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home / news releases / FOUR - Shift4: 30% Revenue CAGR In Next 3 Years


FOUR - Shift4: 30% Revenue CAGR In Next 3 Years

2024-03-30 10:26:20 ET

Summary

  • FY23 witnessed significant growth in end-to-end payment volume, subscription revenue, and total revenue, driven by increased merchant adoption in new verticals, strategic acquisitions, and the next-gen SkyTab POS system.
  • Shift4 achieved impressive growth in gross profit and gross margin, outpacing revenue growth, and thus, profitability. Continued margin improvements are anticipated in FY24.
  • Shift4's current premium valuation is justified by its demonstrated self-sustainability, superior growth trajectory, and improving margins.
  • Shift4 is expected to grow revenue at 30% for the next 3 years.

Investment Thesis

For further details see:

Shift4: 30% Revenue CAGR In Next 3 Years
Stock Information

Company Name: Shift4 Payments Inc. Class A
Stock Symbol: FOUR
Market: NYSE
Website: shift4.com

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