Nuvei Corp T.NVEI

Alternate Symbol(s): NVEI

Nuvei Corporation is a fintech company. The Company provides electronic payment technology solutions to merchants and partners in North America, Europe, Middle East and Africa, Latin America and Asia-Pacific. Its solutions span the entire payments stack and include an integrated payments engine with global processing capabilities and a suite of data-driven business intelligence tools and risk management services. The Company platform provides pay-in and payout capabilities, connecting merchants with their customers in over 200 markets worldwide. Its platform supports for more than 634 alternative payment methods, and over 150 currencies. It also enables online payments, mobile payment and in-store payments. Its platform enables customers to accept payments worldwide regardless of their customers’ location, device or preferred payment method. Its technology includes gateway, currency management, global payouts, card issuing, open banking, data reporting and reconciliation tools.

TSX:NVEI - Post by User

Nuvei Corp > The Nuvei Bleeding Continues

<< Previous

Bullboard Posts

Next >>

Comment by AlwaysLong683on Aug 11, 2023 10:21pm

240 Views

Post# 35584957

RE:RE:The Nuvei Bleeding Continues

Things to note on Nuvei's most recent financial statements: that may account for a portion of the big share price drop...?

BALANCE SHEET:

1) Cash on Hand + Receivables has fallen dramatically from $813M to $219M since December 2022.

2) One item, "Goodwill", accounts for almost half (44%) of Total Assets. This is usually what happens when a company is a serial acquirer of other companies. Does the market feel this number is still justified, or does the market expect a significant writedown?

INCOME STATEMENT:

Net Income per share dropped from 0.23 to 0.07 vs. last's year's Q2.

<< Previous

Bullboard Posts

Next >>

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle