Paysafe reported a third-quarter FY21 revenue decline of 1 percent year-on-year to $353.6 million, missing the consensus of $370.6 million. Total Payment Volume of $31.1 billion increased 19 percent Y/Y.
Segments
Integrated Processing revenue grew 3.5 percent Y/Y to $186.9 million, Digital Wallet revenue declined 15.1 percent Y/Y to $83.7 million, and eCash Solutions revenue increased 10 percent Y/Y to $90.2 million.The adjusted EBITDA margin contracted 10 bps to 30.1 percent.
