Updates

Paysafe - US$0.5bn headroom for deals and soon-to-be prospective PE only 10.8

December 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Since our last update, Paysafe has acquired Income Access for US$30m, of which US$21m has been paid upfront with the rest due in 18 months. Income Access generated a pretax profit of US$2.5m in the year to 31 March.It provides technology for gambling and gaming merchants to manage their affiliate programmes and its network of 25,000 affiliates use Income Access’s multi-channel software to run their marketing campaigns. The business has been integrated into Paysafe’s Digital Wallets side, where it will provide an additional service to merchants helping to strengthen the company’s relationships with them.Separately, having raised guidance in May and then again in August, Paysafe has confirmed that ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Lavendon - Unsolicited bid and counterbid!

Growth Portfolio 3 - December '16

Paysafe - 590p cash bid approach (August 2017)

Paysafe - Confirms 31%+ EBITDA margins (June 2017)

Paysafe (April 2017)

Paysafe - Deutsche Bank raises target to 600p ahead of CEOs bold acquisition (February 2017)

Paysafe - Trading ahead of expectations (September 2016)

Paysafe - Will beat even upgraded expectations (June 2016)

Paysafe - Shares move to new high following results (April 2016)

Paysafe (February 2016)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X