total Non-Current Assets+5.68B5.44B5.21B4.92B3.46B3.32B3.13B
Property, Plant & Equipment64.44M63.56M58.88M48.02M47.46M39.33M64.92M
Fixed Asset Turnover17.70x22.31x24.23x30.96x31.53x40.71x26.26x
Goodwill3.45B3.44B3.48B3.65B2B2.02B1.98B
Intangible Assets2.01B1.8B1.52B1.2B1.29B1.16B981.32M
Long-Term Investments00125.11M017.32M10.43M5.5M
Other Non-Current Assets149.13M133.78M508K1.86M2.05M6.84M12.81M
Total Assets+7.38B7.33B7.41B7.27B5.96B5.23B4.81B
Asset Turnover0.15x0.19x0.19x0.20x0.25x0.31x0.35x
Asset Growth %--0.01%0.01%-0.02%-0.18%-0.12%-0.08%
Total Current Liabilities+1.54B1.61B1.82B1.66B2.3B1.71B1.45B
Accounts Payable32.86M237.67M27.16M18.6M45.97M49.67M57.64M
Days Payables Outstanding30.69170.5218.5411.3227.3327.3429.39
Short-Term Debt23.61M24.79M24.37M10.19M10.19M10.19M10.19M
Deferred Revenue (Current)0000000
Other Current Liabilities1.49B1.34B1.73B1.57B2.19B1.61B25.35M
Current Ratio1.10x1.18x1.21x1.41x1.09x1.11x1.16x
Quick Ratio1.10x1.18x1.21x1.41x0.27x1.11x1.16x
Cash Conversion Cycle----1.16K--
Total Non-Current Liabilities+3.67B3.65B3.65B2.9B2.8B2.63B2.48B
Long-Term Debt3.45B3.45B3.25B2.75B2.63B2.49B2.35B
Capital Lease Obligations029.64M34.54M28.01M29.91M16.96M35.57M
Deferred Tax Liabilities00122.52M64.89M118.79M111.7M91.57M
Other Non-Current Liabilities216.49M170.4M247.49M59.38M17.01M11.41M3.99M
Total Liabilities5.21B5.26B5.48B4.56B5.1B4.34B3.93B
Total Debt+3.48B3.52B3.31B2.8B2.68B2.53B2.41B
Net Debt3.35B3.28B2.92B2.48B2.42B2.32B2.19B
Debt / Equity1.60x1.70x1.71x1.03x3.12x2.86x2.74x
Debt / EBITDA9.93x10.61x11.48x--5.98x5.90x
Net Debt / EBITDA9.58x9.90x10.14x--5.50x5.37x
Interest Coverage0.71x0.30x0.12x-1.62x-14.78x1.05x0.95x
Total Equity+2.17B2.06B1.93B2.71B859.64M883.31M879.26M
Equity Growth %--0.05%-0.06%0.4%-0.68%0.03%-0%
Book Value per Share35.9834.2232.0544.9014.2014.3814.21
Total Shareholders' Equity2.16B2.06B1.92B2.57B859.64M883.31M879.26M
Common Stock1.25M1.25M1.25M723K730K741K750K
Retained Earnings-21.41M-131.61M-265.83M-376.79M-2.24B-2.26B-2.24B
Treasury Stock000000-42.59M
Accumulated OCI-4.46M-602K-2.42M-3.83M-38.08M-23.75M-40.49M
Minority Interest5.9M5.96M11.3M138M000

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-27.29M289.05M409.11M261.46M917.3M234.02M253.8M
Operating CF Margin %-0.02%0.2%0.29%0.18%0.61%0.15%0.15%
Operating CF Growth %-11.59%0.42%-0.36%2.51%-0.74%0.08%
Net Income-39.71M-110.14M-126.71M-110.33M-1.86B-20.25M22.16M
Depreciation & Amortization234.26M279.83M268.17M261.37M266.82M264.14M274.75M
Stock-Based Compensation000101.77M028.87M38.53M
Deferred Taxes-27.33M-27.42M-61.14M-96.99M-82.88M19.69M-33.19M
Other Non-Cash Items10.06M152.78M211.06M194.9M1.92B9.02M38.81M
Working Capital Changes-204.56M-6.01M117.74M-89.25M674.16M-67.45M-87.27M
Change in Receivables-47.72M-75.04M-8.85M-42.59M-46.2M-18.81M-43.24M
Change in Inventory0000000
Change in Payables-43.44M-250K-27.77M-25.73M0-32.97M-26.65M
Cash from Investing+-5.05B-160.56M-51.22M-411.27M-575.59M-135.24M-108.38M
Capital Expenditures-92.9M-9.66M-5.39M-5.62M-93.61M-12.85M-15.94M
CapEx % of Revenue0.08%0.01%0%0%0.06%0.01%0.01%
Acquisitions-------
Investments-------
Other Investing-733.6M-150.45M-81.53M-142.13M-826K-132.6M-101.36M
Cash from Financing+3.27B72.68M-75.47M446.29M-73.76M-771.03M-280.8M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing-40.44M-12.7M-9.6M917.38M-18.07M-599.01M-173.68M
Net Change in Cash-------
Free Cash Flow+-120.19M128.94M322.19M113.71M912.75M101.12M133.31M
FCF Margin %-0.11%0.09%0.23%0.08%0.61%0.06%0.08%
FCF Growth %-2.07%1.5%-0.65%7.03%-0.89%0.32%
FCF per Share-1.992.145.341.8915.081.652.15
FCF Conversion (FCF/Net Income)0.69x-2.62x-3.23x-2.36x-0.49x-11.56x11.45x
Interest Paid0167.46M154.37M91.55M0153.79M150.93M
Taxes Paid024.5M793K36.27M043.77M30.84M

Key Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)-1.83%-5.21%-6.34%-4.78%-104.43%-2.32%2.51%
Return on Invested Capital (ROIC)1.57%0.71%0.29%-4.02%-33.15%3.67%3.19%
Gross Margin65.75%64.13%62.51%59.67%58.96%58.58%58.02%
Net Margin-3.48%-7.77%-8.88%-7.46%-124.5%-1.26%1.3%
Debt / Equity1.60x1.70x1.71x1.03x3.12x2.86x2.74x
Interest Coverage0.71x0.30x0.12x-1.62x-14.78x1.05x0.95x
FCF Conversion0.69x-2.62x-3.23x-2.36x-0.49x-11.56x11.45x
Revenue Growth-24.33%0.59%4.24%0.61%7.02%6.48%

Revenue by Segment

2021202220232024
Merchant Solutions-817.35M878.35M957.62M
Merchant Solutions Growth--7.46%9.03%
Digital Commerce837.25M686.16M734.67M-
Digital Commerce Growth--18.05%7.07%-
Intersegment--7.38M-11.88M-
Intersegment Growth---60.91%-
U S Acquiring649.76M---
U S Acquiring Growth----

Revenue by Geography

2021202220232024
UNITED STATES-774.05M824.92M891.99M
UNITED STATES Growth--6.57%8.13%
All Other Countries622.97M583.9M607.15M642.42M
All Other Countries Growth--6.27%3.98%5.81%
GERMANY-103.49M102.64M107.14M
GERMANY Growth---0.82%4.39%
U S683.34M---
U S Growth----
D E127.12M---
D E Growth----

Frequently Asked Questions

Valuation & Price

Paysafe Limited (PSFE) has a price-to-earnings (P/E) ratio of 21.4x. This is roughly in line with market averages.

Growth & Financials

Paysafe Limited (PSFE) reported $1.68B in revenue for fiscal year 2024. This represents a 48% increase from $1.14B in 2018.

Paysafe Limited (PSFE) grew revenue by 6.5% over the past year. This is steady growth.

Paysafe Limited (PSFE) reported a net loss of $123.8M for fiscal year 2024.

Dividend & Returns

Paysafe Limited (PSFE) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.

Paysafe Limited (PSFE) generated $89.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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