Shift4 Payments, Inc.: Focus on Organic Growth and Diverse Offerings 

Shift4 Payments reported its second quarter results for 2024, reflecting robust growth in several key financial metrics, driven by strategic acquisitions and a significant expansion across various verticals both domestically and internationally. The company showcased impressive growth in end-to-end payment volume, ascending by 50% year-over-year. Gross profit increased by 38%, and gross revenue led by network fees grew by 41%. Adjusted EBITDA witnessed a 48% rise, reaching $162 million, underscoring an expansion in margins by 240 basis points, now at 51%. This improvement came despite the margin drag caused by the acquisitions of Appetize and Finaro, anticipated to normalize as synergistic benefits are realized.