Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Paysafe showed solid performance during its third quarter of 2024, marked by a balanced mix of growth and caution.</li><li>The company reported an 8% year-over-year revenue increase to $427.1 million, with strong performances across Merchant Solutions and Digital Wallets segments.</li><li>Merchant Solutions experienced 11% growth, driven by robust e-commerce performance – notably in North American iGaming which expanded over 50% – as well as continued cross-selling and new client acquisitions.</li></ul>

Paysafe showed solid performance during its third quarter of 2024, marked by a balanced mix of growth and caution.The company reported an 8% year-over-year revenue increase to $427.1 million, with strong performances across Merchant Solutions and Digital Wallets segments.Merchant Solutions experienced 11% growth, driven by robust e-commerce performance – notably in North American iGaming which expanded over 50% – as well as continued cross-selling and new client acquisitions.

Paysafe Exploring A Sale: The $1.4 Billion Payments Giant Attracting Big-Buyer Interest?

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

<ul><li>Paysafe is undergoing a turnaround after a significant decrease in value since its post-IPO high</li><li>The company generates cash and benefits from growth opportunities in the igaming sector</li><li>Despite high leverage and a substantial PE shareholder overhang, the stock has potential for significant upside if the turnaround is successful</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Paysafe is undergoing a turnaround after a significant decrease in value since its post-IPO highThe company generates cash and benefits from growth opportunities in the igaming sectorDespite high leverage and a substantial PE shareholder overhang, the stock has potential for significant upside if the turnaround is successfulThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Paysafe Ltd (PSFE) - Thursday, Sep 26, 2024

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>In response to an <a href="https://www.afr.com/street-talk/bain-capital-checks-out-eml-payments-bankers-chase-other-buyers-20220412-p5acvc" target="_blank" rel="noopener">AFR article</a>, <a href="https://www.smartkarma.com/entities/eml-payments-limited" target="_blank" data-smartkarma-citation="entities:3232:1" rel="noopener">EML Payments Limited (EML AU)</a> confirmed takeover interest from Bain Capital. However, discussions have ceased. The shares closed 10.5% higher at A$2.94. </li>
<li>The bombed-out share prices of payment companies have supported recent M&amp;A activity such as <a href="https://www.smartkarma.com/entities/afterpay-holdings-ltd" target="_blank" data-smartkarma-citation="entities:24047:1" rel="noopener">Afterpay Holdings (AFY AU)</a>/<a href="https://www.smartkarma.com/entities/square-inc" target="_blank" data-smartkarma-citation="entities:23755:1" rel="noopener">Square Inc (SQ US)</a> and <a href="https://www.smartkarma.com/entities/sezzle-inc" target="_blank" data-smartkarma-citation="entities:30969:1" rel="noopener">Sezzle Inc (SZL AU)</a>/<a href="https://www.smartkarma.com/entities/zip-co-ltd-3708706d-4978-4e29-acbc-d9702b971da9" target="_blank" data-smartkarma-citation="entities:29126:1" rel="noopener">Zip Co Ltd (Z1P AU)</a>.</li>
<li>Despite today’s pop, the shares are still 50% down over the last 12 months. EML’s market positioning and expected stronger 2HFY22 should continue to fuel takeover interest.</li>
</ul>


In response to an AFR article, EML Payments Limited (EML AU) confirmed takeover interest from Bain Capital. However, discussions have ceased. The shares closed 10.5% higher at A$2.94. 
The bombed-out share prices of payment companies have supported recent M&amp;A activity such as Afterpay Holdings (AFY AU)/Square Inc (SQ US) and Sezzle Inc (SZL AU)/Zip Co Ltd (Z1P AU).
Despite today’s pop, the shares are still 50% down over the last 12 months. EML’s market positioning and expected stronger 2HFY22 should continue to fuel takeover interest.


EML Payments Flirtation with Bain Likely Not the Last

United States

Paysafe Limited is an integrated payments platform. The Company enable's businesses and consumers to connect and transact in payment processing, digital wallet, and online cash solutions. Paysafe serves customers worldwide.

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Paysafe Ltd (PSFE US)

Paysafe Exploring A Sale: The $1.4 Billion Payments Giant Attracting Big-Buyer Interest?

Paysafe showed solid performance during its third quarter of 2024, marked by a balanced mix of growth and caution. The company reported an 8%...

Baptista Research

Paysafe Ltd (PSFE) - Thursday, Sep 26, 2024

Paysafe is undergoing a turnaround after a significant decrease in value since its post-IPO high. The company generates cash and benefits from...

Value Investors Club (VIC)

EML Payments Flirtation with Bain Likely Not the Last

EML confirmed takeover interest from Bain Capital but discussions have ceased. EML’s market positioning and expected stronger 2HFY22 should...

Arun George

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