Shift4
🇺🇸 NYSE:FOUR
•
Dec 31, 2024
Shift4 Q4 2024 Earnings Report
Shift4 reported strong revenue and profit growth, driven by record transaction volumes and strategic expansions.
Key Takeaways
Shift4 delivered a record Q4 2024 with a 49% YoY increase in end-to-end payment volume, reaching $47.9 billion. Revenue grew 26% YoY, and net income surged over 625%. The company expanded into new geographies and secured major hospitality and sports partnerships.
End-to-end payment volume hit a record $47.9 billion, up 49% YoY.
Gross revenue grew to $887.0 million, a 26% YoY increase.
Net income surged 625% YoY to $139.3 million.
Expansion into international markets and new verticals continued, with significant wins in hospitality and entertainment.
Shift4 Revenue
Shift4 EPS
Shift4 Revenue by Segment
Forward Guidance
Shift4 expects continued strong growth in 2025, driven by geographic expansion, strategic acquisitions, and new verticals.
Positive Outlook
- Projected revenue growth of 22% YoY, reaching $1.65-$1.72 billion.
- Adjusted EBITDA expected to grow 23% YoY to $830-$855 million.
- End-to-end payment volume forecasted to exceed $200 billion.
- Strong backlog of contracted volume and new international markets.
- Ongoing strategic investments in hospitality, sports, and unified commerce.
Challenges Ahead
- Potential macroeconomic uncertainty impacting consumer spending.
- Integration risks associated with recent acquisitions.
- Regulatory changes in key international markets could create headwinds.
- Competitive pressures from fintech and traditional payment providers.
- Increased operating expenses due to expansion and infrastructure investments.
Revenue & Expenses
Visualization of income flow from segment revenue to net income