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nuvei Payment Technology Partner Nuvei Announces Second Quarter 2021 Results Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards ( " IFRS " ) MONTREAL , August 10 , 2021 - Nuvei Corporation ( " Nuvei " or the " Company " ) ( TSX : NVEI and NVEI.U ) , the global payment technology partner of thriving brands , today reported its financial results for the second quarter ended June 30 , 2021 . " Our revenue and Adjusted EBITDA ( 1 ) results for the second quarter of 2021 exceeded the financial outlook previously provided , underscoring the strength and momentum in our business , " said Philip Fayer , Nuvei's Chair and CEO . " We achieved total volume ( 2 ) , revenue , ‚ and Adjusted EBITDA ( 1 ) growth of 146 % , 114 % , and 112 % , respectively , over the second quarter of 2020 , as we continue advancing our strategic initiatives , expanding global connectivity and market opportunity , delivering full - stack leading edge payment technology solutions to help our merchants connect with their customers by making the world a local marketplace . Our accelerated investments in product , innovation , distribution and talent are driving performance and laying the foundation for sustainable growth . We are proud of our results and are consequently raising our financial outlook for the full year 2021 and providing medium and long - term growth targets . " Financial Highlights for the Three Months Ended June 30 , 2021 • Total volume ( 2 ) increased 146 % to $ 21.9 billion from $ 8.9 billion • • • • • • ○ eCommerce represented approximately 84 % of total volume Revenue increased 114 % to $ 178.2 million from $ 83.3 million Net income was $ 38.9 million compared to net income of $ 14.0 million Adjusted EBITDA ( 1 ) increased 112 % to $ 79.4 million from $ 37.4 million Adjusted net income ( ¹ ) was $ 64.5 million compared to $ 16.3 million Net income per diluted share of $ 0.26 compared to $ 0.15 Adjusted net income ( 1 ) per diluted share of $ 0.44 compared to $ 0.18 • Cash of $ 533.7 million at June 30 , 2021 compared to $ 180.7 million at December 31 , 2020 Financial Highlights for the Six Months Ended June 30 , 2021 • • • • • • Total volume ( 2 ) increased 139 % to $ 42.5 billion from $ 17.8 billion ○ eCommerce represented approximately 86 % of total volume Revenue increased 97 % to $ 328.7 million from $ 166.6 million Net income was $ 66.7 million compared to a net loss of $ 48.4 million Adjusted EBITDA ( 1 ) increased 105 % to $ 144.8 million from $ 70.7 million Adjusted net income ( 1 ) was $ 115.7 million compared to $ 26.0 million Net income per diluted share of $ 0.45 compared to a net loss per share of $ 0.58 Adjusted net income ( 1 ) per diluted share of $ 0.79 compared to $ 0.29 • Cash flow from operating activities of $ 139.0 million increased from $ 32.8 million Operational Highlights • Total volume ( 2 ) in the quarter increased triple - digits in all four regions with North America up 160 % , Europe , the Middle East and Africa ( EMEA ) up 135 % , Asia - Pacific ( APAC ) up 110 % , and Latin America ( LATAM ) up 105 % . • Volume growth from current customers and the acceleration of new client wins drove Nuver's second quarter performance . Total volume ( 2 ) from new business increased 114 % in the six months period